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Adoption of Cloud Services in Central Banks: Hindering Factors and the Recommendations for Way Forward
Journal of Central Banking Theory and Practice Pub Date : 2022-04-30 , DOI: 10.2478/jcbtp-2022-0016
Darell Edmond 1 , Vijay Prakash 2 , Lalit Garg 3 , Seema Bawa 2
Affiliation  

Abstract Current research on cloud computing often focuses on the technology itself and the benefits that one company can use and choose from cloud services. Most of the research has focused on mainstream enterprises and limited regard to Central Banks’ (CBs’) Cloud Computing Adoption (CCA). CBs are continually exploring opportunities to enhance IT efficacy while minimizing expenditures and ensuring data protection and network security. This paper investigates the factors affecting the CBs’ CCA by surveying 40 CBs representing approximately 25% of total CBs worldwide. The main participants were senior IT managers who are responsible for any IT decisions in CBs. The findings are also significant for other organizations or businesses where data privacy is crucial. The study results indicate that CBs are still reluctant to migrate to the public cloud. Influential factors preventing CCA are data protection, privacy, and risks.

中文翻译:

中央银行采用云服务:阻碍因素和前进方向的建议

摘要 当前对云计算的研究通常集中在技术本身以及一家公司可以使用和选择云服务的好处。大多数研究都集中在主流企业上,而对中央银行 (CBs') 云计算采用 (CCA) 的关注有限。CB 不断探索提高 IT 效率的机会,同时最大限度地减少支出并确保数据保护和网络安全。本文通过调查 40 家 CB(约占全球 CB 总数的 25%)来调查影响 CB 的 CCA 的因素。主要参与者是负责 CB 中任何 IT 决策的高级 IT 经理。这些发现对于数据隐私至关重要的其他组织或企业也很重要。研究结果表明,CB 仍然不愿意迁移到公共云。阻止 CCA 的影响因素是数据保护、隐私和风险。
更新日期:2022-04-30
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