Cloud Service Providers (CSPs) typically think about the technology and business needs of their customers, and don’t necessary consider the impact to their customers compliance with regulatory obligations. Compliance decision makers aren’t clear on how to migrate to the cloud, and manage regulatory risk and compliance in the cloud. The big challenge is demonstrating how CSPs can meet customer’s risk and compliance needs.
GMAG works with the largest CSP’s in the business and we understand how financial firms use data for business, regulation and compliance. We will provide guidance on moving existing data to the cloud and other important services on how best to comply with regulatory obligations.
Our team created collateral discussing compliance considerations for cloud migration on various topics including:
Compliance with outsourcing regulations
Disaster Recovery and Business Continuity
Privacy and Data Protection
Let us work with your team and craft a data strategy plan to leverage the cloud capabilities and efficiencies.
GMAG was asked to participate in a cloud migration training session for a major cloud service provider’s global financial services team. In doing so, GMAG covered the various regulatory considerations associated with migration and how strategic data transfer could be achieved by implementing GMAG’s defined process. The presentation was streamed to various teams in countries across the globe.