Regional banks, credit unions, domestic home lending, wealth management and insurance firms are under pressure to transform — not only to keep pace with rapid regulatory changes but to differentiate in an increasingly crowded market. Public cloud platforms, particularly in the form of hyperscalers (e.g., Amazon Web Services (AWS), Microsoft® Azure®, Google Cloud) have helped them tackle some of these challenges, but not all.
This report explores how an AI-infused hybrid cloud can help regional banks, credit unions, domestic home lending, wealth management and insurance firms combine the advantages of a modern private cloud with the pay-as-you-go flexibility of the public cloud to refashion their operations. This creates a solid foundation for achieving measurable returns on financial institutions digital transformation efforts.