As institutions in the financial services industry combine innovative digital banking applications with big data and Machine Learning (ML), cloud strategy decisions become more complex. Deciding on whether to host application and data workloads in a private or public cloud requires a balance between latency sensitivity, bandwidth capacity, resiliency, security, and cost. That’s why many financial services institutions are evolving towards a hybrid, multi-cloud environment utilizing private data centers, co-location facilities, and public cloud providers.
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