In this course, you will learn the fundamental concepts of cloud computing and how a cloud strategy can help companies in the financial services industries (FSI) meet business objectives. It explores the advantages and possibilities of cloud computing in banking, insurance, capital markets, payments, and financial technology. The course addresses concepts such as security, fraud detection, analytics, and compliance to help facilitate discussions with line of business (LOB) professionals, information technology (IT) leaders, and executives
• Course level: Fundamental
• Duration: 2 hours
Activities
This course includes presentations, case studies, and knowledge checks.
Course objectives
In this course, you will learn to:
• Explain the role of information technology (IT) in an organization for business transformation
• Explain the customer value proposition for using the cloud in the financial services industry (FSI)
• Define key characteristics of cloud computing
• Explain the cloud business model
• Identify key FSI security practices of cloud computing
• Frame the cloud business value using the Cloud Value Framework
Intended audience
This course is intended for:
• Line of business (LOB) owners, information technology (IT) leaders, and executives
Prerequisites
We recommend that attendees of this course have:
• No prior IT experience or cloud experience is required.
 
Course outline
Module 1: Course Introduction
Module 2: Role of IT for Business Transformation
• Role of IT in an organization for business transformation
• Brief history of IT
• Legacy approach to IT
• What drives customers to move from traditional infrastructure to the cloud
Module 3: Customer Value Proposition for FIS
• The customer value proposition
• Identify who is using cloud computing
• Industry trends
• Customer examples
Module 4: Introduction to Cloud Computing
• Define cloud computing
• Key characteristics of cloud technology
• The cloud business model
• Key FIS security practices within the cloud
Module 5: Cloud Value Framework
• Introduction to the Cloud Value Framework
• Cost Savings
• Staff Productivity
• Operational Resilience
• Business Agility
