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The Financial Sector Cloud Resilience Forum, established in April 2023 by the Monetary Authority of Singapore (MAS), brings together Asia-Pacific financial regulators and major Cloud Service Providers (CSPs) to enhance public cloud risk management practices.

A survey of 600 executives and 120 fintechs/insurtechs across 13 countries reveals that financial firms face significant hurdles in realizing the full value of their cloud investments.

Source: ebankIT

Renowned provider of global digital banking solutions, ebankIT and Centrilogic have joined forces to offer financial institutions top-tier private and public cloud services along with cutting-edge cybersecurity capabilities.

Source: Temenos

Temenos (SIX: TEMN) today announced that it has earned the Trusted Cloud Provider trustmark from the Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining and certifying best practices to help ensure a secure cloud computing environment.

Source: Oracle

Oracle and HSBC, one of the world’s largest financial services organizations, today announced a strategic collaboration to accelerate the bank’s digital transformation.

Banco Santander has used bespoke, in-house developed software to digitise its core banking platform, already migrating 80% of its IT infrastructure to the cloud.

Standard Chartered's SV Ventures arm is launching a fintech that helps firms in regulated industries build run and deploy business applications in the cloud.

European capital market participants are calling on supervisory authorities to remove regulatory barriers to cloud adoption, arguing that broad-brush diktats on portability and multi-cloud strategies would present significant challenges to implementation by financial firms.

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