Results tagged “cloud banking”

Banking on cloud

There is this telling anecdote of how an e-commerce giant discovered that most of the banks in a particular market did not have the infrastructure to handle the estimated transaction volumes of a one-day only 'Big Billion' sale. Now, it is hard to think of a provisioning strategy that could solve that problem without leveraging the potential of the cloud.

The human side of the cloud

People Cloud Employees.jpg

Cloud computing is more than just a technology; it's a model for disruptive business transformation. And like any business transformation endeavor, it has to be supported by some fundamental realignment in organization structures, processes and even culture.

Catering to Customers on the Cloud

People Cloud Customers.jpg

Capital is expensive, compliance is exacting, competition is intense and customer dynamics have changed - that, in brief, is the 'New Normal' in banking. As the pressure on margins and profitability mounts, banks will have to review and streamline existing operating structures to increase efficiency and productivity. Most importantly, being customer-centric is now more compulsion than choice in the new order of things. 

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