Banking Vittarth

Cloud Computing for Banks

#banking_brief_85

“If someone asks me what cloud computing is, I try not to get bogged down with definitions. I tell them that, simply put, cloud computing is a better way to run your business.”

-Marc Benioff, Founder, CEO and Chairman, Salesforce!!

In this tech-driven world, having the best technology is supposed to be efficient, convenient and necessary. One of the great tech phenomenon at present is Cloud Computing and many institutions and businesses are adopting it for it’s ease of doing, cost efficiency and less requisites of Tech Staff.

Banks are no exception, but being the heart of critical data of masses and the trustworthy of common people, can banks adopt it fully and how it is influencing the present financial institutions and how it would impact the finance world and banks in particular. This week’s Banking Brief talks about it.

Credits: Tanya Srivastava and SHEKHAR DAS
Content sources- RBI Paper and other various sources.

#NIBM#VittArth#Banking#cloudbanking#finance#technology#rbi

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