The 14th Report of the Observatory on IT Architectures in Banking analyzes current trends regarding IT transformation in banks. The findings show that initiatives to modernize information systems are among the top priorities for 2022, with a focus on Enterprise Architecture. Various aspects such as cloud adoption, cloud governance, and the necessary skills to address these changes are discussed. The report highlights a growing interest in multi-cloud strategies, emphasizing the benefits and risks associated with this strategic choice. Furthermore, the crucial role of data protection and sovereignty in the context of cloud transformation is underscored.