Having the ability to distribute business processes via the cloud can help credit unions become more efficient. However, misunderstanding the cloud's risks, regulatory oversight and proper control mechanisms can lead to serious consequences.
A cloud computing platform − a network of servers hosted internally, through a third-party provider or via a hybrid of both – allows credit unions to move technology to affordable solutions. It alleviates struggles related to purchasing, developing and maintaining an internal technology infrastructure.
The cloud, however, does not remove all hazards.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
