skip to main content
Close Icon We use cookies to improve your website experience.  To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy.  By continuing to use the website, you consent to our use of cookies.
Global Search Configuration

Introduction

This report evaluates how financial institutions across the sector are approaching and deploying cloud-based services for enterprise content collaboration to enable mobility and collaboration both inside and outside the institution.

Highlights

  • Ovum's Cloud in Financial Services study found that around a quarter of financial institutions now actively look to use cloud-based services as the preferred option where possible, and over 40% at least consider it as an option for a majority of projects.
  • Cloud is expected to transform the broader industry by 46% of institutions. In contrast, fewer than 20% of institutions do not expect to see any impact over this time.

Features and Benefits

  • Explores the benefits of a cloud-based approach, and why institutions need to be proactive in providing cloud-based services.
  • Understand the use cases for enterprise content collaboration in financial services.
  • Learn about financial institutions' use of cloud-based enterprise content collaboration.

Key questions answered

  • How are attitudes to public cloud services changing in financial services?
  • What are the advantages of cloud-based enterprise content collaboration?

Table of contents

Summary

  • Catalyst
  • Ovum view
  • Key messages
  • Recommendations for enterprises

A regulation-driven approach to cloud allows financial institutions to rethink business practices

  • Mobile and cloud technologies are driving a new industry shift
  • The financial sector expects cloud services to be transformative in dealing with the digital market place
  • Security, risk, and compliance requirements mean financial institutions must adopt cloud with enterprise-level practices

Cloud-based enterprise content collaboration provides productivity and client engagement benefits

  • Cloud-based content collaboration is providing real benefits
  • It has the potential to address an array of processes across the financial services sector

Appendix

  • Methodology
  • Further reading
  • Author
  • Copyright notice and disclaimer

Recommended Articles

  • Internet of Things

    IoT Viewpoints 2018

    IoT Viewpoints explore the IoT opportunity in 2018 and beyond. Download our latest e-book to get our newest collection of thought leadership articles on the emerging IoT trends, technologies and opportunities.

    Topics IoT

  • Consumer & Entertainment Services

    US pay TV: Is it facing an existential threat?

    By Adam Thomas 28 Mar 2018

    With US pay TV having endured the worst year in its history, thoughts have inevitably turned to the future. The likelihood remains that the immediate future will remain highly uncomfortable for everyone except the scaled multinational digital platforms.

  • Enterprise Services

    5G: Another technology in search of enterprise use cases

    By Evan Kirchheimer 26 Apr 2018

    Service provider interest in justifying 5G investment through its potential to open new revenue streams from the enterprise segment is growing ever greater.

;

Have any questions? Speak to a Specialist

Europe, Middle East & Africa team - +44 (0) 207 017 7700


Asia-Pacific team - +61 (0)3 960 16700

US team - +1 646 957 8878

Email us at ClientServices@ovum.com

You can also contact your named/allocated Client Services Executive using their direct dial.
PR enquiries - Call us at +44 788 597 5160 or email us at pr@ovum.com

Contact marketing - 
marketingdepartment@ovum.com

Already an Ovum client? Login to the Knowledge Center now