Application of Cloud Computing in Banking: Advantages and Challenges

DOI

10.2991/icpel-17.2017.8How to use a DOI?

Keywords

cloud computing, cloud service provider, banks, information security

Abstract

Cloud computing technology will bring to banks such advantages as cost savings, enhanced data processing capacity and improved quality of financial services. To further promote the application of cloud computing in the banking industry, the first and foremost task is to solve the security problem. Judging from the commercial banks, cloud computing should be applied step-by-step, gradually moving from the peripheral business to the core business. For large banks, to build their own private cloud is the appropriate way into the financial cloud. For small banks, using the cloud service provider's public financial cloud can quickly support the development of their business, and effectively bridge the information divide.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Gujun Yan
PY  - 2017/07
DA  - 2017/07
TI  - Application of Cloud Computing in Banking: Advantages and Challenges
BT  - Proceedings of the 2017 2nd International Conference on Politics, Economics and Law (ICPEL 2017)
PB  - Atlantis Press
SP  - 29
EP  - 32
SN  - 2352-5428
UR  - https://doi.org/10.2991/icpel-17.2017.8
DO  - 10.2991/icpel-17.2017.8
ID  - Yan2017/07
ER  -