{"id":54123,"date":"2023-03-07T07:28:56","date_gmt":"2023-03-07T15:28:56","guid":{"rendered":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/?p=54123"},"modified":"2024-09-30T23:26:27","modified_gmt":"2024-10-01T06:26:27","slug":"cloud-migration-financial-services","status":"publish","type":"post","link":"\/us\/en\/blog\/cloud-migration-financial-services\/","title":{"rendered":"Cloud migration for financial services: 5 benefits of making the switch"},"content":{"rendered":"<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/cloud-migration-guide\/\">Cloud migration<\/a> in financial services has been a major topic of conversation over the last several years, as companies have rapidly shifted from on-premise to cloud-based digital solutions. According to <\/span><span style=\"font-weight: 400;\">LogicMonitor\u2019s Cloud 2025 survey<\/span><span style=\"font-weight: 400;\">, 74% of global IT decision-makers believe that 95% of all workloads will be in the cloud by 2025.<a href=\"#footnote1\"><sup>1<\/sup><\/a><\/span><\/p>\n<p><span style=\"font-weight: 400;\">Cloud communications systems, in particular, garner attention in financial services as firms strive to optimize innovation and productivity with a hybrid workforce and increasing customer expectations.<\/span><\/p>\n<p>Today, we&#8217;ll cover:<\/p>\n<ul>\n<li><a href=\"#one\">Why are financial institutions moving to the cloud?<\/a><\/li>\n<li><a href=\"#two\">5 benefits of cloud migration for financial services<\/a><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\"><a id=\"one\"><\/a>Why are financial institutions moving to the cloud?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\"><\/p>\n<div class=\"quote-text-break-point\">\n<p class=\"qute-text\"><\/span>\u201cAt a time of economic uncertainty, banks and credit unions have to split their attention between innovating to counter the downturn and increasing\u00a0operational resilience. In many cases, this needs to occur with the headwinds of cutting back on budgets and head counts, the increasing frequency of disruptive events, the emergence of new technologies, and the increasing of\u00a0customer expectations.\u201d <span style=\"font-weight: 400;\"><\/p>\n<p class=\"quote-text-author\">\u2014Jim Marous, CEO of Digital Banking Report<\/p>\n<\/p><\/div>\n<p>\t<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Several catalysts have radically accelerated the financial services move to the cloud, as part of a broader <a href=\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/what-is-digital-transformation\/\">digital transformation<\/a>. The global pandemic led to a geographically dispersed workforce, with employees who needed digital connectivity. It also created a more digitally inclined customer market.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Throughout 2022, rising inflation led to interest rate hikes, which can be good for some financial institutions (banks and credit unions) and tough for others (mortgage lenders). But uncertain economic conditions combined with higher borrowing costs create more risks for businesses.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In response, financial services organizations are showing increased interest in the use of advanced technologies to optimize <a href=\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/customer-engagement-strategies-financial-services\/\">customer experience<\/a>, improve risk management, and increase operational efficiency everywhere they can.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even as they have <a href=\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/better-roi-for-it-projects\/\">reduced IT budgets<\/a>, financial services organizations are investing in cloud technologies as a way to increase agility and future-proof their organizations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><\/p>\n<div class=\"rc-post-content-cta rc-post-content-cta_green\">\n<div class=\"rc-post-content-cta-columns\">\n<div class=\"bottom-cta-img\">\n\t\t\t\t<img decoding=\"async\" width=\"930\" height=\"700\" src=\"\/us\/en\/blog\/wp-content\/uploads\/2023\/02\/surry-county_blog.png\" class=\"responsive-image\" alt=\"\" \/>\t\t\t<\/div>\n<div class=\"bottom-cta-copy\">\n<div class=\"headline-copy\" style=\"text-align:left;\">Financial services trends to watch in 2023<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"rc-post-content-cta-footer\">\n<div class=\"bottom-cta-logo-container\">\n<div class=\"bottom-cta-logo\"><span aria-hidden=\"true\"><svg width=\"154\" height=\"34\" viewBox=\"0 0 154 34\" fill=\"#000\" role=\"img\" aria-labelledby=\"cta-ring-logo-917838590\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n\t\t\t\t\t\t\t<title id=\"cta-ring-logo-917838590\">Ring Central Logo<\/title>\t\n\t\t\t\t\t\t\t<path d=\"M154 3.89618H150.386V26.9657H154V3.89618Z\" \/>\n\t\t\t\t\t\t\t<path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M141.313 11.6299C137.976 11.6299 135.388 13.2501 