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Asia looks to cloud computing
Rapid technological advances mean that financial institutions in Asia are looking to cloud computing solutions as an alternative to investing in internal infrastructure. But regulators around the region are cautious about the potential pitfalls involved. By Clive Davidson
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The nature of microprocessor development is such that computer capabilities have doubled roughly every 18 months ever since microprocessors were invented more than 50 years ago. In addition to the improvement in individual chips, technologists have devised clever ways to organise them to give even more performance, such as parallel processing architectures and computer grids. The latest innovation is cloud computing: the creation of huge pools of processing and data management resources and
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