SaaS Cloud Computing: A Fast Track to Application Modernization for Banks
This briefing document describes key considerations and best practices that help global financial institutions get the value and performance they need from Software as a Service cloud computing. In a challenging economy, financial institutions are under intense pressure to grow their top lines and reduce costs. For bank CIOs, this means finding more cost-effective IT delivery methods that also support the rapid creation of innovative new services. As CIOs increasingly become consumers rather than providers of IT, cloud computing and especially Software as a Service (SaaS) is a compelling delivery alternative by providing on-demand access to IT services at a lower cost.