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7 Social Distancing Ideas For Regulatory Reporting In The Cloud

As COVID-19 wears on, financial institutions are experiencing disruptions from the effects of operating with a remote workforce. These disruptions are accelerating their efforts to move to regulatory reporting in the cloud. Deliberations center on whether to take a DIY approach to cloud implementation or use a vendor-provided cloud solution and if so, how to

  • Editorial Team
  • May 15, 2020
  • 1 minute

As COVID-19 wears on, financial institutions are experiencing disruptions from the effects of operating with a remote workforce. These disruptions are accelerating their efforts to move to regulatory reporting in the cloud.

Deliberations center on whether to take a DIY approach to cloud implementation or use a vendor-provided cloud solution and if so, how to vet vendor-provided solutions. But beware. CDOs and CROs absolutely must set an extremely high-security bar for any cloud implementation.

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