Innovations in Cloud Computing for Financial Services
Keywords:
Human–AI co-creation, Cloud Computing, Financial Services, Innovation, Security, BlockchainAbstract
Currently, cloud computing has become a key technology in the financial
services industry, offering transformative advantages that surpass traditional IT
infrastructures. By providing flexible access to computing resources, cloud computing
enables financial institutions to significantly reduce operational costs in a more
efficient and time-saving manner, while enhancing interaction with customers.
However, data security, privacy concerns, and risks associated with vendor lock-ins
and regulatory compliance remain significant challenges. This paper provides a
comprehensive review of the benefits, challenges, and opportunities of cloud
computing in financial services and proposes directions for future research,
emphasizing the need for continuous adaptation to technological advancements and
the evolving regulatory landscape.
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