Transform Financial Services with Cloud Solutions

Unlock the full potential of your cloud investments

Finance leaders recognize the opportunities cloud brings to their organization and have started their migration journeys. In fact, 91% consider cloud to be a key enabler for catalyzing growth. And yet, few have truly harnessed its potential.

Cloud transformation can enhance operational efficiency, agility, customer experience, and reduce costs. It allows banks and insurance companies to leverage AI and machine learning to optimize their operations and drive innovation.

However, challenges like security concerns, legacy systems, data privacy, and workforce upskilling remain. Partnering with a trusted cloud service provider like Capgemini can help banks and insurance companies navigate these issues and unlock cloud’s full potential.

Our multi-cloud management, data estate modernization, and power platform solutions, go beyond basic migration and help you fully leverage cloud investments for optimal financial outcomes.

Begin your cloud journey.

World Cloud Report – Financial Services 2025

Propel top-line growth with your cloud journey: Fast-track efficiency, innovation, and superior CX

Read the report

World Cloud Report 2025 Key Highlights

Financial services organizations face a complex operational landscape

Organizations face diverse operational challenges that impact their business – including data and security, regulations, cloud transition issues, technology challenges, and FinOps.

Establish a cloud transformation framework around a hierarchy of success criteria

Based on our research and analysis, we developed a framework for banks and insurers to maximize the value of their cloud investments. A definitive cloud transformation vision based on a hierarchy of priorities is essential as financial services firms seek innovations that drive operational efficiency and revenue growth.

Cloud-powered CX strategies are critical for financial services firms, but current adoption is limited

Financial services executives believe cloud-powered CX strategies like CRM tools, omnichannel engagement, and customer data platforms are critical. However, while many financial services firms have piloted or partially adopted these strategies, very few have adopted and scaled them.

Financial services innovators are data-driven, cloud-focused, and customer-centric across the value chain

Future-focused banks and insurers drive substantial revenue growth because they are data-driven, cloud-focused, and customer-centric across the value chain. We assessed banking and insurance value chain components and identified how firms strategically deployed cloud and Gen AI to drive revenue growth.

Machine learning anomaly detection for Chief Financial Officers

The dawn of the new CFO era. It’s here, and it’s now.

Learn more

Cloud banking services

Payments Legacy Modernization: AI-enabled end-to-end services to drive innovation in payments, helping you compete with FinTechs and next-gen digital payments.
Wealth Management Transformation: Building next generation banking with reduced infrastructure costs. Open Banking Platform
Open Banking: End-to-end implementation of your open banking platform with a focus on security and regulatory compliance
T+1 Accelerated Settlements: Reducing the securities settlement cycle to one business day post trade-date, enhancing efficiency, and reducing operational risk

Cloud insurance services

Life Closed Block Mainframe Modernization: Using the power of AI to accelerate the migration of legacy policy systems
Embedded Insurance: Helping insurers integrate their products into the customer purchase journey in B2B2C channels using an ecosystem-led model
Touchless Claims: Automating and innovating the claims value chain to enhance efficiency, improve accuracy, reduce LAE by 20-30%, and increase claim satisfaction
Guidewire Cloud Upgrade Factory: Guidewire Cloud empowers insurers to be flexible and focus on building capabilities

Revolutionize your financial services with AI: A strategic journey through Azure OpenAI

See all our insights on cloud for financial services

Client Story

Transforming data protection accelerates payment technology provider's cloud journey

Expert perspectives

Cybersecurity, Technology

A digital edge for financial services: Navigating cybersecurity in the era of the Digital Operational Resilience Act (DORA)

Christiaan Koopman

Mar 22, 2024

Cloud, Data and AI, Technology

Driving innovation in financial services: Pega Infinity vs. Java EE solutions

Dinesh Karanam

Feb 15, 2024

Meet our experts

As a global head of cloud business at Capgemini financial services, Ravi’s role encompasses leading Center of Excellence for hyperscalers, market shaping, architecture/engineering and most importantly, delivering business transformation with cloud. He enjoys challenging the status-quo to disrupt and influence change for creating tangle business outcomes with (and for) our clients.

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Ramandeep examines the use of cloud technology to enhance the development process and enhance the quality, speed, and efficiency of financial systems. As a leader in cloud technology, he examines business challenges and searches for opportunities to use cloud services to transform businesses. While migrating applications to the cloud, he focuses on establishing a robust and secure foundation, transforming applications, and streamlining development, security, and financial processes.

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I am a technology leader with a proven track record of successfully establishing long-tenured partnerships with clients, delivering results across financial services in capital markets.

Vivek is a global leader for Microsoft COE and Business Group at Capgemini Financial Services, responsible for hands-on solution architecture, strategy, and engineering at scale for complex cloud transformation initiatives across various sectors. Additionally, Vivek leads global go-to-market and new business growth initiatives, driving budgets and KPIs to deliver profitable business growth while excelling in solution, architecture, and engineering delivery.

Ajay Walgude envisions big ideas and brings them to life. He leads IBM Cloud COE for Financial Services globally, and is a Tester, an Architect, a Practice Leader, and Global Senior Executive leading large transformational deals.

Daniel Wolff heads the Google Cloud COE and business for Capgemini Financial Services with 20 years of previous experience on Wall Street. Dan is instrumental in driving Google Cloud growth and believes that prioritizing the customer and the outcome will ensure everything else falls into place.