The Cost of Doing Nothing: Public Cloud

The financial services industry operates in a dynamic regulatory environment that requires constant focus and adaptation. Against the backdrop of evolving regulations, information security, and privacy laws, the increased use of new communications tools and devices are contributing to the transformation of compliance — and legacy archiving systems aren’t able to keep up.

But even with the latest advancements in cloud technology and capabilities, why are so many financial services firms slow to migrate their compliance and discovery workflows to the public cloud? In this guide, we look at some of the challenges holding back key stakeholders in financial services firms.