What does the future of cloud computing for banking look like - both in the near and long terms?
Accenture says that cloud computing can help banks achieve high performance by:
* Reducing IT operating costs.
* Improving the ability to attract and retain customers.
* Expanding market share.
However, these opportunities come with challenges, particularly with respect to security and data privacy, says the consultancy.
This point-of-view recommends an action plan for bank executives who plan to migrate to the cloud.
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