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Open banking and the cloud

Open banking and cloud technology are very closely entwined. Their growth will inevitably progress in parallel. Banks that wish to capitalise on the open banking opportunity will adopt strategic cloud solutions and as open banking develops, cloud technology will move from useful to essential. This paper examines open banking as a catalyst of banking transformation

  • Editorial Team
  • December 12, 2019
  • 1 minute

Open banking and cloud technology are very closely entwined. Their growth will inevitably progress in parallel. Banks that wish to capitalise on the open banking opportunity will adopt strategic cloud solutions and as open banking develops, cloud technology will move from useful to essential.

This paper examines open banking as a catalyst of banking transformation and shows the pivotal role of cloud technology in making this happen.

 

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