Banks and financial services firms are having to face up to the challenges of regulatory compliance, competition and customer demand against a backdrop of legacy technologies, talent shortages and a global race to hit net-zero targets. As they look to shore up their infrastructure to deal with these issues, could cloud technology provide the solution?

Finance firms and bank chiefs are examining how to meet regulatory and customer demands while hitting sustainability and green infrastructure targets and are exploring what role cloud infrastructure could play in providing access to low carbon technology. In particular, they are examining how they can adhere to new sustainability disclosure requirements and guidelines that are coming into force, such as the Task Force on Climate-related Financial Disclosures (TCFD), and are considering whether hyperscale data centres provide the efficiency gains that are needed in the pursuit of net zero. Keen to move from the traditional over-provisioning models of legacy banking systems that rely on higher utilisation rates of physical servers, they are looking at whether dynamic provisioning delivered via cloud infrastructure could help them cut their carbon footprint. Plus, they are looking at how resource sharing can help them reduce energy consumption and physical server deployment sizes, thereby helping them hit sustainability targets.

This webinar, hosted by the Financial Times in partnership with Infosys, will explore how banks and financial services firms can accelerate their deployment of cloud technology to deliver on sustainability and net-zero goals. It will also examine how to roll out green cloud computing against a backdrop of unique sectoral challenges including regulatory obstacles, legacy shackles and talent shortages

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