Operational Resilience and Your Cloud Strategy
As financial services institutions move to the cloud, Risk leaders need to be aware of regulation relating to Operational Resilience in this area. Regulators are worried about the increased use of third parties to deliver critical services to customers. They believe that outages and disruptions are inevitable, so the industry relying on a narrow set of cloud service providers is something they now consider a systemic risk.
This brochure explains why regulators are concerned about Operational Resilience, how it will impact Risk leaders and what you can do about it.