FinTech Magazine April 2024 | Page 151

TECH & AI

“ The biggest and most innovative finserv businesses see cloud and financial service excellence as indivisible ”

STEVE MORGAN GLOBAL BANKING INDUSTRY LEAD , PEGASYSTEMS
“ When a bank has a cloud platform , they can more easily take on board the specific capabilities of a fintech ,” he says .
“ Greater cloud migration and development of a cloud-native mindset means the bank can think and behave more like the fintechs with which it wants to collaborate .”
Williams acknowledges that , by embracing , adopting and migrating to the cloud , banks can unlock increased agility , innovation and efficiency , ensuring they remain competitive and provide outstanding customer experiences in what is a rapidly evolving financial landscape . It ’ s not all smooth sailing ,
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