The value of IBM Cloud for Financial Services

With IBM Cloud for Financial Services, IBM projects that regulated industries can reduce in-scope compliance costs by up to 30 percent and accelerate workload transformation by up to 24 months, leveraging the vendor’s compliance and security monitoring tools alongside pre-configured controls. By automating compliance tasks and integrating data controls throughout, IBM’s industry cloud enables financial institutions to de-risk their public cloud migration and accelerate their return on investment. With this focus on challenges common to the financial services industry, IBM intends to spur a new wave of cloud migration for customers limited by the security and reliability constraints of a public cloud. As more ISV, SaaS, and IBM’s own cloud-native offerings become validated against IBM’s control framework, Nucleus expects financial institutions to increasingly adopt IBM Cloud for Financial Services.