Public Cloud In Financial Services

Public Cloud In Financial Services -TechProspect Public Cloud In Financial Services -TechProspect

Cloud computing has made steady inroads into risk management and compliance for more than a decade. Capital markets firms and other large financial institutions pioneered private clouds as a scalable alternative to on-premise grid computing to handle data intensive and complex calculations for financial risk management. Cloud computing’s ability to support advanced big data, analytics, and model development techniques has increased the attractiveness of the cloud for risk management applications.

 

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