Cloud computing vendors should be reaping a windfall from bank clients, if a recent report is a true indicator.

A PricewaterhouseCoopers report issued Tuesday stated that in a recent survey of financial services executives, 71% said they will invest more in cloud computing this year — up from 18% who said the same in 2012. And 50% plan to invest in private cloud technology (virtualized computers, storage and network equipment that can be easily shared by applications, users and groups). The survey drew 115 financial services respondents across 11 countries.

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