IBM Cloud Builds Out Its Financial Services-Ready Public Cloud Ecosystem

Towards the end of last year, IBM and Bank of America made news with the announcement they were partnering to develop a financial services-ready public cloud (of which Bank of America will be the first customer). This is a significant development, since I believe the horizontally-oriented cloud market does not yet offer the levels of security, privacy, and network resiliency necessary to meet the needs of a highly regulated industry such as banking (see my coverage here for more).