It's been almost 2 years since IBM announced the general availability of the industry's first financial services-ready cloud platform - IBM Cloud for Financial Services® - designed to reduce risk and innovate quickly, with ensuring controls are adhered to by the entire ecosystem. The cloud environment is focused on addressing the needs of the financial services industry for their mission-critical workloads and data protection, with built-in risk and compliance capabilities, including industry-leading security.
In the financial services industry, trust is the ultimate currency. That's why heavy oversight and regulatory requirements exist to ensure bank integrity and solvency, and every dollar of a deposit account is fully insured by the federal government. And with financial institutions needing to keep track of a multitude of regulatory bodies and various local jurisdictions, the IBM Cloud Framework for Financial Services is continually maintained to help address the needs of financial services institutions in meeting regulatory compliance, security, and resiliency from the initial deployment phase through ongoing operations. The IBM Cloud Framework provides an ideal foundational base layer to expand IBM Cloud across other industries and it's probably only a matter of time before it does. 😉
In the meantime, learn how to Make IBM Cloud for Financial Services Work for You and share your thoughts below on the future of industry clouds!
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Erick de Carty
Principal Product Manager
IBM Cloud for Financial Services
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