Mr. Vijay Adari

How Cloud Computing is Facilitating Interoperability in Banking and Finance

Abstract:

 

This comprehensive article examines the transformative role of cloud computing in enabling interoperability within the banking and financial services sector. The article explores how cloud technologies revolutionize banking by facilitating unprecedented integration, efficiency, and innovation across systems. Through analysis of recent industry research and empirical data, the article investigates key aspects, including implementation benefits, operational improvements, and critical challenges. The findings demonstrate that cloud-enabled interoperability has become a strategic imperative for financial institutions, driving enhanced customer experiences, operational efficiencies, and innovative capabilities. The article also addresses significant security, compliance, and legacy system integration considerations, providing insights into how financial institutions can navigate these challenges while leveraging cloud technologies for competitive advantage in an increasingly digital banking ecosystem. 

Keywords: Cloud-Enabled Interoperability, Banking Digital Transformation, Financial Technology Security, Legacy System Integration, Cloud Banking Innovation

 

My profile: 

I am a Technical Project Manager at Cognizant Technologies Solutions, USA with over 17 years of experience in ETL, Business Intelligence, and cloud technologies. I specialize in leading data solutions for Banking,financial and healthcare clients, with expertise in tools like Informatica, Power BI, and AWS. My focus is on delivering scalable, high-impact projects while ensuring data quality and compliance.

 

Over the last decade, I have demonstrated significant performance in Cloud Technologies, with a particular focus on Data Analytics, Data Migration, and Modernization. My career reflects a series of successful large-scale cloud migration and data modernization projects that have transformed technology infrastructures for several leading organizations, driving both efficiency and substantial financial impact.