Multi-Cloud Strategy for Financial Services: Beyond the Buzzword
Multi-cloud is the most overused and misunderstood term in financial services technology. Most banks that claim to be “multi-cloud” are actually running primary workloads on one cloud provider with a secondary provider for disaster recovery. True multi-cloud — running production workloads across multiple cloud providers simultaneously — is rare because it is difficult, expensive, and often unnecessary. But for some financial services use cases, multi-cloud is not a buzzword — it is a regulatory requirement or a business necessity. The key is knowing when multi-cloud makes sense and when it is just adding complexity. ...