Thinking about following the industry leaders into the cloud? In a previous post we talked about why banks like Capital One are moving to the cloud so quickly: cost-cutting, rapid deployment, ability to adapt and innovate, and security.
A major shift is taking place in banking right now. It’s a shift many banks have been pretty hush-hush about until now, and that naysayers said would never happen.
Banks are rapidly testing and moving to the cloud.
What happened in the past two years that changed how the banking industry approaches the cloud? Two words: Capital One. In October 2015, Capital One’s CIO, Rob Alexander, revealed that the bank was all-in on AWS. They were one of the very first U.S. banks to not only commit to the cloud in a big way, but also to announce it loudly and proudly. Read more “Why Banks are Moving to the Cloud — And Why You Should Too”