For financial firms, the cloud is going to increasingly become a crucial part of dealing with customers over the next five years and beyond, particularly with the growing use and acceptance of virtual currencies. There are new data storage paradigms on the horizon that will deliver secure solutions for storing and moving sensitive financial data around the world without touching terrestrial networks.
In his session at 20th Cloud Expo, Cliff Beek, President of Cloud Constellation Corporation, discussed new best practices to bypass the internet and the many applications for this technology, including the financial sector, which is notoriously vulnerable to attack.