Banks that had already begun their journeys to cloud have been able to navigate these challenges with greater agility and responsiveness. Post-COVID, cloud will prove even more transformational, equipping banks with vital scalability, efficiency, agility and security. In fact, cloud maturity is fast becoming a hallmark of the world’s best-performing banks. Our report assesses the current state of cloud maturity in growth markets and outlines the steps banks can take to accelerate their cloud-powered transformations.
- Cloud is essential for banks in growth markets to tackle today’s challenges and grasp tomorrow’s opportunities.
- Banks in growth markets face flat revenue growth, pressure on balance sheets and disruptive competitors. And COVID has amplified these challenges.
- It’s now harder than ever to drive essential business transformations for accelerated growth and new hyper-personalised customer offerings.
- Cloud is the key enabler of the agility, efficiency, resilience and innovation that banks need to move forward with new operating models.