Cloud in financial services: Building value across enterprise

After the 2007–2008 global economic crisis, business sponsors and key decision makers over the world are continuously looking to generate radical performance for their business and trying to recover lost profitability. Businesses eye on keeping IT infrastructure costs and operational risk under control. Given this context, cloud services have emerged as a viable business imperative. The cloud enables financial services companies to focus more on core competencies growing assets, servicing customers, gaining faster time to market for key offerings, reducing capital expenses via pay per use models and enabling services quickly to flex with market demands. This paper focuses different livery model of cloud computing and how cloud adoption can deliver significant and unique business benefits capital markets firms based on.