--- title: Transform Financial Services with VMware Cloud Foundation (VCF) url: https://www.vmware.com/solutions/industry/financial-it-services description: Learn how VMware Cloud Foundation (VCF) can help the financial services and insurance sector. --- # Transform Financial Services with VMware Cloud Foundation (VCF) VMware Cloud Foundation (VCF) is a robust, integrated platform designed for the unique needs of the financial services sector. [LEARN MORE](https://www.vmware.com/docs/vmw-accelerate-your-journey-to-the-cloud) ## Explore the Benefits to Financial Services and Insurance ### Driving Business Growth Through Technology Innovation Enabling Financial Services customers meet their technology goals: - VCF enables developers to deploy infrastructure as code, using APIs to deliver new applications to market with 3-5x higher productivity - Optimizing Operational Costs by streamlining and consolidating processes - Helps FSI meeting Industry Security, Resiliency, and Regulatory Requirements ### VMware VCF Provides Significant TCO Savings Deploying a true cloud operating model at scale. VMware Cloud Foundation simplifies and streamlines upgrades, patching and regular operations in the Private Cloud. You will enhance operational efficiency, supercharge workload performance, and accelerate DevOps innovation through discovery and access of DevOps services. The cloud economics team conducted the TCO based on an actual customers' environment analysis. The analysis compares traditional infrastructure versus software-defined infrastructure over a 3-year period. - 55% Savings on Infrastructure - 51% Total Cost of Ownership Savings - 42% Increased Labor Productivity ### Preparing for the Future of Financial Services VCF provides the flexibility and simplicity to respond to the rapidly changing industry and meet customer’s changing needs. - Modernizing and Simplifying IT Operations - Increased Compliance and Reporting - Increased Fraud Detection and Risk Management - Proven AI/Automation Platform ### Complete Flexibility and Freedom with License Portability **Subscription Portability:** From end user private cloud deployments to supported public cloud endpoints (bi-directional) **Portability Extended to Add-ons:** Migrate the use of supported add-ons from on-premises to cloud endpoints **Hybrid Cloud Extension:** Expand your private cloud to support hybrid clouds with the same license ## Leading Financial Institutions Rely on VMware 25+ years of partnership with Financial Services Institutions **#1** trusted vendor for enterprise workloads running across clouds 85M enterprise workloads on VMware - [Read the Whitepaper](https://www.vmware.com/docs/vmware-leading-technology-driven-growth) ## Industry Perspectives ### The Financial Services CIO of 2025 To learn more about the financial tech executive’s evolving role, we partnered with Forbes Insights to survey CIOs about how they intend to position IT and themselves in the coming years. - [Read the Report](https://www.vmware.com/docs/vmw-financial-services-forbes-white-paper) ### Modernizing Banking Systems and Platforms Today, customers want their banking activities to match their online retail experience. With a modern tech stack, banks can confront growing competition, launch new products quickly and meet customer demand. - [Read More](https://www.vmware.com/docs/vmw-modernizing-banking-systems-and-platforms) ### Modern Bank Heists 5.0 Cybercrime cartels are targeting market strategies, taking over brokerage accounts, and island hopping into banks. Learn how to thwart attackers in VMware’s fifth edition of the Modern Bank Heists report. ### Financial Services: Technology-Driven Growth Achieving digital business success and staying competitive means implementing technology architected for agility, flexibility, security and consistent operations. - [Read More](https://www.vmware.com/docs/vmw-leading-technology-driven-growth-in-financial-services) ## Customer Stories ![MB Bank](https://www.vmware.com/media/blt8c9a8aaca0ffd4ac/blt4eea88cf14f00d3b/660d57c6afd9250e7b5466ba/logo-mb-bank-350x150.png) VMware Cloud Foundation with Tanzu ... supports both traditional application virtualization and modern cloud native applications while allowing us to automate IT service delivery. — Nguyen Minh Hiep, Deputy Director - [Learn More](https://www.vmware.com/resources/customers/vmw-mb-lays-flexible-automated-foundation-for-growth) ![USSFU](https://www.vmware.com/media/blt8c9a8aaca0ffd4ac/blt87b9c3179a890e80/660d39ced072deed8a5c4358/vmw-ussfcu-logo.jpg) VMware has done a fantastic job of aligning its tools with the ecosystem. They make things simpler than would otherwise be. — Mark Fournier, CIO - [Learn More](https://blogs.vmware.com/customerstories/2022/09/23/ussfcu-drives-performance/) ![Cellulant](https://www.vmware.com/media/blt8c9a8aaca0ffd4ac/bltfbf8832d2b1bb7a9/660d56a5a57fb650ff5b54c8/logo-cellulant-350x150.png) We want to give our users an ubiquitous experience. This is why we elected to scale to the cloud with VMware. — John Mburu, Head of Platform Engineering - [Explore More Stories](https://www.vmware.com/resources/customers?solutions=VMware%20Security%20Solutions) ## Resources ### [Hands-on Labs](https://www.vmware.com/resources/hands-on-labs) Experience the full range of VMware products and learn about new features. ### [VMware Communities](https://community.broadcom.com/vmware) Become part of the conversation in our vibrant communities. ## Also of Interest - [VMware vSphere Kubernetes Service](https://www.vmware.com/products/cloud-infrastructure/vsphere-kubernetes-service) - [VMware Cloud Foundation Networking (NSX)](https://www.vmware.com/products/cloud-infrastructure/nsx) - [VMware Cloud Foundation Edge](https://www.vmware.com/products/cloud-infrastructure/vmware-cloud-foundation-edge)