In the race to scale digital transformation in banking, the role of cloud has been at the forefront. Banks realize and acknowledge the potential of the cloud in driving unparalleled value gain across multiple fronts – be it scaling digital engagement, driving business innovation, reducing costs, or achieving operational excellence.
This report by Finacle and Google Cloud Platform (GCP) delves into the need to accelerate cloud adoption and provides insights on the potential impact of cloud across value streams.
Read the report to understand how banks can scale digital transformation with cloud using five key principles:
Finacle offers a wide range of functionally rich digital banking solutions for banks and FIs across segments. Finacle on Google Cloud will enable quick release of new features and ensure easier fixes
Deployment of Finacle solutions on Google Cloud is faster than on-premises, speeding up innovation and time to market for new banks, or bank-within-banks
Google Cloud Auto Scaling helps traditional banks and startups ramp up digital banking compute services, in line with key areas of business growth
Cloud compliance enables Finacle customers to use robust controls, that meet security and regulatory standards, to ensure data protection in the cloud
On cloud, digital banking systems integrate with other large workloads, which can also move to cloud: GL, Content Management, AI solutions, AML, and Risk management