Question

A financial services organization has bank branches in a number of countries, and has built an application that needs to run in different configurations based on the local regulations of each country. How can cloud infrastructure help achieve this goal?

A. Flexibility of infrastructure configuration.
B. Reliability of the infrastructure availability.
C. Scalability of infrastructure to needs.
D. Total cost of ownership of the infrastructure.

Answer 1

Option A, B and C are the correct answer. Cloud infrastructure offers flexibility, scalability, reliability, and a reduced total cost of ownership, which are essential for financial organizations operating under different regulations in multiple countries.

Step-by-step explanation:

Cloud infrastructure can be instrumental for a financial services organization that needs to operate in multiple countries with varying local regulations. The cloud provides several key advantages:

• Flexibility of infrastructure configuration: Cloud environments can be quickly reconfigured to meet the specific regulatory requirements of different countries. This agile configuration allows the application to comply with various local laws and practices.
• Scalability of infrastructure to needs: Cloud services can scale up or down based on the demand, which is ideal for businesses that experience fluctuating workloads across different regions.
• Reliability of the infrastructure availability: Cloud providers typically offer high up-time guarantees and robust disaster recovery options, ensuring that applications remain available regardless of local issues such as power outages.

In addition, cloud infrastructure can contribute to a lower total cost of ownership because it reduces the need for investment in physical hardware and allows for operational expenditure rather than capital expenditure. This financial model can make it easier for organizations to manage costs in line with their growth and fluctuating needs.