As banks target core systems for cloud migration, difficulty sourcing cloud talent is a major risk factor, Accenture’s annual banking cloud report found.
Banks perceive core migration as high-risk for several reasons, the report said, including “a lack of staff with cloud expertise to manage these core functions and the difficulty of recruiting the required skills in the current environment.”
Public cloud adoption represents both a security upgrade and a risk factor — a paradox reflected in the banking industry’s mixture of enthusiasm and reticence toward cloud adoption.
