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Cloud Computing for Financial Services: Opportunities and Considerations

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Executive Summary

The financial services industry has experienced unprecedented change in recent years. Regulatory pressures, narrowing margins, and fierce global competition require organizations to seek innovative strategies and solutions. To thrive in the "New normal," financial institutions must focus on core business and cost containment without sacrificing the capability to adapt and respond as the market evolves. To meet the daunting demands for greater agility, efficiency, and managerial transparency, financial firms must align interdepartmental strategies and deliver solutions at a far greater pace than ever before.

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