Financial Firms Embrace The Cloud

Jun 14, 2012

As security worries recede, financial firms are looking to the cloud to store their data. Providers of cloud software, infrastructure and platforms for financial institutions serve a rapidly growing market. By the end of this year, global financial industry spending on cloud computing will reach $21.9-billion (U.S.) compared with just $4-billion in 2010, according to research and advisory firm CEB TowerGroup. Eran Farajun, EVP of Asigra, outlines three questions that financial firms should ask when selecting a cloud service provider.


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