According to recent PwC research, 71 percent of banks and financial services organizations said they will invest more in cloud services by the end of 2013 – more than four times the number who did so last year.

Driving that increase are cost benefits and a desire to improve customer experience. However, Julien Courbe, PwC's financial services technology leader, warns that these advantages can mask underlying risks and regulatory concerns. In this week's podcast, he discusses the risk management challenges faced by financial services firms, whether third-party providers can be trusted, and how some firms are turning to the "private cloud" as a solution.

Listen to the podcast. (8 min., 4 MB)

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