> Moving to cloud provides very little advantage (definitely not financially) to such companies. As someone who has worked as a software developer for big NY b

> Moving to cloud provides very little advantage (definitely not financially) to such companies. As someone who has worked as a software developer for big NY banks for the past 25 years, that's simply not true. The answer is, it's complicated. JPMorganChase for instance has a $12 billion annual IT spend. They do a LOT of different things. Admittedly certain things are best left on prem for regulatory audit points (more with respect to resilience/business continuity rather than security.) But a substantial portion of it could be moved to the cloud at some cost savings. Additionally the brittleness of the service and database infrastructure is a pathology of the on-prem environment rather than an argument for it. Cohorts of SA's and DBA's are wasting their time doing work which in a modern environment would be scripted and more flexible.