Gartner Research

A Quick Look at Cloud Computing in Banking, 2012

Published: 14 March 2012

ID: G00231521

Analyst(s): Pete Redshaw

Summary

Cloud computing is the No. 1 strategic technology for financial services CIOs. Although there is significant adoption, it has mostly been limited to tactical, noncore applications and infrastructure in private clouds, with continuing major challenges for transformative cloud in this industry.

Table Of Contents

Analysis

  • Basic Cloud Definition
  • Status of Cloud in BIS
    • Expectation From Users
    • Reality for Users
  • Major Challenges to Be Overcome by BIS Firms Before 2015
    • Security
    • Regulation
    • Data
    • Intermediaries
    • Vendors
    • Culture
    • Alternatives
  • Major Opportunities for Adoption by BIS Firms Before 2015
    • Creative-Destruction
    • Insourcing and White Labeling
    • Cloud Ecosystem
    • Innovation
    • Storage Matrix
    • Shared utilities

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