In light of the additional guidance and regulations from the Cloud Security Alliance (CSA), the International Standards Association (ISO) and the National Institute for Standards and Technology (NIST), as well as the growing maturity of the solutions provided by the cloud providers, cloud security concerns are increasingly being assuaged. In 2016, the deployments of cloud-based services by financial institutions are widespread but patchy across the middle- and back-office. That said, cloud technology use by the front-office is gradually becoming more common with instances of cloud-based market data and transaction services leveraging cloud technology appearing in organisations across the sector.
The GreySpark report explores the drivers, issues, concerns and challenges faced by financial institutions as they migrate services to the cloud, and it delivers a raft of recommendations for a secure migration based on those concepts.
