FinTech Trends Newsletter Week 13th-17th March 2017
What Does the Cloud mean to Finance ?
I’m going to explore how the Cloud can support and transform business from a Finance perspective.
How to consider ROI for moving to IaaS and PaaS

Cloud is proving to be a driver for reducing cost, especial- ly around Infrastructure as a Service (IaaS) . Cloud offers organisations of all sizes, like Asset Managers and Hedge Funds, to be more adaptable while at the same time reducing costs in Hardware, Facilities (Real Estate) & Utilities. Total Cost of Ownership (TCO) is a underlying benefit with the opportunity to drive ROI in migrating your hardware to the Cloud. There are a magnitude of ways to measure ROI, however a simple way to consider ROI for IaaS uses the following flat ROI% calculation.
Platform as a Service (PaaS) is an enabler for organisations to save considerable time on IT administration, testing and development and other server relat- ed tasks and creates a compelling cost reduction story.
However when it comes to Cloud…..that’s only part of the story. Cloud offers the chance for all enterprises to bring down the barriers to entry and disrupt markets like never before. When the Cloud starts to drive new com mercial revenues, you are in new territory in terms of value, therefore moving to the Cloud can offer more than just cost reduction benefits – it’s about value realisation across your business.

The Cloud enables faster entry to market by bringing down traditional barriers, something Storm IT Financial saw & adopted very early on. Implementing new applications can be done quickly…and only pay for what you use. This means there is no significant outlay in Capital for capacity requirements that sitidle until fully utilised, like traditional servers. Innovation is a necessity in business and PaaS is an enabler. The ability to store and combine your data using advanced analytics such as Machine Learning to gain in- sights could mean better intelligence on customer buying behaviour, better insights on customer churn or simply the ability to drive insights from having all your data in one place. When you start to factor customer satisfaction or improved top line performance in your ROI calculations, put very simply, value really takes off.
Disrupt or be disrupted. Find out more about the Storm Private Cloud™ & what it can do for you & your business.
Storm IT Financial FinTech News & Trends picks: Week 13th Mar – 17th Mar 2017
SocGen Taps Microsoft for Cloud as Banks Target Costs
French bank aims to start moving data to public clouds by June 2017:
Instant File Recovery from Azure Linux VM backup using Azure Backup
Restore files instantly from the Azure Recovery Services Vault:
Bill Gates to meet with President Trump again to discuss the power of innovation
Bill Gates will meet with President Trump again on Monday:
http://www.geekwire.com/2017/bill-gates-meet-president-trump-heres-agenda/
SAP & Google Cloud Announce Partnership
Google announce partnership with SAP at the Cloud Next conference:
https://solutionsreview.com/cloud-platforms/sap-google-cloud-announce-partnership/
Transferwise, the fintech startup, is partnering with another new fi- nance startup, Starling Bank
Money transfer service will be integrated into the app:
http://www.cityam.com/260960/transferwise-partners-starling-bank-ahead-digital
Google gets Colgate, Verizon, HSBC on board – a customer step up for enterprise cloud
Google wheels out HSBC onto the stage:
Convergex’s Westminster Research Associates Teams With Commcise For MiFID II Research Solution
Convergex’s WRA has inked an agreement with Commcise for a technology-based end-to-end solution that delivers compliance with upcoming MiFID II:
http://www.finalternatives.com/node/34784
Tech Companies Weigh Responses to WikiLeaks Exposure
Major technology companies, including Microsoft, have been scrambling to assess the risks posed to their cus- tomers by the revelations:
http://www.technewsworld.com/story/Tech-Companies-Weigh-Responses-to-WikiLeaks-Exposure-84367.html
WhatsApp Field-Trials Business Chat
WhatsApp has been conducting tests of a business chat system:
http://www.ecommercetimes.com/story/WhatsApp-Field-Trials-Business-Chat-84370.html
Are you undermining your web security by checking on it with the wrong tools?
Probably yes, warns CERT in HTTPS interception advi- sory:
UK tech entrepreneurs react to 2017 Spring Budget
UK chancellor of the exchequer, delivered the Spring Budget outlining a series of measures impacting UK technology businesses:
http://techcitynews.com/2017/03/08/uk-tech-entrepreneurs-react-2017-spring-budget/
Is Citrix in trouble & searching for a suitor?
Virtualisation and SaaS firm is reportedly in talks with Goldman Sachs:
