Strategic sourcing

Mitigating the risks of outsourcing IT infrastructure to Cloud Service Providers

By Linzi Penman on May 17, 2022

Posted in Cloud Computing, Strategic Sourcing

The European Securities and Markets Authority (ESMA) has released a working paper on financial stability risks from cloud outsourcing, accessible here. Overall, it notes that cloud can increase resilience for financial services firms, but the paper is a timely reminder that a single outage could generate simultaneous…
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UK Financial Conduct Authority new three-year strategy

By Nichola Donovan on April 21, 2022

Posted in Strategic Sourcing

The UK’s Financial Conduct Authority/FCA has recently published its three-year strategy for 2022-2025 to improve outcomes for consumers and in markets throughout the UK.

For the first time the strategy sets out the outcomes that the FCA expects from businesses across all markets. To guard against inconsistent regulation the FCA’s…
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