Cloud Metrics Model Whitepaper

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Cloud Metrics Model Whitepaper 

Tue August 29, 2023 11:25 AM

While many Financial Institutions are increasingly looking to reap the benefits of cloud computing, there are still several challenges and decisions that organizations wrestle with.

Without a holistic way of reporting metrics such as key performance and risk indictors in cloud, financial institutions often struggle to track and articulate key considerations:

  • Are risks being recognized, managed, and reported properly? To the right audience?In a timely manner?

  • Can organizations demonstrate strong governance and compliance in their cloud environments?

  • Is the business meeting organizational goals?

This whitepaper outlines a metrics model, an initiative of the IBM Financial Services Cloud Council, that is designed to create an industry-recognized method to measure and report the risk level of hybrid-multi cloud operations. With the recognition that organizations may have differing risk tolerances and appetites, this menu of metrics creates a tailorable, digestible approach to reporting cloud related metrics.


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#financial-services
#Banking

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Cloud Metrics Whitepaper   1.15 MB   1 version
Uploaded - Tue August 29, 2023
While many Financial Institutions are increasingly looking to reap the benefits of cloud computing, there are still several challenges and decisions that organizations wrestle with. Without a holistic way of reporting metrics such as key performance and risk indictors in cloud, financial institutions often struggle to track and articulate key considerations: Are risks being recognized, managed, and reported properly? To the right audience?In a timely manner? Can organizations demonstrate strong governance and compliance in their cloud environments? Is the business meeting organizational goals? This whitepaper outlines a metrics model, an initiative of the IBM Financial Services Cloud Council, that is designed to create an industry-recognized method to measure and report the risk level of hybrid-multi cloud operations. With the recognition that organizations may have differing risk tolerances and appetites, this menu of metrics creates a tailorable, digestible approach to reporting cloud related metrics.
 
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