• S.Vinothini

Cloud computing means storing and accessing data and programs over the Internet instead of your computer's hard drive. The cloud is just a metaphor for the Internet. Everything you need is physically close to you, which means accessing your data is fast and easy, for that one computer, or others on the local network. The disadvantages are the speed, efficiencies and innovations of cloud computing come risks. Cloud computing is the future of banking technology. It's just a matter of time before all financial institutions move their technology to the cloud. As banks adapt to market changes and new technology landscapes, cloud computing is playing a major role, providing alternative ways to access to core banking technology. According to the world-famous writer and public figure Nicolas Carr, today IT systems are becoming a thing of the past: the competitive importance of IT inevitably decreases, the software, like once electricity, becomes… a communal service! Just like a century ago, the creation of powerful power stations marked a new era in the life of mankind, and today we are experiencing a similar technological revolution that radically changes our lives.

Cloud Computing, Risks, Technology.

"Cloud computing & cloud banking, benefits, types, Advantages & disadvantages", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 11, page no.63-66, November-2018, Available :http://www.jetir.org/papers/JETIRN006011.pdf

"Cloud computing & cloud banking, benefits, types, Advantages & disadvantages", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 11, page no. pp63-66, November-2018, Available at : http://www.jetir.org/papers/JETIRN006011.pdf