Deutsche Bank: Nearly a third of finance workloads could hit cloud in 3 years
The financial industry has been one of the most reticent to adopt IaaS public cloud computing services, but researchers at Deutsche Bank predict that big banks’ use of cloud will ramp up “materially” in 2017.+MORE AT NETWORK WORLD: How Goldman Sachs and Bank of America are using containers and cloud | What happened at Apple’s WWDC +Regulatory barriers, questions about security and legacy IT installations are the leading reasons financial services companies have not used public cloud compute and storage services thusfar, DB researchers say. Increasingly however, banks are facing pressure to cut costs and increase flexibility of IT environments. Meanwhile, public cloud vendors like Amazon Web Services and Microsoft Azure have become more compliance centric in order to cater to the financial services industry.To read this article in full or to leave a comment, please click here