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Cloud computing is quickly changing the entire financial services industry in the U.S. and Europe. Many simple and complex software applications are now available to industry professionals via any browser window. More complex financial software applications are following closely behind. For example, in risk management for commercial real estate lending, the migration of risk models to the cloud makes sense because of the huge reduction in operating expenses for a financial institution and a fantastic improvement in computational time.

Cloud Computing Revolutionizes CRE Risk Management (1265 downloads)