134.95 16.5546H138.504C138.754 15.3082 139.675 14.5591 141.313 14.5591C143.214 14.5591 144.086 15.6499 144.086 17.3647V18.1444H140.438C137.078 18.1444 134.593 19.6411 134.593 22.697C134.593 25.7529 136.619 27.3411 139.55 27.3411C141.826 27.3411 143.323 26.3721 144.133 24.8145H144.288V26.9529H147.716V17.4802C147.702 13.8276 145.833 11.6299 141.313 11.6299ZM140.58 24.5675C139.177 24.5675 138.303 23.8809 138.303 22.7339C138.303 21.4233 139.238 20.7383 140.921 20.7383H144.069L144.086 20.9549C144.088 23.2232 142.777 24.5675 140.58 24.5675Z\" \/>\n\t\t\t\t\t\t\t<path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M128.187 26.9657V19.2047C128.187 16.8979 129.623 15.4317 131.896 15.4317H133.321V12.0036H131.854C130.14 12.0036 128.893 12.6581 128.114 14.1243H127.988V12.0036H124.591V26.9753L128.187 26.9657Z\" \/>\n\t\t\t\t\t\t\t<path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M122.295 23.6627V26.9657H119.833C116.371 26.9657 114.47 25.3615 114.47 21.8997V14.9729H112.008V12.0036H114.47V8.03009H118.088V12.002H122.295V14.9713H118.088V21.4794C118.088 22.851 118.898 23.6611 120.269 23.6611H122.295V23.6627Z\" \/>\n\t\t\t\t\t\t\t<path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M100.161 26.9657V18.3C100.161 16.1793 101.472 14.7917 103.589 14.7917C105.615 14.7917 106.831 15.9627 106.831 18.2535V26.9657H110.452V17.6776C110.452 13.9046 108.618 11.6299 104.872 11.6299C102.593 11.6299 100.851 12.6565 100.073 14.0586H99.9444V12.0036H96.5548V26.9753L100.161 26.9657Z\" \/>\n\t\t\t\t\t\t\t<path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M86.8688 24.3814C84.5925 24.3814 83.0638 22.8542 83.0028 20.4528H94.0699L94.0539 19.2833C94.0539 14.2655 90.8119 11.6443 86.8512 11.6443C82.5729 11.6443 79.448 14.7002 79.448 19.4999C79.448 24.2996 82.3483 27.3555 86.8512 27.3555C90.6226 27.3555 93.085 25.3599 93.802 22.4291H90.2986C89.9103 23.5536 88.9559 24.3814 86.8688 24.3814ZM86.8544 14.6377C89.2222 14.6377 90.6258 15.9787 90.7204 17.8492H82.99C83.3317 15.9483 84.4834 14.6377 86.8544 14.6377Z\" \/>\n\t\t\t\t\t\t\t<path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M68.631 27.3732C74.0243 27.3732 77.0802 24.3814 77.7973 19.9395H74.1301C73.5863 21.9655 72.1105 23.836 68.6294 23.836C65.0457 23.836 62.1759 21.3912 62.1759 16.0413C62.1759 10.6914 65.0457 8.2531 68.6294 8.2531C72.2132 8.2531 73.6505 10.1236 74.1301 12.1191H77.7973C77.2037 7.6756 74.1943 4.7865 68.631 4.7865C62.6459 4.7865 58.313 8.96375 58.313 16.0927C58.313 23.2216 62.6459 27.3988 68.631 27.3988V27.3732Z\" \/>\n\t\t\t\t\t\t\t<path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M52.437 12.0036V14.0569H52.2654C51.4553 12.6244 49.7725 11.6282 47.3759 11.6282C43.8676 11.6282 40.7057 14.4034 40.7057 19.2978C40.7057 24.1921 43.8226 26.9978 47.3759 26.9978C49.6827 26.9978 51.043 26.0593 52.0841 24.4712H52.2493V27.625C52.2493 29.3078 51.3141 30.0874 49.7869 30.0874H42.4543V33.3085H49.718C53.7396 33.3085 55.8908 31.0627 55.8908 27.3844V12.0036H52.437ZM48.3689 23.7237C45.9674 23.7237 44.4402 22.2302 44.4402 19.2994C44.4402 16.3685 45.953 14.8719 48.3689 14.8719C50.7061 14.8719 52.2654 16.3653 52.2654 19.2994C52.2654 22.2334 50.7222 23.7237 48.3689 23.7237Z\" \/>\n\t\t\t\t\t\t\t<path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M28.2125 26.9657V18.3C28.2125 16.1793 29.5231 14.7917 31.6438 14.7917C33.6698 14.7917 34.8858 15.9627 34.8858 18.2535V26.9657H38.5V17.6776C38.5 13.9046 36.6664 11.6299 32.9207 11.6299C30.6444 11.6299 28.8846 12.6565 28.105 14.0586H27.9799V12.0036H24.5967V26.9753L28.2125 26.9657Z\" \/>\n\t\t\t\t\t\t\t<path d=\"M21.5423 12.0036H17.9282V26.9673H21.5423V12.0036Z\" \/>\n\t\t\t\t\t\t\t<path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M11.6302 16.6477V16.5017C13.8424 15.8905 15.339 14.4051 15.339 11.0684C15.339 7.64031 12.782 5.14423 8.04169 5.14423H0V26.9657H3.73931V18.3H8.29354C10.4143 18.3 11.4746 19.3604 11.4746 21.4811V26.9817H15.2139V21.4811C15.2139 18.3946 13.9033 17.1482 11.6302 16.6477ZM7.84117 14.9329H3.73931V8.51618H7.83956C9.86562 8.51618 11.4233 9.35998 11.4233 11.7277C11.4233 14.0955 9.85119 14.9329 7.84117 14.9329Z\" \/>\n\t\t\t\t\t\t\t<path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M19.7329 9.60219C20.2077 9.60219 20.6729 9.46262 21.0676 9.19794C21.4638 8.93485 21.7718 8.55948 21.9531 8.11994C22.1359 7.68039 22.1824 7.19754 22.091 6.73233C21.998 6.26552 21.7702 5.83721 21.4333 5.50194C21.0964 5.16506 20.6697 4.93727 20.2029 4.84423C19.7361 4.75119 19.2532 4.79931 18.8153 4.98219C18.3758 5.16506 18.002 5.47306 17.7373 5.86769C17.4742 6.26231 17.333 6.72752 17.3347 7.20235C17.3298 7.67879 17.4694 8.144 17.7325 8.54023C17.9956 8.93646 18.3726 9.24446 18.8137 9.42412C19.1041 9.54604 19.4169 9.6054 19.7329 9.60219Z\" \/>\n\t\t\t\t\t\t\t<path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M16.9769 0.548269C16.101 0.914019 15.307 1.44981 14.6364 2.12196L16.332 3.81756C16.7764 3.37 17.3041 3.01548 17.8865 2.77325C18.4688 2.53102 19.0928 2.40429 19.7232 2.40269C20.3537 2.40108 20.9777 2.523 21.5616 2.76362C22.1439 3.00264 