Reply: Second Edition Of “cloud In Financial Services” Report Unveils New Insights Into The Cloud Adoption Landscape For Financial Institutions In The Europe And The Uk

This report provides a comprehensive view of the dynamic cloud adoption landscape in the financial services sector, focusing on key aspects such as cloud strategy, governance, regulation, and data. Drawing from insights derived from Reply’s execution of over 1,200 cloud projects and interviews with senior industry leaders, it presents a comparative analysis of the transformative changes, challenges, and opportunities in financial institutions’ journeys to the cloud. The survey results from financial institutions also reveal a different perspective on machine learning, with 27% confirming that they do not use cloud-based machine learning capabilities, while 34% and 16% report of a limited and moderate usage, respectively.