Cloud Based Banking Analytics

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www.polestarllp.com How banks are modelling ways to the cloud? x

WHAT'S THE STATUS?

Know what are the current trends in the Banking space and how migrating to cloud can help organizations

30% 80%

According to McKinsey & Company survey, banks can save their IT infrastructure expenses by up to 30% by switching to the cloud

of banks intend to boost their use of cloud computing services in the next 3 years, according to Accenture Survey

70%

of banking clients expect their banks to provide digital services including mobile apps and online banking, according to an Oracle survey

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0% 10% 20% 30% 40% 50% Innovation Increased cloud compliance to security Simplified IT structure Cost reduction Customer Centricity
Lowered Infrastructure cost Operational Efficiency Salient Features Source: Appinventiv Better Data Security
WHAT'S DRIVING BANKS TO THE CLOUD?

HOW LEADING BANKS ARE PROGRESSING IN ASIA IN CLOUD IMPLEMENTATION?

Includes Private and Public migration

Excludes digital banks

Source: TABInsights

EarlyStage ProgressiveStage LeaderStage

Banks that have concentrated on the applications but have not yet changed the data stacks

Banks that took advantage of the option to move more recent systems and apps to the cloud

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Banks that are more proactive and want to move all of their crucial apps to the cloud.

Learn more about how cloud-based banking analytics can help your bank.

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