Covid and the cloud: a turning point for central banks?

As central banks embrace new technology, providers are jostling to be first in line

cloud technology - Getty - web.jpg

The Covid-19 pandemic represents a turning point for many aspects of business and society. One of the clearest examples is the rapid adoption of new technology. From the need for more agile virtual communication to the demand for accurate, real-time data, central banks have been pushed to rethink their use of one technology in particular: the cloud.

“In recent years, we’ve seen financial organisations rapidly adopt cloud technologies to boost innovation, unlock value and drive efficiencies

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