The European Union’s (EU’s) Digital Operational Resilience Act or DORA is a key milestone for the future of the cloud in financial services. It acknowledges the vital role cloud technology plays in ...
The capital markets’ march to cloud has produced an uneasy reliance on Big Tech. With so many banks and marketplaces relying on so few cloud providers, potential failings and hackings could impact ...
The European Central Bank (ECB) has published its Guide on outsourcing cloud services to cloud service providers (the "Guide") clarifying how banks are expected to comply with obligations under the EU ...
Some industry associations have raised concern that the European Central Bank’s cloud outsourcing guidelines—published in June—run counter to the requirements in the EU’s Digital Operational ...
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