What's Going On In Banking
What's Going On In Banking brings you the latest in Banking, Finance, and Fintech with insights and commentary from industry leaders, and breaking news as it happens. Hosted by Cornerstone Advisor's Ron Shevlin, Chief Research Officer, and Stacey Bryant, Director of Client Development.
What's Going On In Banking
Can Banks Gain Cloud Leverage With AWS, GCP, and Azure?
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On this episode, Ron talks with Barb MacLean, SVP and Head of Technology Operations and Implementation at Coastal Bank. They discuss a recent report from the US Department of Treasury regarding cloud adoption in the financial services industry. The report criticizes the big tech providers Google, Amazon, and Microsoft for their lack of information sharing, user-unfriendly tools, and vulnerability to operational incidents. It also raises concerns about the concentration of power in the hands of the three major players, which could expose many financial services clients to physical or cyber risks.
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