With 41% of banking account holders willing to switch banks to receive the modern conveniences and services available through digital transformation, it has become a financial business imperative to move to cloud core banking systems. How do you have the conversation about this major shift with leaders, board members, and trustees? What are the best ways to frame the discussion and the most important points to hit?
Go into your next strategic planning meeting with leadership well prepared. Read the new e-book from Finastra and Microsoft, The essential financial cloud – without the risk. In it you’ll get the parameters for a productive discussion that leads to actionable decisions and next steps. The e-book helps you cover:
- How to approach and frame the discussion by addressing the risks of keeping up with your customers, members—and competitors
- Guidance to identify the sources of institutional pain and concerns about cloud-based core banking systems
- Definitions of the basic terms for an informed discussion cloud migration and cloud banking
- How to address the universal concerns of cost and security for a cloud migration in the financial industry
- Which cloud environments to consider and what are the criteria driving 80% of the world’s largest banks to a single choice
- A roadmap for moving forward and agreeing on the principles for a cloud solution to enhance your institution