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. https://cloud.report/Resources/Whitepapers/2de7b755-ce13-4fe9-9589-56e1cae6a2ff_hitachi-consulting-risk-in-the-cloud-wp.pdf
whitepaper
RISK IN THE CLOUD
Cloud-based risk processing has become increasingly attractive for banks. The immediate appeal is not having to constantly add “on-premises” compute and storage, instead using on-demand infrastructure. Beyond “going faster for less,” the strategic advantage of knowing your exposure before anyone else can provide a significant competitive advantage to your traders and risk managers. Cloud-based risk processing has become increasingly attractive for banks. The immediate appeal is not having to constantly add on-premises compute and storage, instead using on-demand infrastructure to achieve better business outcomes. Beyond “going faster for less,” moving risk to the cloud also gives you an opportunity re-architect risk, pricing and profit-and-loss solutions. In addition, applying analytics and Artificial Intelligence (AI) to risk data sets in the cloud can provide a competitive advantage. DOWNLOAD