Banking on Cloud Governance

How financial services organizations can design and implement cloud management and governance solutions to accelerate cloud adoption

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.

A solid cloud governance framework encompasses three main areas:

• People―formalize your organizational structure to support cloud migration and operation
• Processes―determine best practices to design and engineer security controls and guardrails
• Technology―establish a streamlined assessment process for adoption and onboarding of new cloud services

Cloud governance is foundational to your organization. It ensures technology investments are sustainable and that they propel strategic objectives forward.