Cloud Carib is helping to shape the Bahamian financial services industry as it accelerates digital transformation in the Caribbean and Latin America.

The Bahamas Investor interviewed Cloud Carib CEO, Scott MacKenzie, on how cloud computing is shaping the Bahamian financial services community. According to MacKenzie, financial firms in the region are increasingly turning to cloud services to save on costs, simplify processes and enhance data security as the Caribbean ICT sector gains momentum and catches up with international development.

“The cloud virtualizes a bunch of hardware that can offer economies of scale and access to a customer database without adding any risk to those customers,” says MacKenzie. “That means there’s a fixed utility cost for your IT [and] it simplifies your financials.”

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