City
Epaper

New IBM India platform empowering banks to brave Cloud journey

By IANS | Updated: August 23, 2020 10:45 IST

New Delhi, Aug 23 For those financial institutions including banks in the country that are still hesitant to ...

Open in App

New Delhi, Aug 23 For those financial institutions including banks in the country that are still hesitant to embark on a Cloud journey for complete digital transformation due to genuine apprehensions emanating from safety and regulatory concerns, there is help at hand, say IBM India executives.

Banks know well that embracing the Cloud ecosystem can open the floodgates to innovations that can drive growth, increase efficiencies and more importantly, make the customers happier.

But the sensitivity of the data that they handle and the regulatory framework within which they must operate tend to sap their confidence.

However, IBM has a Cloud service precisely to address these concerns, two top executives of the company said.

"The world's first FSS

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: IBM India Private LimitedIBM
Open in App

Related Stories

TechnologyIBM Layoffs: US-Based Tech Giant To Cut 8,000 Positions Due to Losses in HR Department

NationalCBI Charges Former Air India CMD, IBM, and SAP in Rs 225 Crore Software Procurement Scam

BusinessXebia appoints Guido Bartels as Global Managing Director - Cloud

TechnologyIBM achieves new breakthrough in quantum computing

BusinessXebia appoints Keith Landis as Chief Marketing Officer to strengthen global brand presence

Technology Realted Stories

Technology91 online govt services restored after data centre fire in S. Korea

TechnologyDedicated team within ICAR to conduct sugarcane research: Shivraj Singh Chouhan

TechnologyClimate variability reshaping Indian Sardine's dynamics: Study

TechnologyMumbai's real estate market witnesses robust 1.11 lakh registrations between Jan-Sep

TechnologyAtmanirbharata is about building supply chains that can withstand global shocks: Piyush Goyal