The biggest news for the Cloud industry this week has been the hosting deal between Google and one of Spain’s largest banks, BBVA. Brodies TechBlog did an interesting post yesterday: “Not all clouds have silver linings – how information security varies between cloud providers” and we thought we’d follow up with our own blog detailing how and why Swiss Banks have been early adopters of the Cloud and continue to embrace our cloud service in a country that has the highest level of privacy and data protection laws:
- As a Swiss Cloud service provider, we are subject to the same strict security regulations that the banks themselves have to abide by and this provides a lot of confidence in our service.
- Our service has been built and designed by Internet Banking specialists who understand the security aspects as well as the requirements for seamlessly integrate SecureSafe into their existing e-banking platform.
- With customers having so many digital assets, Swiss banks have seen the benefits of offering our SecureSafe service as an online version of the traditional bank vault.
- As with most banks these days, cutting costs is high on the agenda and using the Cloud can be a way of significantly reducing costs and, as long as you choose the right provider, security and cloud computing don’t have to be mutually exclusive.
In our case, banks have seen the benefits of using our service to digitally deliver bank statements and other communications directly to a customers’ personal SecureSafe. This has many benefits such as reducing printing and posting costs.
So, although this story is big news for the Cloud computing industry with two big brands joining forces, BBVA are by no means the first bank to see the benefits of offering cloud services internally or externally. We do, however, welcome the injection of confidence that this deal brings to the industry.

