Cloud insurance uptake set to increase in light of FCA consultation

Cloud computing circuit

A Financial Conduct Authority consultation giving guidance to financial services firms outsourcing to the cloud should result in more insurance industry players using the technology, commentators predict.

The FCA released its consultation paper on 12 November and said there is no "fundamental reason" why cloud computing cannot be used by financial services companies in a manner that complies with its

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Q&A: Simon Axon, Teradata

Simon Axon, global financial services industry director at Teradata, explains how general insurance providers are lagging behind banks in making the most of their data and why Amazon’s style of operating should inspire boards to back investment in digital transformation.

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