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Discover the key hurdles faced by banks as they embark on their cloud migration journey. Join us as we delve into the critical issues faced by financial institutions and explore effective strategies to navigate the cloud successfully. From data security concerns to regulatory compliance and legacy system integration, our experts will shed light on the complexities involved and provide actionable insights to help banks harness the full potential of cloud computing. Don't miss this opportunity to gain valuable knowledge and stay ahead in the ever-evolving landscape of banking technology.
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Issues that banks face while navigating to cloud x
Challenges Struggle with security & compliance 1 Integration of cloud system with current legacy systems 2 Complexity of cloud computing exceeds that of conventional on- premises systems. 3 Shortage of Cloud Savvy talent 4
Solutions Develop a clear strategy outlining objective, cloud service model and deployment model 1 Choose a reputable cloud service provider 2 3 Develop a cloud migration plan Ensure regulatory compliance 4 Invest in staff training and education 5
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