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Financial institutions have the opportunity to streamline operations and realize savings from the cloud just like many organizations in other industries have achieved before them. But unlike organizations in less sensitive and less regulated verticals, financials have been understandably hesitant to place all of their trust in cloud services. By tackling some common hang-ups such as psychological hurdles, logistics and risk management, financials can take important first steps to building utilizing the cloud as other verticals have been enjoying for some time. And strong, specialized hosting providers can act as a trusted advisor in security and logistical support in order to help every stakeholder understand the value that cloud brings to bear on even the most critical financial business applications.
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