22.6749 3.35556 23.1225 3.79991L24.8181 2.10431C23.8106 1.1001 22.5289 0.415123 21.1333 0.139206C19.7377 -0.139919 18.2907 0.00285184 16.9769 0.548269Z\" \/>\n\t\t\t\t\t\t<\/svg><\/span><\/div>\n<\/p><\/div>\n<div class=\"bottom-cta-link\">\n\t\t\t\t<a href=\"https:\/\/www.ringcentral.com\/us\/en\/blog\/financial-services-trends-2023\/\" class=\"view-all view-all-white \" data-dl-name=\"Read the blog\" data-dl-element=\"button\" data-dl-additional-info=\"bottom cta banner\" data-no-auto-dl=\"true\">Read the blog<span class=\"svg-icon\" aria-hidden=\"true\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"#000\" role=\"img\" aria-labelledby=\"cta-ring-arrow-917838590\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n\t\t\t\t\t<title id=\"cta-ring-arrow-917838590\">Ring Central Logo<\/title>\t\n\t\t\t\t\t<path d=\"M0 11.5C0 11.2239 0.223858 11 0.5 11H21.6797C21.9559 11 22.1797 11.2239 22.1797 11.5V12.5C22.1797 12.7761 21.9559 13 21.6797 13H0.5C0.223858 13 0 12.7761 0 12.5V11.5Z\" ><\/path>\n\t\t\t\t\t<path fill-rule=\"evenodd\" clip-rule=\"evenodd\" d=\"M21.1718 12.0001L15.8086 6.63691C15.6134 6.44165 15.6134 6.12506 15.8086 5.9298L16.5157 5.22269C16.711 5.02743 17.0276 5.02743 17.2228 5.22269L23.6467 11.6465C23.8419 11.8418 23.8419 12.1584 23.6467 12.3536L17.2228 18.7775C17.0276 18.9727 16.711 18.9727 16.5157 18.7775L15.8086 18.0704C15.6134 17.8751 15.6134 17.5585 15.8086 17.3633L21.1718 12.0001Z\" ><\/path>\n\t\t\t\t<\/svg><\/span><\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>\t<\/span><\/p>\n<h2><span style=\"font-weight: 400;\"><a id=\"two\"><\/a>5 benefits of cloud migration for financial services<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Relative to on-premise tech systems, cloud solutions enable:<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">1. Increased productivity\u00a0<\/span><\/h3>\n<p><span style=\"font-weight: 400;\"><\/p>\n<div class=\"quote-text-break-point\">\n<p class=\"qute-text\"><\/span>\u201c<span style=\"font-weight: 400;\">The bottom line is that a digital transformation without an all-in-one unified communications solution is incomplete and inefficient. Unified communications as a service (UCaaS) is central to optimized communication for a remote and hybrid workforce, and it also provides the foundation for engaging customers seamlessly on all popular digital communication channels.<\/span>\u201d <span style=\"font-weight: 400;\"><\/p>\n<p class=\"quote-text-author\">\u2014Matthew Lehman, Industry Principal for Financial Services at RingCentral<\/p>\n<\/p><\/div>\n<p><\/span><span style=\"font-weight: 400;\">With UCaaS, employee productivity receives a major boost. Agents can easily shift interactions with customers from one channel to the next. It is also easy for dispersed work teams to hold planned and spontaneous meetings for collaboration.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition to spurring product &amp; service innovation and <a href=\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/5-tips-and-tools-to-improve-financial-and-employee-productivity-in-2023\/\">employee productivity<\/a> gains, in-house management requirements and IT costs remain low with <a href=\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/2023-analyst-predictions-ucaas-ccaas\/\">UCaaS<\/a>. An organization\u2019s physical footprint can be greatly reduced due to less demand for hardware and on-premise system infrastructure.\u00a0<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">2. Improved customer and employee experiences<\/span><\/h3>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-49892\" src=\"\/us\/en\/blog\/wp-content\/uploads\/2021\/11\/collections-strategy.png\" alt=\"\" width=\"1382\" height=\"922\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Financial services has always been a competitive industry, but it has become even more so with the rise of <a href=\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/why-digital-ux-is-essential-for-modern-banking\/\">fintech<\/a>. More competition puts greater emphasis on the need for optimized customer and employee experiences. Attracting and retaining customers is critical to sustained revenue and profits, especially in a tough economic environment. Retaining talented employees is necessary to ensure an optimized customer experience.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite of the focus on cost controls, organizations continue to invest in transformative tech solutions, including:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Cloud systems: <\/b><span style=\"font-weight: 400;\">Cloud systems provide real-time data, analytics, and access to communication tools that enable a seamless <a href=\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/what-is-omnichannel-customer-support\/\">omnichannel customer experience<\/a> and give employees key flexibility.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Automation: <\/b><span style=\"font-weight: 400;\">To do more with less, automation of manual processes is a key component of cost efficiency and employee productivity.