What is Cloud Concentration Risk? Since the financial crisis of 2008, regulators have been consistently working to identify emerging risks that can potentially result in financial stability events. The growth in cloud adoption across the Financial Services Industry (FSI) and the associated increase in reliance on third-party infrastructure providers has gained the attention of regulators […]
Beware the Double Shock Waves Hitting the UK & EU Financial Services Sector In addition to the very real negative impact on every person around the world, the COVID-19 pandemic is driving business disruptions and closures at an unprecedented scale. Enormous government stimulus programs are resulting in explosions in fiscal deficits, regulators are relaxing capital […]
