This report provides an in-depth analysis of cloud computing and mainframe technologies within the banking sector. It explores the core business services offered by banks, including loans, investments, and credit cards, and identifies the ICT workload types, such as batch processing, online transactional processing (OLTP), and online analytical processing (OLAP), that banks require. The report delves into the benefits of cloud technologies, such as high uptime, productivity, disaster management, and reduced maintenance costs, while also examining the reasons why major banks continue to use mainframes, emphasizing their reliability, availability, and security features. The report further discusses the use of mainframes in various banking functions, highlighting their analytical quality, scalability, and integration capabilities. The report references several sources to support its claims and provides a comprehensive overview of the role of these technologies in the modern banking landscape.
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