Today, incumbent banks and other FS organisations are facing unprecedented change in their sectors: challenges from new entrants and more agile technologies, regulatory changes, demands from customers and shareholders and intensifying pressures to drive continued cost efficiencies. The adoption of cloud technology provides an opportunity to address a number of these issues – providing flexibility and agility, enabling new data-rich services, increasing efficiency and cutting costs.
Despite cloud being a major part of today’s digital agenda, financial services (FS) organisations have in the past struggled to keep pace with the adoption of cloud computing and there remains a number of perceived barriers holding back wide scale adoption. These may barriers may include, a lack of clarity on regulatory guidance at a European and UK level, the implications for security and concerns over the risk implications for banks in migrating data to the cloud.
Join us on 1 November for an in-depth roundtable discussion focusing on the opportunities for financial service organisations adopting and deploying cloud services, the barriers preventing the sector from moving to the cloud and how these can be addressed.
Opening remarks will be provided by:
- Sue McLean, Technology and FinTech Partner, Baker McKenzie
- Rich Radley, Head of Customer Engineering, Financial Services, Google Cloud
- Darren Earnshaw, CIO / IT Director / Head of Lending Technology, Barclays UK
- Matthew Field, Senior Public Policy Manager, Digital, HSBC