54% of banking IT leaders reported that they are actively piloting or adopting industry cloud solutions; however, moving your business to the cloud is not an easy task. You may think, well, is it just some simple lift-and-shift when Cloud Service providers put your data onto a cloud environment?
81% of financial institutions are gearing up to upgrade their open banking and payment gateways, yet many are finding it challenging to implement a cloud-based core. (Retail Banking Report – Endava, 2024).
The cloud presents a unique challenge for leaders in Australia’s and New Zealand’s banking, finance, and insurance sectors as they drive digital transformation.
Major financial institutions in ANZ region will say they are already multi-cloud. For most, that means a hybrid cloud approach.
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