A Backstop That's in The Clouds

Adams, John
September 2010
Bank Technology News;Sep2010, Vol. 23 Issue 9, p27
Trade Publication
The article offers information on cloud computing as a beneficial contingency although U.S. firms were hesitated to adopt the said cloud-based continuity due to concerns over added risk or lost control. The Washington state-based Golf Savings Bank had placed business continuity in a private cloud managed by Azaleos Corp. for email, collaboration and loan origination functions. Meanwhile, Umpqua Bank had also moved its test environments to a private cloud which was managed by the bank itself.


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