The cloud is just someone else’s computer! Speaking to IBS Intelligence at the Open Banking Expo in London on 13 November 2019, Eleni Coldrey addressed security concerns and the growing pains of open banking. As the financial services sector increases digitisation and digitalisation, it is increasingly relying on external digital business ecosystems for the growth of interconnection bandwith. FinTech, cybersecurity, data compliance and new competitive ecosystems are converging. Global interconnection and data centre group Equinix is forecasting interconnection bandwith to show 66% CAGR through to 2022.