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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?

Citibank signs up for SAP cloud-based corporate-to-bank solution

The cloud can help tier-one banks and corporates become more efficient, says SAP's Vijay Chikarmane

Cloud computing company SAP has signed a deal with Citibank for a major new cloud platform that promises to simplify corporate to bank connectivity for some of the world’s largest banks, BCN’s sister site Banking Technology has learned.

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