Cloud Migration

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Migrating financial software to cloud computing can provide financial organizations with greater scalability, cost savings, accessibility, security, and innovation, making it an attractive option for many organizations. However, it's important to carefully evaluate the benefits and risks of cloud computing before making a decision to migrate. 

This course covers the costs/benefits of cloud computing as well as the design of and implementation to a cloud or hybrid-cloud framework. It is created and presented by experienced front-office banking professionals that have migrated banking systems and know, in depth, the issues and considerations needed for such a decision.

This course is run in partnership with Cirrustra

Migration from existing in-house compute hardware to cloud-compute is an important decision. Before doing so, it is essential to have fully considered

• Scalability: Cloud computing allows financial organizations to quickly and easily scale their software to meet changing business needs. This is particularly important for financial organizations that experience fluctuations in demand, such as during peak trading periods or burst regulatory needs.
• Cost savings: Cloud computing can often be more cost-effective than on-premise infrastructure, as it eliminates the need for upfront capital investments in hardware and reduces ongoing maintenance costs. The scope and whether fully or hybrid cloud has a considerable impact.
• Accessibility: Cloud computing allows financial organizations to access their software from anywhere with an internet connection, which can enable remote work and collaboration.
• Security and compliance: Cloud computing providers can have robust security and compliance measures in place to protect financial data. What level of security and up-time is subject to both regulatory restrictions, corporate appetite and system/data design.
• Innovation: Cloud computing providers often offer a range of innovative services and tools that can enable financial organizations to innovate and experiment with new products and services.

•  Introduction to cloud computing: This provides an overview of cloud computing, including the different types of cloud deployment models (public, private, hybrid) and service models (Infrastructure as a Service, Platform as a Service, Software as a Service).
• Cloud architecture and design principles: This section covers the key design principles for cloud architecture, including elasticity, scalability, fault tolerance, and security. Participants learn about how these principles apply to financial software migration.
• Cloud deployment and migration strategies: This section covers the different strategies for deploying and migrating financial software to the cloud, including lift-and-shift, re-platforming, and re-architecting. Participants learn about the pros and cons of each strategy, as well as the key considerations for choosing the right strategy.
• Cloud security and compliance: This covers the key security and compliance considerations for financial software in the cloud, including data encryption, access control, and regulatory compliance and up-time guarantees. Participants would learn about how to design and implement a secure and compliant cloud infrastructure for financial software.
• Cloud management and optimization: This section covers the tools and techniques for managing and optimizing financial software in the cloud, including monitoring, logging, and performance optimization. Participants learn about how to leverage cloud-native tools and services to optimize the performance and cost of financial software in the cloud.
• Case studies and best practices: This section covers real-world case studies of financial software migration to the cloud, as well as best practices and lessons learned from successful migrations. Participants learn about how to apply these insights to their own financial software migration projects.

Quant, IT and Risk managers considering or in the process of migrating to cloud compute

Course contents and duration can be modified to align with additional client needs. 

Delivery can be on-site, remote or in recorded form.