A new report, released this month by the European Union Agency for Network And Information Security, describes the views of European financial services companies toward the cloud. For the most part, this group remains skeptical.
According to the report, European financial services companies recognize the benefits of the cloud but are still extremely cautious about making any kind of significant move there. Instead, they are confining their cloud activity to safer undertakings like email or experimental projects. For the most part, they prefer private clouds over public ones.
Contrast this with the report published by the Cloud Security Alliance called How the Cloud Is Being Used in the Financial Sector (pdf), which surveyed financial services companies from around the world but mostly concentrated in the U.S., and you have a very different picture.