Gartner Research

3 Steps to Successfully Target Cloud Offering for Retail Banks

Published: 07 June 2019

ID: G00403021

Analyst(s): Moutusi Sau, Petr Gorodetskiy

Summary

Retail banks are looking at cloud as an attractive alternative to replace archaic legacy infrastructure and support digital transformation. Product managers at cloud solution and service providers should help banks design a dedicated cloud banking system roadmap and help them move to the cloud.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Step 1: Accumulate Expertise Based on Impact of Cloud on the Key Technology Areas in Retail Banks
    • Recommendations
  • Step 2: Identify the Best Cloud Service Model for Retail Banking Activities
    • Recommendations
  • Step 3: Introduce an Approach That Finds the Balance Between Technology Risk and Technology Value for Retail Bankers
    • Recommendations

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