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.
AxiomSL is the leading global provider of regulatory reporting and risk management solutions for banks, asset managers and insurers. It empowers clients with the tools they need to manage their financial, risk and operational requirements, and to comply with regulatory calculation and disclosure mandates around the world.