A recent conversation with a banking client highlighted a growing trend in the industry... moving mission-critical capabilities from internally-managed software solutions to private-cloud alternatives. They are looking to the cloud to improve failover and disaster recovery options. Improving these business-continuity factors using internal solutions has significant cost and complexity, particularly for legacy technology and expensive software components that have been customized and are difficult to support.
Indeed, a recent William Mills Agency report, ?Bankers as Buyers?, highlighted the growing trend Included in a report on cloud computing and Software-as-a-Service (SaaS), Celent?s Bob Narter said, ?In many ways SaaS on the cloud can offer superior service in areas such as archiving, disaster recovery, business continuity and availability.? The report points out that many banks also are pursuing private-cloud solutions as a means to protect sensitive information and overcome security objections.
Actually, banks are just catching up to many other industries in leveraging SaaS solutions for mission-critical systems.
Contact Equifax about how our solutions not only can help you improve service-availability, but also can drive innovation and support transformative business practices.
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