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Solution integrations with APIs: <\/b><span style=\"font-weight: 400;\">\u00a0<\/span><span style=\"font-weight: 400;\">APIs are the connective tissue across financial ecosystems. They allow companies to monetize data, provide valuable financial product and solution partnerships, and enable rich customer experiences across all channels.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">As an industry, financial services added many tech tools from 2020-2023, including some of the <a href=\"https:\/\/www.cubesoftware.com\/blog\/best-fpa-software-tools\">best FP&amp;A software<\/a>, and this trend is going to continue in 2024. The objectives are to standardize common business processes and simplify for ease and efficiency.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">3. Harnessing the power of artificial intelligence<\/span><\/h3>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-54124\" src=\"\/us\/en\/blog\/wp-content\/uploads\/2023\/03\/Screen-Shot-2023-03-02-at-1.56.30-PM.png\" alt=\"Cloud migration for financial services: Accenture statistics of improved productivity\" width=\"1142\" height=\"1298\" \/><\/p>\n<p><span style=\"font-weight: 400;\">According to a <\/span><span style=\"font-weight: 400;\">recent Accenture report<\/span><span style=\"font-weight: 400;\">, <a href=\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/conversational-ai-conversation-intelligence\/\">artificial intelligence (AI)<\/a> will boost the profitability of global firms 38 percent by 2035.<a href=\"#footnote2\"><sup>2<\/sup><\/a> Financial services is among the industries noted as being most impacted by AI efficiency gains. Using the metric Gross Value Added to determine economic influence, Accenture stated that <\/span><b>financial services will see a 4.3-percent AI-driven growth rate through 2035<\/b><span style=\"font-weight: 400;\">. This rate is third among all sectors studied, only behind information and communication at 4.7 percent and manufacturing and 4.4 percent. <\/span><b>The growth in communication and financial services are closely linked.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Accenture also evaluated the boost to productivity for companies that leverage artificial intelligence. By 2035, companies in the United States will experience a 35-percent higher level of productivity than those that do not. Similar rates of impact are identified across all developed countries that have the necessary technology infrastructure. These productivity boosts are not only beneficial to employers, but support the ability of workers to maximize their talents.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The role of AI is amplified, with a major push from conceptual AI toward more practical AI. Banks, insurers, and investment firms use AI to gather research, leverage deep learning, and personalize customer experiences efficiently.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">4. Streamlined workflows with integrations and custom APIs<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">As briefly mentioned above, one of the ways digital expansion optimizes cost-efficiencies is through integration opportunities. It is more efficient to combine digital solutions into singular systems than to have each exist in a silo.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As firms consider digital solutions, access to <a href=\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/enterprise-connect-2022-open-apis\/\">open architecture and communication APIs<\/a> is important. An open architecture gives the greatest flexibility for firms to use digital solutions in the best ways to fit their strategies and existing infrastructure. UCaaS solutions that leverage communication APIs to integrate with popular cloud tools allow firms to maximize past investments and open new pathways for innovation and growth.<\/span><\/p>\n<p>For example, <a href=\"https:\/\/www.ringcentral.com\/office\/industry-solutions\/business-communications-for-financial-services.html\">RingCentral<\/a> integrates seamlessly with Salesforce, so your team can make, transfer, and even record calls within the Salesforce app for more streamlined customer management:<\/p>\n<p><iframe sandbox=\"allow-scripts allow-same-origin allow-presentation\" title=\"What is RingCentral for Salesforce?\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/i-GNeEkJxfI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen sandbox=\"allow-same-origin allow-scripts allow-presentation\"><\/iframe><\/p>\n<h3><span style=\"font-weight: 400;\">5. The competitive advantage of <a href=\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/assessing-digital-maturity-for-your-next-gen-cloud-contact-center\/\">digital maturity<\/a><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Deloitte\u2019s Digital Banking Maturity 2022 report<\/span><span style=\"font-weight: 400;\"> highlights the significant advantages digital champions enjoy when compared with other financial services organizations.