Proceedings of the 2017 2nd International Conference on Politics, Economics and Law (ICPEL 2017)

Application of Cloud Computing in Banking: Advantages and Challenges

Authors
Gujun Yan
Corresponding Author
Gujun Yan
Available Online July 2017.
DOI
10.2991/icpel-17.2017.8How to use a DOI?
Keywords
cloud computing, cloud service provider, banks, information security
Abstract

Cloud computing technology will bring to banks such advantages as cost savings, enhanced data processing capacity and improved quality of financial services. To further promote the application of cloud computing in the banking industry, the first and foremost task is to solve the security problem. Judging from the commercial banks, cloud computing should be applied step-by-step, gradually moving from the peripheral business to the core business. For large banks, to build their own private cloud is the appropriate way into the financial cloud. For small banks, using the cloud service provider's public financial cloud can quickly support the development of their business, and effectively bridge the information divide.

Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

Volume Title
Proceedings of the 2017 2nd International Conference on Politics, Economics and Law (ICPEL 2017)
Series
Advances in Economics, Business and Management Research
Publication Date
July 2017
ISBN
978-94-6252-379-1
ISSN
2352-5428
DOI
10.2991/icpel-17.2017.8How to use a DOI?
Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Gujun Yan
PY  - 2017/07
DA  - 2017/07
TI  - Application of Cloud Computing in Banking: Advantages and Challenges
BT  - Proceedings of the 2017 2nd International Conference on Politics, Economics and Law (ICPEL 2017)
PB  - Atlantis Press
SP  - 29
EP  - 32
SN  - 2352-5428
UR  - https://doi.org/10.2991/icpel-17.2017.8
DO  - 10.2991/icpel-17.2017.8
ID  - Yan2017/07
ER  -