00:00
City National Bank has a great story hotel, we've been in the Florida market now for over 75 years. We always provide best in class service and support to our clients. You know whether or not it's a boutique product and service that we offer. You know that maybe the bigger banks for them, it's not feasible to support these niche
00:22
clients. The pandemic has shifted the consumption of our clients and consumers. Um They've shifted their behavioral patterns. The technology is a driver um to sustain where the bank wants to go. Very dynamic in nature and you know I. T. Where we play a role is being able to
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facilitate the right tools to both our internal and external clients. It's not only based on being able to leverage data. Um we need to monetize the data, we need to make sense of the data whose consuming and how best to consume that data. Having Pierre as our hybrid model. It works well with the strategy that we
01:08
have as far as you know level setting, both on prem and cloud technologies with pure, there were no gaps. You are pure Gables was an accelerated pathway because it minimized any of our production downtime. During the migration upgrades transition to cloud, you know, we've never been down now. We're operating At a 40 um in our in our cloud
01:32
and by the year 20 23/75 percent of our production environment is going to be running both from our cloud platform and also our PRC service environment. Pure plays an important role in being able to sustain consistency, driving down their operational costs. We have to have a very efficient operational model and Pure gives us that day in and day out
01:57
is that next generation platform that we need um in order to keep up with the pace and technology demands across the marketplace. But if you're comfortable that the platform that we have today, you know, we'll be able to quickly scale where we need to um, you know, by turning up the dial and you know, the best part about it is that I don't have to
02:18
go down my infrastructure right? I have made that investment, it's all software based, so we're out of the infrastructure business, we're well positioned um, in keeping up with the bank strategy, you know, we're looking to be the iconic bank of florida and we have the right platforms to get us to support us where we need to be.