<a href=\"https:\/\/www2.deloitte.com\/content\/dam\/Deloitte\/br\/Documents\/financial-services\/Deloitte-DBM%202022-global-report.pdf\"><sup>3<\/sup><\/a> As defined by Deloitte, digital champions are those financial services organizations that:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Offer a wide range of functionalities relevant for customers (e.g., omnichannel communications)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Offer a compelling user experience<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Set key digital trends<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Have leading market practices<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Based on that criteria, digital champions develop functionalities that build and expand customer relationships. Communications technology plays a large role in the competitive advantage digital champion organizations have. For example, according to the Deloitte report, when compared with less digitally mature organizations, digital champions offer:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">1.5x the functionality for channel accessibility<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">1.3x the functionality for new user guidance at onboarding<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">1.5x the functionality for customer support<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u00a02.5x the functionality for investment services<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">1.8x the functionality for product cross-sells<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Cloud migration for financial services: Drive optimization and greater productivity for your organization<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Cloud communications are vital for financial services firms seeking innovation and productivity in the midst of restricted budgets. Innovation leads to fewer manual processes, improved accuracy, and better financial decisions. In addition to its cost, flexibility and security advantages, an all-in-one cloud communications system supports the best user experience strategies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/www.ringcentral.com\/office\/industry-solutions\/business-communications-for-financial-services.html\">RingCentral<\/a> is designed to help financial services organizations achieve these objectives. It is a comprehensive, cloud-based communications system that enables seamless, cross-channel interactions. It integrates with many popular applications banks already use and features the most advanced security protocols. <\/span><a href=\"https:\/\/www.ringcentral.com\/view_demo.html?__mscta=2881_95154_3444\"><span style=\"font-weight: 400;\">See how it works<\/span><\/a><span style=\"font-weight: 400;\">!<\/span><\/p>\n<hr \/>\n<p><sup><a id=\"footnote1\"><\/a>1<\/sup><a href=\"https:\/\/www.logicmonitor.com\/resource\/cloud-2025\">https:\/\/www.logicmonitor.com\/resource\/cloud-2025<\/a><\/p>\n<p><sup><a id=\"footnote2\"><\/a>2<\/sup><a href=\"https:\/\/www.accenture.com\/t20170620T055506__w__\/us-en\/_acnmedia\/Accenture\/next-gen-5\/insight-ai-industry-growth\/pdf\/Accenture-AI-Industry-Growth-Full-Report.pdf?la=en\">https:\/\/www.accenture.com\/t20170620T055506__w__\/us-en\/_acnmedia\/Accenture\/next-gen-5\/insight-ai-industry-growth\/pdf\/Accenture-AI-Industry-Growth-Full-Report.pdf?la=en<\/a><\/p>\n<p><sup><a id=\"footnote3\"><\/a>3<\/sup><a href=\"https:\/\/www2.deloitte.com\/content\/dam\/Deloitte\/br\/Documents\/financial-services\/Deloitte-DBM%202022-global-report.pdf\">https:\/\/www2.deloitte.com\/content\/dam\/Deloitte\/br\/Documents\/financial-services\/Deloitte-DBM%202022-global-report.pdf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cloud migration in financial services has been a major topic of conversation over the last several years, as companies have rapidly shifted from on-premise to cloud-based digital solutions. According to LogicMonitor\u2019s Cloud 2025 survey, 74% of global IT decision-makers believe that 95% of all workloads will be in the cloud by 2025.1 Cloud communications systems, &#8230;<\/p>\n","protected":false},"author":1121,"featured_media":54125,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18836,18669],"tags":[],"class_list":["post-54123","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-services","category-verticals"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.3 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cloud migration for financial services: 5 benefits of making the switch<\/title>\n<meta name=\"description\" content=\"Cloud migration is a critical step in financial services maturity. Learn the benefits of migrating and how to get started.