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Informationweek
Why the Financial Services Industry is Embracing the Cloud
Financial services firms, such as banks and insurance providers, are rapidly heading into the cloud, lured by the promise of multiple monetary, innovation and performance benefits.
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Capital One surprised business and technology analysts late last year by announcing that it has shuttered its physical data centers and moved all of its operations into an Amazon Web Services (AWS) public cloud. In doing so, Capital One became the first major bank to completely transition to an all-cloud IT environment. It s highly unlikely that it will be the last to do so. ....

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