Push for multi-cloud adoption risks limiting benefits to capital markets: New report

September 27 2021

As emphasis grows in capital markets for data portability in applications and workloads, and regulators push for banks to adopt multi-cloud architectures, new limitations are cropping up that limit cloud adoption.

According to a new report by Protiviti and Association for Financial Markets in Europe, prioritizing portability can lead to a reduction in the benefits of different clouds. Ideally, multi-cloud is used to access the best services from different clouds and as a way to improve resiliency. But if banks aren't careful, resource and process complexity can lead to reduced resiliency with multi-cloud, the authors warned.

About Eamon McCarthy Earls

As the assistant editor at MSDynamicsWorld.com and MSCloudNews.com, Eamon helps to oversee editorial content on the site and supports site management and strategy. He can be reached at eearls@msdynamicsworld.com.

Before joining MSDynamicsWorld.com, Eamon was editor for SearchNetworking.com at TechTarget, where he covered networking technology, IoT, and cybersecurity. He is also the author of multiple books and previously contributed to publications such as the Boston Globe, Milford Daily News, and DefenceWeb.

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