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Cloud Computing in Banking

Author(s):

Supriya Patil , Sardar Patel Institute Of Technology; Prathamesh Patil, Sardar Patel Institute Of Technology

Keywords:

Cloud computing, Banks and financial firms

Abstract

With the constant change in the field of technology, cloud computing is expected to be one of the fast-growing technology. Adoption of cloud computing continues to gain momentum across wide range of organizations including financial firms. Even though cloud computing was not readily accepted in the field of banking due to certain security issues, times have now changed. Now the banks are slowly able to see the advantages that cloud computing holds for them as an organization. With the change in technology, banks and other financial firms have started opting for cloud computing due to a variety of reasons. Through this paper we have tried to shed light on some of those reasons that makes cloud computing such a hot and debatable topic in recent times. With the help of some research done earlier in this field, we have tried to understand and study what the future of cloud computing could be in the banking industry.

Other Details

Paper ID: IJSRDV4I21315
Published in: Volume : 4, Issue : 2
Publication Date: 01/05/2016
Page(s): 1595-1597

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