IBM, Bank of America team up to launch financial services-specific cloud

(Reuters) - International Business Machines Corp said on Wednesday that it has built financial services-specific cloud technology in collaboration with Bank of America Corp , which will be the first major bank to use the platform.The public platform, IBM's first industry-specific cloud, is designed to meet the high regulatory, security and resiliency standards required of the financial services industry."By setting a standard that addresses the concern of hosting highly confidential..