Industries
Fintech Industry
In the recent past, cloud computing services are the buzzwords. Driving efficiency and cost-effectiveness, the cloud-based solutions are proffering numerous advantages to ventures from all sectors. The banking and finance sectors are no exception to extensively leveraging the cloud computing benefits.
The Trans formative Power of AWS Cloud
Let’s introduce you to Capital One. You might be aware of this leading finance player, for it is one of the nation’s largest banks and credit card service providers. Besides, Capital One is also known for its other services in the likes of checking and savings accounts, loans, and online banking for businesses and consumers.
It was in 2018 that the firm decided to reduce its data center footprint from eight of them to three. The bank availed the AWS cloud as a central part of this transformation strategy where it develops, tests, builds and runs most of its critical workloads. What’s more, even its new flagship mobile-banking application is deployed on the cloud.
Capital One states that the key reason for choosing the AWS cloud is for the security model it offers. Additionally, the platform enables Capital One to provision infrastructure on the fly with elasticity to tackle the purchasing demands at peak times. On the whole, AWS cloud is truly delivering Capital One resources that enhance its pace of innovation.
CloudForti is an AWS Partner. Talk to us to garner more details on AWS cloud migration.Salient Features of Cloud Computing in Banking
Data Aggregation
Financial Data such as account balance, spending behavior, budgeting, and cash flow is critical to any banking sector. Through the cloud, the information could be compiled from banking databases for proper processing. And this availability of data coupled with the confidentiality it endorses would take the game plan of fintech sectors to the next level.
Security
Security should be the top priority of any fintech organization. Thanks to the cloud computing fintech leaders who bring power and security to the table and assure the safe residing of data. While traditional IT infrastructures could run into cyberattacks, the cloud environment would deliver high resilience through its security architecture.
Fintech Industry
In the recent past, cloud computing services are the buzzwords. Driving efficiency and cost-effectiveness, the cloud-based solutions are proffering numerous advantages to ventures from all sectors. The banking and finance sectors are no exception to extensively leveraging the cloud computing benefits.
The Trans formative Power of AWS Cloud
Let’s introduce you to Capital One. You might be aware of this leading finance player, for it is one of the nation’s largest banks and credit card service providers. Besides, Capital One is also known for its other services in the likes of checking and savings accounts, loans, and online banking for businesses and consumers.
It was in 2018 that the firm decided to reduce its data center footprint from eight of them to three. The bank availed the AWS cloud as a central part of this transformation strategy where it develops, tests, builds and runs most of its critical workloads. What’s more, even its new flagship mobile-banking application is deployed on the cloud.
Capital One states that the key reason for choosing the AWS cloud is for the security model it offers. Additionally, the platform enables Capital One to provision infrastructure on the fly with elasticity to tackle the purchasing demands at peak times. On the whole, AWS cloud is truly delivering Capital One resources that enhance its pace of innovation.
CloudForti is an AWS Partner. Talk to us to garner more details on AWS cloud migration.Salient Features of Cloud Computing in Banking
Data Aggregation
Financial Data such as account balance, spending behavior, budgeting, and cash flow is critical to any banking sector. Through the cloud, the information could be compiled from banking databases for proper processing. And this availability of data coupled with the confidentiality it endorses would take the game plan of fintech sectors to the next level.
Security
Security should be the top priority of any fintech organization. Thanks to the cloud computing fintech leaders who bring power and security to the table and assure the safe residing of data. While traditional IT infrastructures could run into cyberattacks, the cloud environment would deliver high resilience through its security architecture.