Cloud
The cloud refers to a network of remote servers used to store, manage, and process data - rather than relying solely on on-site infrastructure. For financial institutions, cloud-based solutions allow internal tools like intranets to run securely on off-site platforms while still meeting compliance needs.
In the context of intranets, "the cloud" typically means hosting the software and data on a secure platform like Microsoft Azure or AWS. This gives banks and credit unions greater flexibility, better uptime, faster deployments, and simplified IT maintenance - without sacrificing control or security.
Why It Matters
Hosting your intranet in the cloud removes the need to maintain your own servers, worry about backup infrastructure, or patch systems manually. It also supports remote and hybrid work environments, which are increasingly common in financial services.
When configured correctly, cloud hosting meets NCUA, FFIEC, and other regulatory expectations - especially when paired with tools like Azure AD, encryption, and audit trails.
Benefits of Cloud Hosting
- Lower hardware and maintenance costs
- Secure, encrypted off-site storage
- Easier disaster recovery and backups
- Faster updates and less IT burden
How SimplifyIT Helps
- Cloud-hosted or on-premise options available
- Secure hosting on AWS in U.S. data centers
- Supports Azure AD and MFA for authentication
- No servers to maintain or update internally
Compare cloud vs. on-prem hosting for intranet software