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As part of our Digital Financial Services briefing series, Simon Gamlin, Head of Eversheds' International IT and Outsourcing Group, looks at the use of the cloud in financial services.

Although historically reluctant to adopt cloud technology, over the last six months financial institutions have shown increasing interest in cloud technology. Our joint report with the Lawyer, Spotlight on the Cloud, highlights financial services as the sector with the second highest amount of growth. In this video, Simon discusses barriers to adoption and gives his predictions for the next six months.