Cloud adoption in financial services is accelerating, and it’s not just about efficiency. It’s about reshaping cloud strategies to drive innovation and unlock long-term growth.
From trading analytics to smarter risk management and next-generation client platforms, firms are leveraging cloud technology to drive innovation, unlock new opportunities and stay ahead of growing complexity.
To understand what’s driving this shift – and how firms are responding to an ever-evolving landscape – we surveyed over 450 senior financial services executives across the globe. The results offer a detailed and interesting snapshot of an industry in motion - navigating evolving regulations, use cases, and investment priorities.
Whether you’re shaping your own cloud roadmap or looking to benchmark your strategy, the report offers practical insight into how cloud is powering the next wave of financial innovation.
Our report explores
Current and anticipated cloud strategies and investment, including the impact of data security, privacy and sovereignty regulations
How strategies are evolving beyond cost savings to focus on agility and competitive edge as well as engagement with emerging technologies such as Artificial Intelligence (AI)
Why there’s no one-size-fits-all journey when it comes to cloud adoption, and the critical role of operational resilience.
Key findings
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61%say cloud adoption either significantly reduced costs or marginally reduced costs for the total cost of ownership (TCO) of their IT infrastructure
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34%of IT and data budgets are being deployed on cloud services on average
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63%of respondents say that operational resilience is very important when selecting a cloud provider, while 29% say that it is critical
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