The Inevitable Journey to the Cloud in Banking
The journey to the cloud is inevitable for most financial institutions, but decision-makers may remain skeptical based on concerns about security, privacy, and migration.
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Within the next ten years, platformification will be in common use as a means to aggregate analytics tools, data sources, and data management services. Adapting to the cloud is not only important, it's necessary for platformification in banking. Legacy systems that are unable to work with platforms will hinder growth for community banks and credit unions.