For banks and other financial institutions, there are some decisions that shouldn’t be made overnight. Uplifting your customers’ personal data, replacing your racks of infrastructure and evaluating how expensive downtime would be during the move to a cloud service, are actions that need intense scrutiny before they’re carried out.
There is a huge number of challenges faced when migrating your IT infrastructure to a cloud provider, which becomes even more critical when dealing with financial data.
Here are five cloud compliance challenges faced by the financial industry:
Taking something at face value is an easy route to take. Finding the cheapest option might please your accounts team, but at what cost? Saving a few pounds by going with a budget provider could end up as bad news, with you as the headline.
We have a solid reputation for handling payment data, bolstered by our Tier 4 Design data centre. It’s why we carry a significant amount of the UK’s transaction data. As a leading world-class cloud provider, we’re confident in giving satisfactory answers to all the above challenges to anyone considering Blue Chip Cloud.
Do some research, give yourself time to find your answer and avoid a potentially catastrophic mistake.