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Cloud for financial services

Maximize the Impact of Your Financial Services Cloud Strategy

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 significantly enhance operational efficiency, agility, customer experience, and cost savings for the financial services cloud industry. It empowers banks and insurance companies to leverage AI and machine learning to drive meaningful innovation. However, challenges like security concerns, legacy systems, data privacy, and workforce upskilling remain prevalent. Partner with Capgemini to navigate these challenges and fully leverage the cloud’s potential for operational and financial benefits. With Capgemini’s deep industry expertise and tailored cloud solutions, you can confidently transform your financial services for sustained growth and resilience.

Our multi-cloud management, data estate modernization, and power platform solutions go beyond basic migration to maximize the financial services cloud investments for sustainable, long-term impact.

Begin your cloud journey with Capgemini.

World Cloud Report – Financial Services 2025

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

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.

    Cloud tech: A must for financial resilience

    Financial institutions can unlock agility and growth by adopting cloud solutions amid economic uncertainty

    Machine learning anomaly detection for Chief Financial Officers

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

      Cloud Banking Solutions

      Capgemini’s cloud solutions for banking are designed to modernize core operations, enhance agility, and drive digital innovation across financial services. Our solutions help banks stay competitive, improve operational efficiency, and create exceptional customer experiences.

      • 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 Solutions

      Capgemini offers cloud solutions tailored for insurers to streamline operations, enhance customer satisfaction, and increase agility in a fast-evolving market. Our innovative cloud capabilities empower insurers to scale efficiently and integrate new technologies seamlessly.

      • 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

      Unlock the Power of Cloud for Financial Services with Capgemini

      Explore our financial cloud services designed to transform operations, enhance agility, and drive innovation. Contact us to see how we can support your cloud journey toward growth and resilience.

      Client Stories

      Smarter banking: ABN AMRO leverages AI with Copilot

      ABN AMRO leverages AI-driven Copilot Studio to enhance banking processes, boosting productivity and service quality

        Transforming data protection accelerates payment technology provider's cloud journey

        By partnering with Capgemini, the business delivers a highly secure and scalable data encryption and protection solution that accelerates its migration to the Google Cloud Platform

          Expert perspectives

          Meet our experts

          Ravinder Khokhar

          Global Head of FS Cloud
          Ravi helps financial services clients define their cloud strategy, transformation roadmap, and adoption framework to achieve differentiated business outcomes with cloud

          Ramandeep Singh

          Global Head of FS Cloud Engineering
          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.

          Shashi Gupta

          Global Head of FS AWS Center of Excellence
          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_Desai

          Vivek Desai

          Global Head of FS Microsoft Cloud Center of Excellence
          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

          Ajay Walgude

          Global Head of FS IBM and RedHat Hybrid Cloud Center of Excellence
          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.
          DanielWolff

          Daniel Wolff

          Global Head of FS GCP Center of Excellence
          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.

          Parminder Dhillon

          Head of Cloud FinOps, Capgemini Financial Services

            Awards and recognitions

            IDC MarketScape: Worldwide Cloud Professional Services Leader 2024

            Positioned in the Leaders Category in the IDC MarketScape Worldwide Cloud Professional Services 2024 Vendor Assessment, associated with managed and professional services.

            Our Partners for Cloud Solutions

            We collaborate with leading cloud technology providers to enable seamless financial services cloud implementation and modernization, empowering organizations to boost efficiency, drive innovation, and deliver exceptional customer experiences through advanced cloud technology.

            Join the conversation on LinkedIn

            Connect with our experts and read the latest industry insights on our dedicated LinkedIn page