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.
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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?