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According to McKinsey, 70% of banks are reviewing their core banking platforms and are beginning to leverage the potential that cloud-native services can deliver.

To stay agile and be able to launch new products quickly and cost effectively, banks and payment providers need cloud. It allows traditional players to compete with nimble fintech startups and well-funded financial services firms.

But cloud migration, for any firm, is complex and no two firms will have the same journey. This report explores the key factors for financial institutions in choosing the right cloud services provider and the right technology partner.