Banking on Cloud Governance

Cloud technology has transformed the financial services industry (FSI). From improved customer engagement solutions, enhanced risk modeling, and agile infrastructure, cloud services have enabled FSI organizations to differentiate and adapt to a changing market. While many of these companies have begun to adopt cloud technologies, those with strong governance controls in place have been able to accelerate their migration journeys.

Without robust cloud governance, FSI teams may lack the roadmap to navigate the complexity of new services and solutions added to their technology stacks. Tasks like onboarding, monitoring, and evidence collection should stick to a formalized approach so they are addressed completely and consistently.