Building secure, scalable cloud-enabled architectures for future-ready banking solutions
Synopsis
In the present times, banks are looking for Cloud-enabled solutions that are secure, scalable, and capable of meeting the complex operational requirements of a 21st-century business. The primordial focus of banks today is to protect the interests of their depositors by being transparent, securing sensitive data from being compromised, making their operations a zero-breach model, and by mustering huge resources in order to strengthen their Cyber Security posture. However, there is also a compulsion for banks to decide and invest in Modern Banking solutions that are Cloud-ready and capable of solving challenges faced by the banking industry due to massive growth and relentless competition in Financial Technology. This paper investigates the possibility of using Cloud as a viable solution for the banking industry. In particular, it covers a banking solution that is capable of offering secured Operations through Digital Enabled Channels and help the Banks offer Services at speed in cost-effective manner with Cloud based Modern Banking Solution. It also details the considerations that Banks must go through while choosing the Cloud as a Deployment option.