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Cloud in financial services – what is it not good for?

Cloud: what’s stopping you?

Across the financial services sector, the question is now less about where cloud technology is being used, and more about where it isn’t used. Where do financial institutions draw the line when it comes to deciding whether to keep a process or IT-related service in-house or outsource it to specialists such as Amazon Web Services, SAP and many others?

Carta Blanco: NFV at Telefónica

telefonica fig 2

One of the most vigorous operators within the NFV ISG is Spanish incumbent Telefónica and, true to the message of accelerated change that the paper sought to communicate, it has not been sitting idly by. The firm marked the opening of MWC 2014 by setting out aggressive plans for the virtualization of its network functions, including detailed timelines relating to different network elements. The project has been dubbed ‘Unica’ and has as its headline aim the virtualization of 30 per cent of all new infrastructure by 2016.

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