Banking in the Cloud

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23 June 2010
Bart Narter
I have undergone a conversion. After talking to a bank CIO and attending the Cloudforce Tour yesterday in San Jose, California, I now see a place for the cloud in banking. The bank CIO talked about moving not just prospecting, but account origination to the cloud, specifically to The tools available on make for a reasonable environment and development platform for this bank. It can make sense. Seeing the hurdles that banks apply to security, I would have never thought that a horizontal provider would meet the rigorous requirements that banks require. is SAS70 compliant. A year ago I wouldn't have thought about moving real banking activity to the cloud. Today I do. Are you moving any of your banking activities other than prospecting to the cloud?

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Asia-Pacific, EMEA, LATAM, North America