Cloud Computing in Financial Services

By: B. Nicoletti

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Hardcover | 27 February 2013 | Edition Number 1

At a Glance

Hardcover
240 Pages

Dimensions(cm)
21.7 x 14.4 x 1.9

Hardcover

$169.00

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Financial institutions need to increase revenues, decrease cost and be compliant in these difficult times. To meet all these challenges they need to consider disruptive innovations. Cloud computing is one of them. It helps in introducing innovative services, re-engineer processes, improve agility and optimize value. This book analyses in depth the cloud computing model and its current and potential use in financial services. Cloud Computing can change the paradigm of the financial institutions. The word 'Bank' comes from the Italian word 'Banco', as in the 1300s banking was in the form of a desk in the streets. The new 'banco', the new 'desk', will be cloud. Financial institutions must use the model of Cloud Computing for their transformation to a new paradigm.
This book is a blend of academic research, consultancy practice and case studies. It helps in considering opportunities and risks, optimize vendor relationships and organize for the best.

Industry Reviews

"Cloud computing is a must in the current transformation process that the banking and financial industry are going through. To put a whole bank in the cloud will be the driver. In this book, Bernardo Nicoletti provides a clear, insightful and practical guide on how this can be achieved."

- Julio Yepes Sanchez, CEO of BBVA

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