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ringcentral.com\/us\/en\/blog\/cloud-migration-financial-services\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cloud migration for financial services: 5 benefits of making the switch\" \/>\n<meta property=\"og:description\" content=\"Cloud migration is a critical step in financial services maturity. Learn the benefits of migrating and how to get started.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ringcentral.com\/us\/en\/blog\/cloud-migration-financial-services\/\" \/>\n<meta property=\"og:site_name\" content=\"RingCentral Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ringcentral\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-07T15:28:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-01T06:26:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ringcentral.com\/us\/en\/blog\/wp-content\/uploads\/2023\/03\/GettyImages-1419530650-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2048\" \/>\n\t<meta property=\"og:image:height\" content=\"1363\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Glen Tillman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ringcentral\" \/>\n<meta name=\"twitter:site\" content=\"@ringcentral\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Glen Tillman\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/cloud-migration-financial-services\/#article\",\"isPartOf\":{\"@id\":\"\/us\/en\/blog\/cloud-migration-financial-services\/\"},\"author\":{\"name\":\"Glen Tillman\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/person\/c393a2d4daaa4a5f1b0a6c327551bb36\"},\"headline\":\"Cloud migration for financial services: 5 benefits of making the switch\",\"datePublished\":\"2023-03-07T15:28:56+00:00\",\"dateModified\":\"2024-10-01T06:26:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"\/us\/en\/blog\/cloud-migration-financial-services\/\"},\"wordCount\":1332,\"publisher\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/cloud-migration-financial-services\/#primaryimage\"},\"thumbnailUrl\":\"\/us\/en\/blog\/wp-content\/uploads\/2023\/03\/GettyImages-1419530650-scaled.jpg\",\"articleSection\":[\"Financial services\",\"Industry insights\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"\/us\/en\/blog\/cloud-migration-financial-services\/\",\"url\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/cloud-migration-financial-services\/\",\"name\":\"Cloud migration for financial services: 5 benefits of making the switch\",\"isPartOf\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/cloud-migration-financial-services\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/cloud-migration-financial-services\/#primaryimage\"},\"thumbnailUrl\":\"\/us\/en\/blog\/wp-content\/uploads\/2023\/03\/GettyImages-1419530650-scaled.jpg\",\"datePublished\":\"2023-03-07T15:28:56+00:00\",\"dateModified\":\"2024-10-01T06:26:27+00:00\",\"description\":\"Cloud migration is a critical step in financial services maturity. Learn the benefits of migrating and how to get started.\",\"breadcrumb\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/cloud-migration-financial-services\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/cloud-migration-financial-services\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/cloud-migration-financial-services\/#primaryimage\",\"url\":\"\/us\/en\/blog\/wp-content\/uploads\/2023\/03\/GettyImages-1419530650-scaled.jpg\",\"contentUrl\":\"\/us\/en\/blog\/wp-content\/uploads\/2023\/03\/GettyImages-1419530650-scaled.jpg\",\"width\":2048,\"height\":1363,\"caption\":\"Leadership, management and teamwork between CEO and senior manager in a business meeting in the office. Leader and boss working as a team to plan the vision and mission for growth and development\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/cloud-migration-financial-services\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"\/us\/en\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cloud migration for financial services: 5 benefits of making the switch\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#website\",\"url\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/\",\"name\":\"RingCentral Blog\",\"description\":\"Intelligent Communications\",\"publisher\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#organization\",\"name\":\"RingCentral\",\"url\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/logo\/image\/\",\"url\":\"\/us\/en\/blog\/wp-content\/uploads\/2025\/04\/ringcentral-logo.png\",\"contentUrl\":\"\/us\/en\/blog\/wp-content\/uploads\/2025\/04\/ringcentral-logo.png\",\"width\":2048,\"height\":309,\"caption\":\"RingCentral\"},\"image\":{\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/ringcentral\",\"https:\/\/x.com\/ringcentral\",\"https:\/\/www.linkedin.com\/company\/ringcentral\/\",\"https:\/\/www.instagram.com\/ringcentral\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/person\/c393a2d4daaa4a5f1b0a6c327551bb36\",\"name\":\"Glen Tillman\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/e6b50e2b11c4e2302d82adabadcad9d99e3e801f97e2eb5d24639247963e8eca?