Client Success Team
Why the Finance Industry is Modernizing on the Cloud
For financial institutions (FIs) leveraging the cloud, the earliest adoption was often the high-performance computing grid to support complex modelling. Gone were the days when limited capacity of on-premises mainframes meant that quants or actuaries had to wait for the compute resources they needed to run their models - Across workloads, the cloud allows businesses to immediately scale up compute resources at peak times and scale down when demand dips, paying only for what