Commentary: The cloud challenges bank IT systems

06/25/2014 | InformationWeek

Banks are finding it increasingly difficult to keep abreast of demand for 24/7 services through the cloud wanted by hyper-connected customers while keeping traditional operations up to spec, write Vamsi Chemitiganti, chief architect of Red Hat's Financial Services Vertical. Part of the attraction of the cloud is the ability to cut costs, he says, but it also requires moving away from legacy systems and thinking of innovations like a startup.

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