The Business Value of Cloud in Financial Services

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First Name

Last Name

Work Email

Phone

Country

State

Zip / Postal Code

Company Name

Job Role

Industry

Title

Are you currently planning to review or invest in cloud services?

Yes, in the next 1-6 months

Yes, in the next 6-12 months

Yes, timeline greater than a year

No - undetermined or not interested

Do you have one vendor for your cloud infrastructure needs or are you a multi-cloud business?

Yes, one cloud provider

No (multi-cloud)

If one provider, who is your primary provider or who’s being considered primarily?

Amazon Web Services

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The Business Value of Cloud in Financial Services

Financial services companies, across the banking, insurance, and capital markets segments, are continuing to shift key components of their IT infrastructure to the cloud, and they increasingly depend on cloud technology infrastructure to operate back-office processes and directly serve customers.

To understand more about the business value obtained from the adoption of cloud services, research conducted by GLG, surveyed 100 business and technology leaders in financial services companies that utilized Amazon Web Services (AWS).

Migrating to cloud services resulted in:

29% average reduction in cost of customer acquisition
39% average reduction in costs associated with fraudulent transactions
40% average reduction in the time to market for new products

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