1. Increasing demand for cost-effective and efficient financial management solutions
2. Adoption of cloud technology by financial institutions to enhance security and compliance
3. Rising need for real-time data analysis and reporting in the finance industry
4. Growing trend of digital transformation and automation in finance processes
Industry
Report Coverage | Details |
---|---|
Segments Covered | Type, Deployment, Application |
Regions Covered | • North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA) |
Company Profiled | Finastra, SAP SE, Temenos Group AG, Capgemini SE, NCR Corp, Acumatica, Sage Intacct, SAP, Cisco Systems, Microsoft, IBM, Unit4, Oracle, NEC Corp, and VMware |
1. Concerns regarding data security and privacy in the cloud
2. Resistance to change and legacy systems in traditional financial institutions
3. Regulatory challenges and compliance issues in the finance cloud market