Digitalize Compliance in the Cloud

The last 18 months have emphasized the importance of the move to the cloud environment, as we transition from an industry that’s largely on-premises to one that can support hybrid work environments and withstand increased market volatility, whenever it arises. And the benefits are well known - modernization of our legacy infrastructures, weathering regulatory change, and bolstering operational resilience to reduce operational risk and address cybersecurity. However, compiling compliance obligations for a cloud migration, and balancing risk in that move, is no mean feat. In this lively discussion, Virginie O’Shea of Firebrand Research, Suranjan Som of Hitachi Vantara, and Nirvana Farhadi, RegTech Pioneer and Expert, discuss interconnected risks, operational resilience, new technologies, factors for success, and more: • The recent impact that the oversight of cloud has on financial institutions’ operations • Factors driving the rapid move to the cloud, and associated compliance objectives • How firms are balancing compliance obligations with the digital transformation agenda • Upcoming regulations – is there a Chief Cloud Officer in our future? • Recommendations and best practices for success