VIDEO | A lot of fantastic stories can be told about solutions that build on cloud architectures. But one question will always go back to the human: What should I use it for? With PostTrade 360° Stockholm on Wednesday, SEB’s Head of R&D and Transformation Martina Wallenberg shared her advice on how to approach cloud-environment capabilities from a business point of view.
The session was sponsored by SEB.
“What cloud allows us to do is setting up and tearing down much faster,” said Martina Wallenberg. “We quicken the ‘fail-learn’ cycle.”
Interviewed on stage by Niklas Nyberg, SEB’s Head of Institutional Global Custody, she pointed to the importance of entering any cloud ambitions with a clear view of the business purpose. With a vague goal, cloud architectures in themselves don’t do much. But as an enabler for quicker innovation, it can make a radical difference.
As banks and many institutional clients are re-establishing themselves on cloud architectures, a new world of service capabilities opens. Real-time data sharing between financial institutions, for example, is already producing concrete benefits. The session looked into how SEB’s Investor Services is exploring new ways of working – to future-proof its IT and make its service development faster and better.
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