MarketingJanuary 4, 2022by Marketing-automationFast forward: How cloud computing could transform risk management

At a time when risk management leaders are being asked to process greater amounts of data in shorter amounts of time, cloud computing with Microsoft 365 could unlock considerable benefits. Learn how decision makers in banking—an industry known for its reluctance in the transition to cloud—are now migrating to a cloud-enabled platform to streamline upgrades. Instead of spending time and effort configuring new capabilities on disconnected legacy systems, risk teams let their technology partners manage both the software and hardware upgrades.

Attitudes toward the shift to cloud computing are changing—even in the banking world, which has been reluctant to make the transition from on-premises to the cloud due to customer data security concerns. The chief information officer (CIO) at the Federal Reserve Bank of Boston noted recently that ignoring the cloud may introduce security vulnerabilities as on-premises vendors discontinue support for their products. Learn what executives are saying about how and why risk management needs to act now. Get up to speed on the benefits across the six stages of the life cycle for risk model development, and how Microsoft 365 can help build cloud computing infrastructures.
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