IBM Announces Financial Public Cloud

The video discusses the unique challenges banks face with public cloud services, focusing on regulation, compliance, and cybersecurity. It highlights a collaboration with Bank of America to develop a public cloud with built-in regulatory controls. The video also explores hybrid cloud solutions using Red Hat Openshift, allowing banks to manage on-premise and cloud data effectively. Finally, it emphasizes the importance of regulatory compliance, with software engineered to meet specific requirements, reducing the burden on individual banks.

What are the three main differences that banks face compared to other sectors when it comes to cloud technology?

What role does security play in the banking sector's use of cloud technology?

How does the public cloud being developed with Bank of America address regulatory compliance?

Explain the significance of the 'own your own key' feature in the context of cloud data security for banks.

Discuss the importance of maintaining a control layer in cloud technology for banks.

What are the benefits of using Red Hat Openshift in the cloud offering for banks?

How does the collaboration with Bank of America differ from previous cloud services offered to other financial clients?