As financial institutions migrate to cloud, they must focus on a number of areas when designing a proper migration strategy. Many concentrate solely on economics or security, but for anyone who is regulated or just well-managed, a review of the GRC framework should be a priority.
The most significant challenge for any organisation is admitting the need to do things differently. No matter how well the business is managed outside the cloud environment, the people, processes and technology affected by the migration require an objective review of current controls.
This white paper examines how a comprehensive review of a firm’s GRC framework can help deliver enhanced reporting and transparency, increasing the pace of innovation and adoption.