CPM Implementation Strategy: Cloud vs. On-Premises

Many institutions today are adopting a “cloud first” strategy when deploying new applications. In this chapter, we will discuss some of the kinds of systems that make up the cloud and how to start thinking about what approach makes sense for your business. One may reasonably ask some of the following questions: “Does this approach work in all cases for all of my applications?” “What are the security and infrastructure considerations faced when deciding how to implement a new system or product?” Answering these questions will be key to helping you set a strategy for your future application placement and your financial institution’s evolution in the era of the cloud. Our goal in this chapter is to help you understand what the cloud means, how APAC companies are taking advantage of its benefits, and to also outline some of the key questions you will need to ask yourself as you plan this journey.

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