Cloud Transformation in Banking: Enhancing Resilience and Innovation

Published By: Retail Banker International  |  Published On: May 27, 2025

In his latest article for Retail Banker International, Sid Sengupta, Head of BFS&I Practice – Europe at ITC Infotech, explores how cloud transformation is enabling banks to enhance resilience, drive innovation, and meet evolving regulatory demands. The article highlights the role of hybrid cloud models, automation, and elastic infrastructure in modernizing legacy systems and improving customer experiences.

Sid outlines key challenges such as compliance, cybersecurity, and operational efficiency, and illustrates how leading banks are overcoming them through strategic cloud adoption. Real-world examples showcase how automation and AI are helping streamline operations, reduce costs, and build scalable, future-ready banking ecosystems. The article also underscores the role of automation, AI, and data analytics in driving continuous innovation, while balancing security, ethics, and performance. It presents a roadmap for banks to unlock the full potential of cloud—ensuring agility, continuity, and competitive advantage in a dynamic regulatory landscape.

SOURCE

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