The Role of Cloud Technologies in Modernizing Financial Data Infrastructure

Cloud technologies have revolutionized the financial services industry by transforming traditional infrastructure into agile, efficient, and secure digital environments. Financial institutions are rapidly adopting cloud solutions to enhance operational capabilities, reduce costs, and improve service delivery. The integration of advanced analytics, machine learning, and API-first architectures has enabled banks to offer personalized services, detect fraud more effectively, and process transactions in real-time. Hybrid cloud strategies have emerged as the preferred model, allowing organizations to maintain sensitive data while leveraging public cloud benefits. The evolution of regulatory technology has strengthened compliance frameworks while reducing monitoring costs and improving reporting efficiency. The transformation extends beyond technological advancement to encompass cultural shifts in financial organizations, promoting innovation-driven mindsets and customer-centric approaches. Financial institutions leveraging cloud technologies have demonstrated enhanced ability to adapt to market changes, meet evolving customer expectations, and maintain competitive advantages in an increasingly digital financial landscape.

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Publication Details

Journal
European Journal of Computer Science and Information Technology
Published
2025-05-15
DOI
https://doi.org/10.37745/ejcsit.2013/vol13n36122131
Primary Topic
Economic and Technological Developments in Russia
Type
article
Field-Weighted Citation Impact
0.00
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article

The Role of Cloud Technologies in Modernizing Financial Data Infrastructure

Purushotham Jinka
European Journal of Computer Science and Information Technology
Economic and Technological Developments in Russia
article

The Role of Cloud Technologies in Modernizing Financial Data Infrastructure

Purushotham Jinka
article en

Abstract

Cloud technologies have revolutionized the financial services industry by transforming traditional infrastructure into agile, efficient, and secure digital environments. Financial institutions are rapidly adopting cloud solutions to enhance operational capabilities, reduce costs, and improve service delivery. The integration of advanced analytics, machine learning, and API-first architectures has enabled banks to offer personalized services, detect fraud more effectively, and process transactions in real-time. Hybrid cloud strategies have emerged as the preferred model, allowing organizations to maintain sensitive data while leveraging public cloud benefits. The evolution of regulatory technology has strengthened compliance frameworks while reducing monitoring costs and improving reporting efficiency. The transformation extends beyond technological advancement to encompass cultural shifts in financial organizations, promoting innovation-driven mindsets and customer-centric approaches. Financial institutions leveraging cloud technologies have demonstrated enhanced ability to adapt to market changes, meet evolving customer expectations, and maintain competitive advantages in an increasingly digital financial landscape.

European Journal of Computer Science and Information TechnologyVol. 13(36)
University of Arizona (US)
Openalex Percentile: Top 74%
Economic and Technological Developments in Russia
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