The financial industry cannot ignore the cloud
Although the security requirements for cloud computing are particularly high in the financial industry, more and more financial institutions are relying on cloud solutions. Greater flexibility, leaner processes, better scalability: these and other reasons are massively driving cloud use in companies. Only the financial sector has so far reacted cautiously in the face of uncertainties. But the new study “Cloud Monitor 2023: Financial Services” from KPMG shows that the industry cannot ignore cloud computing if it wants to help shape technological change. For Daniel Wagenknecht and Gerrit Bojen, both partners in the Financial Services department at KPMG, it is clear: the financial service providers in Germany...