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e6b50e2b11c4e2302d82adabadcad9d99e3e801f97e2eb5d24639247963e8eca?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e6b50e2b11c4e2302d82adabadcad9d99e3e801f97e2eb5d24639247963e8eca?s=96&d=mm&r=g\",\"caption\":\"Glen Tillman\"},\"description\":\"Glen Tillman is a Senior Director of Product Marketing at RingCentral, where he leads Industry Marketing as well as Financial Services for the Enterprise segment. Glen is a dedicated and results-oriented product marketing leader with 20+ years of proven success in leading product and industry marketing teams in the areas of ERP, SaaS, and Cloud technology. Prior to his role at RingCentral, Glen led the global marketing team for Financial Services at Google Cloud where he co-launched two AI products for Financial Services. Before Google, Glen spent 11 years at Deloitte where he led the Industry marketing team and the marketing team for the Human Capital (HCM) Consulting Practice. During his tenure at Deloitte, he launched three new HCM consulting offerings as well as the Blockchain practice. Previous to his work at Deloitte, Glen spent 8 years at Oracle where he led the marketing team for the HCM products and launched the Oracle iRecruitment and iLearning products. Glen earned an MBA from the University of Notre Dame and a Bachelors degree in Marketing from the University of Arizona.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/glen-tillman-1375b1\/\"],\"url\":\"\/us\/en\/blog\/author\/glen-tillman\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Cloud migration for financial services: 5 benefits of making the switch","description":"Cloud migration is a critical step in financial services maturity. Learn the benefits of migrating and how to get started.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ringcentral.com\/us\/en\/blog\/cloud-migration-financial-services\/","og_locale":"en_US","og_type":"article","og_title":"Cloud migration for financial services: 5 benefits of making the switch","og_description":"Cloud migration is a critical step in financial services maturity. Learn the benefits of migrating and how to get started.","og_url":"https:\/\/www.ringcentral.com\/us\/en\/blog\/cloud-migration-financial-services\/","og_site_name":"RingCentral Blog","article_publisher":"https:\/\/www.facebook.com\/ringcentral","article_published_time":"2023-03-07T15:28:56+00:00","article_modified_time":"2024-10-01T06:26:27+00:00","og_image":[{"width":2048,"height":1363,"url":"https:\/\/www.ringcentral.com\/us\/en\/blog\/wp-content\/uploads\/2023\/03\/GettyImages-1419530650-scaled.jpg","type":"image\/jpeg"}],"author":"Glen Tillman","twitter_card":"summary_large_image","twitter_creator":"@ringcentral","twitter_site":"@ringcentral","twitter_misc":{"Written by":"Glen Tillman","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/cloud-migration-financial-services\/#article","isPartOf":{"@id":"\/us\/en\/blog\/cloud-migration-financial-services\/"},"author":{"name":"Glen Tillman","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/person\/c393a2d4daaa4a5f1b0a6c327551bb36"},"headline":"Cloud migration for financial services: 5 benefits of making the switch","datePublished":"2023-03-07T15:28:56+00:00","dateModified":"2024-10-01T06:26:27+00:00","mainEntityOfPage":{"@id":"\/us\/en\/blog\/cloud-migration-financial-services\/"},"wordCount":1332,"publisher":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#organization"},"image":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/cloud-migration-financial-services\/#primaryimage"},"thumbnailUrl":"\/us\/en\/blog\/wp-content\/uploads\/2023\/03\/GettyImages-1419530650-scaled.jpg","articleSection":["Financial services","Industry insights"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"\/us\/en\/blog\/cloud-migration-financial-services\/","url":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/cloud-migration-financial-services\/","name":"Cloud migration for financial services: 5 benefits of making the switch","isPartOf":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/cloud-migration-financial-services\/#primaryimage"},"image":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/cloud-migration-financial-services\/#primaryimage"},"thumbnailUrl":"\/us\/en\/blog\/wp-content\/uploads\/2023\/03\/GettyImages-1419530650-scaled.jpg","datePublished":"2023-03-07T15:28:56+00:00","dateModified":"2024-10-01T06:26:27+00:00","description":"Cloud migration is a critical step in financial services maturity. Learn the benefits of migrating and how to get started.","breadcrumb":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/cloud-migration-financial-services\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/cloud-migration-financial-services\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/cloud-migration-financial-services\/#primaryimage","url":"\/us\/en\/blog\/wp-content\/uploads\/2023\/03\/GettyImages-1419530650-scaled.jpg","contentUrl":"\/us\/en\/blog\/wp-content\/uploads\/2023\/03\/GettyImages-1419530650-scaled.jpg","width":2048,"height":1363,"caption":"Leadership, management