Although banks globally have acknowledged its many benefits, the financial sector has been relatively slow to transition from legacy infrastructure to the cloud. According to a recent joint report by WSO2and Arizent, nearly 9-in-10 institutions are actively developing and deploying cloud native applications, but smaller institutions are still lagging behind.
The arguments for cloud migration are stronger than ever, at a time where remote working and digitalisation have ramped up in financial institutions across the globe. Not only are there strong cost-cutting advantages to cloud migration, but the shift could enable banks to focus on customer needs while enhancing competitiveness at a client-facing level.
However, large scale system overhauls are seldom as simple as boards hope, as companies strive to adapt to a surge in remote working, macroeconomic unrest and technological disruption. Fintechs and traditional banks alike are striving to leave legacy infrastructures behind, however seamless cloud migrations cannot happen overnight as successful integrations will need to be part of a long-term roadmap.
In pursuit of resilience, agility and scalability, The Banker is delighted to partner with WSO2to host leaders from the financial sector to share guidance, insight and success stories from along their cloud journey.
Moderated by The Banker journalists, join us for this online webinar to delve into the tough questions banks face when leading a cloud migration.
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KEY DISCUSSION POINTS
● How can banks accelerate long term efforts across the organisation towards the cloud?
● What are the success stories for the deployment of cloud native applications in banks?
● How do boards adequately evaluate cloud-native application investments?
● How can client-facing organisations deploy integrations with CRMs?
● How do you create a conducive environment for successful cloud migration?
Chief Technology Officer
Cloud Platforms Lead
Nationwide Building Society
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