Digitalize Compliance in the Cloud

Some firms grew up in the cloud—step forward cloud-native hedge funds—while others still have less than 20% of their total technology stack in a cloud-hosted environment. The reason for this slow progress in spite of the rapidly-improving maturity of cloud technology over the last couple of decades? Financial institution concerns about control, governance, oversight and security.
Virginie O’Shea of Firebrand Research, Suranjan Som of Hitachi Vantara, and Nirvana Farhadi, a RegTech Pioneer, Expert, Author, Speaker and Top 10 Global Influencer, examine what is driving this continuing trend towards cloud adoption regarding compliance:

  • The recent impact of oversight of cloud on financial institutions’ operations
  • Are firms utilizing a multicloud setup to address some of these concerns?
  • Factors driving the rapid move to the cloud, and compliance objectives
  • How firms are balancing these compliance risks with the digital transformation agenda
  • Upcoming regulations – are regulators across the globe on the same page when it comes to cloud?