and teamwork between CEO and senior manager in a business meeting in the office. Leader and boss working as a team to plan the vision and mission for growth and development"},{"@type":"BreadcrumbList","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/cloud-migration-financial-services\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"\/us\/en\/blog\/"},{"@type":"ListItem","position":2,"name":"Cloud migration for financial services: 5 benefits of making the switch"}]},{"@type":"WebSite","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#website","url":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/","name":"RingCentral Blog","description":"Intelligent Communications","publisher":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#organization","name":"RingCentral","url":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/logo\/image\/","url":"\/us\/en\/blog\/wp-content\/uploads\/2025\/04\/ringcentral-logo.png","contentUrl":"\/us\/en\/blog\/wp-content\/uploads\/2025\/04\/ringcentral-logo.png","width":2048,"height":309,"caption":"RingCentral"},"image":{"@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ringcentral","https:\/\/x.com\/ringcentral","https:\/\/www.linkedin.com\/company\/ringcentral\/","https:\/\/www.instagram.com\/ringcentral"]},{"@type":"Person","@id":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/#\/schema\/person\/c393a2d4daaa4a5f1b0a6c327551bb36","name":"Glen Tillman","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/e6b50e2b11c4e2302d82adabadcad9d99e3e801f97e2eb5d24639247963e8eca?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/e6b50e2b11c4e2302d82adabadcad9d99e3e801f97e2eb5d24639247963e8eca?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e6b50e2b11c4e2302d82adabadcad9d99e3e801f97e2eb5d24639247963e8eca?s=96&d=mm&r=g","caption":"Glen Tillman"},"description":"Glen Tillman is a Senior Director of Product Marketing at RingCentral, where he leads Industry Marketing as well as Financial Services for the Enterprise segment. Glen is a dedicated and results-oriented product marketing leader with 20+ years of proven success in leading product and industry marketing teams in the areas of ERP, SaaS, and Cloud technology. Prior to his role at RingCentral, Glen led the global marketing team for Financial Services at Google Cloud where he co-launched two AI products for Financial Services. Before Google, Glen spent 11 years at Deloitte where he led the Industry marketing team and the marketing team for the Human Capital (HCM) Consulting Practice. During his tenure at Deloitte, he launched three new HCM consulting offerings as well as the Blockchain practice. Previous to his work at Deloitte, Glen spent 8 years at Oracle where he led the marketing team for the HCM products and launched the Oracle iRecruitment and iLearning products. Glen earned an MBA from the University of Notre Dame and a Bachelors degree in Marketing from the University of Arizona.","sameAs":["https:\/\/www.linkedin.com\/in\/glen-tillman-1375b1\/"],"url":"\/us\/en\/blog\/author\/glen-tillman\/"}]}},"rc_img_url":"\/us\/en\/blog\/wp-content\/uploads\/2023\/03\/GettyImages-1419530650-scaled.jpg","rcblog_by_author":"<a href=\"\/us\/en\/blog\/author\/glen-tillman\/amp\" data-dl-events-click=\"true\" data-dl-element=\"link\"><span class=\"image\"><img src=\"https:\/\/secure.gravatar.com\/avatar\/e6b50e2b11c4e2302d82adabadcad9d99e3e801f97e2eb5d24639247963e8eca?s=96&d=mm&r=g\" alt=\"\" width=\"30\" height=\"30\" layout=\"fixed\"><\/img><\/span><span class=\"by-author-name\">Glen Tillman<\/span><\/a>","rc_author_full_name":"Glen Tillman","rc_author_avatar":"\/us\/en\/blog\/wp-content\/uploads\/2021\/12\/tillman-glen.png","rc_author_link":"\/us\/en\/blog\/author\/glen-tillman\/amp","rc_post_categories":"<a href=\"\/us\/en\/blog\/category\/verticals\/financial-services\/amp\">Financial services<\/a><a href=\"\/us\/en\/blog\/category\/verticals\/amp\">, Industry insights<\/a>","amp_link":"\/us\/en\/blog\/cloud-migration-financial-services\/amp","excerpt_title":"Cloud migration for financial services: 5 benefits of mak...","_links":{"self":[{"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/posts\/54123","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/users\/1121"}],"replies":[{"embeddable":true,"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/comments?post=54123"}],"version-history":[{"count":0,"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/posts\/54123\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/media\/54125"}],"wp:attachment":[{"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/media?parent=54123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/categories?post=54123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newrcblog.wpengine.com\/us\/en\/blog\/wp-json\/wp\/v2\/tags?post=54123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}