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Amazon Looks to Increase Presence in Financial Services Cloud

November 11, 2011 No Comments

SOURCE: Wall Street & Technology

Most big financial services companies have been eager to tout their own private clouds, but only a few have made a large move to public cloud offerings, citing security and compliance concerns. However, Amazon Web Services, the division of Amazon that runs its cloud computing offering, has been making inroads in the highly regulated financial services industry.

Recently, Wall Street & Technology caught up with Adam Selipsky, vice president of AWS, to discuss how financial services companies are approaching public cloud and how firms’ attitudes toward cloud security are shifting.

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