Compliance
For decades, the financial services industry has been navigating the complex landscape of global regulations. Each year seems to introduce new regulations, often spurred by emerging technologies and nation states seeking to recognize the new risks at play. Today, most Chief Information Security Officers (CISOs) consider AI as the most pressing tech space requiring deep regulatory understanding and a thoughtful approach, to be compliant with existing and emerging regulations. Before AI, the emphasis was on privacy rights as they applied to technology and the controls and expectations delivered by the regulations. Before that, financial services organizations used cloud to reduce costs and remain innovative. Further, they had to remain vigilant and educated on the new risks and mitigation strategies arising because of the migration to cloud. The trend of compliance, regulations, and the common theme of remaining secure and protecting key assets and data, might never end. It can veer in new directions forcing industry stakeholders to account for new risks. Further, the trend keeps pace with new challenges and continue to encourage innovations needed to address those risks and challenges.
Microsoft Cloud for Financial Services aims to make you aware of various compliance regimes, regulatory requirements, and security controls. It also provides capabilities to help your organization implement the most current, efficient, and effective IT risk management strategies.