PAYMENTS
CLOUD PLATFORMS CAN OFFER STRATEGIC ADVANTAGES SUCH AS:
REDUCING TIME TO MARKET and boosting competitive differentiation
ACCELERATING EXPERIMENTATION and innovation
Providing sandbox ENVIRONMENTS FOR TESTING and readiness
“Financial institutions have realised key strategic advantages beyond cost savings after migrating to the cloud”
BARATH NARAYANAN, GLOBAL BFSI AND EUROPE GEO HEAD, PERSISTENT SYSTEMS
Enabling RAPID PROTOTYPING
Faster processing of transactions and analytical workloads, resulting in BETTER INSIGHTS AND CUSTOMER VALUE
BETTER FRAUD DETECTION
HIGHER RESILIENCY for operations and applications
MINIMAL DOWNTIME and better disaster management
FACILITATING GLOBAL EXPANSION, open banking and integrated ecosystem
UNEXPECTED BENEFITS fintechmagazine. com 103