Cloud Solutions for Financial Services - The Risks & Regulations Explored
Available to view from 23 Apr 2025
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Cloud Solutions for Financial Services - The Risks & Regulations Explored
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Introduction
Cloud is now being adopted all over the financial services sector.
Fintech is powered by cloud and more traditional financial services institutions are migrating away from legacy, on-premises infrastructure to embrace cloud.
While cloud can provide more agile solutions and promote innovation in financial services, it is also important to consider the regulatory context and risks associated with cloud.
This short webinar will provide a summary of cloud solutions and the associated legal issues for financial services institutions.
It is suitable for risk and regulatory professionals as well as outsourcing, technology, and other transactional lawyers.
What You Will Learn
This short webinar will cover the following:
- Key characteristics of cloud services (e.g. how are they distinct from software licensing and other technology services arrangements)
- Key negotiation issues:
- Variations to the services
- Suspension rights
- Termination of services
- Limitations and exclusions
- Regulatory framework for FS entities:
- Cloud services as a form of ‘outsourcing’
- PRA supervisory statements re outsourcing and operational resilience
- Impact of DORA
This pre-recorded webinar will be available to view from Wednesday 23rd April 2025
Alternatively, you can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email [email protected] for more details.
