Fenergo: 8 Major Benefits of Cloud Technology for Client Lifecycle Management

Cloud technology has developed and evolved in line with the myths that surround it. Up until 15 months ago, banks were publicly reticent about moving core banking services to the cloud for a myriad of regulatory and security concerns, including issues over confidentiality of data, lack of control of data, data breaches, and legal and compliance issues.

However, a little over a year on, we see that banks are quietly making use of cloud technologies, with IDC Financial Insights expecting a

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