IBM Cloud for Financial Services is a first-of-its-kind cloud designed to help financial institutions (FI) modernize faster by mitigating risks and accelerating cloud adoption for even the most sensitive workloads. With security and controls built into the platform—not just offered as tools or DIY features—FIs can automate their security and compliance postures, making it easier for FIs and their digital supply chain partners to simplify risk management, demonstrate regulatory compliance and speed innovation.
Central to IBM Cloud for Financial Services is the IBM Cloud Framework for Financial Services, which provides a common set of automated, preconfigured controls that are applied across IBM Cloud services, third-party applications and financial-institution workloads. Created in collaboration with major FI experts, the controls are designed to align with industry standards and global regulatory bodies. The framework is frequently validated with advice from the IBM Financial Services Cloud Council and guidance from Promontory Financial Group®, an IBM company and a global leader in regulatory compliance consulting.
The IBM Cloud for Financial Services Agreed Upon Procedures (AUP) Report was commissioned by IBM and completed by a “Big Four” public accounting firm in accordance with the American Institute of Certified Public Accountants (AICPA). The report demonstrates to IBM Cloud for Financial Services clients that IBM Cloud services have been implemented against, and adhere to, the IBM Cloud Framework for Financial Services technical, administrative and physical control requirements.
To request a copy of the report, please contact your IBM representative.
Services
- IBM Cloud Activity Tracker Event Routing
- IBM Cloud App ID
- IBM Cloud Backup for VPC
- IBM Cloud Bare Metal Servers for VPC
- IBM Cloud Block Storage for Virtual Private Cloud (VPC)
- IBM Cloud Block Storage Snapshots for VPC
- IBM Cloud Code Engine
- IBM Cloud Container Registry
- IBM Cloud Continuous Delivery
- IBM Cloud Direct Link Connect (2.0)
- IBM Cloud Direct Link Dedicated (2.0)
- IBM Cloud DNS Services
- IBM Cloud Flow Logs for VPC
- IBM Cloud for VMware Solutions
- IBM Cloud Hyper Protect Crypto Services
- IBM Cloud Object Storage
- IBM Cloud Platform – Core Services components: IBM Cloud Account Management and Billing (AMB), IBM Cloud Command Line Interface, IBM Cloud Console, IBM Cloud Global Catalog, IBM Cloud Global Search and Tagging, IBM Cloud Identity and Access Management
- IBM Cloud Satellite
- IBM Cloud Schematics
- IBM Cloud Secrets Manager
- IBM Cloud Security and Compliance Center
- IBM Cloud Service Endpoint
- IBM Cloud Transit Gateway
- IBM Cloud Virtual Private Cloud (VPC)
- IBM Cloud Virtual Private Cloud (VPC) - Load Balancer for VPC: Application Load Balancer and Network Load Balancer
- IBM Cloud Virtual Private Cloud (VPC) - VPN for VPC Site-to-site gateway and Client-to-site-server
- IBM Cloud Virtual Private Endpoint for VPC
- IBM Cloud Virtual Server for Virtual Private Cloud
- IBM Cloud Virtual Server for VPC - Auto Scale for VPC
- IBM Cloud Virtual Server for VPC - Dedicated Host for VPC
- IBM Event Streams for IBM Cloud (Enterprise)
- Red Hat OpenShift on IBM Cloud
The guide maps out selected EBA, EIOPA and ESMA provisions to IBM references, showing how IBM supports clients in meeting featured guidelines.
An interesting new report validates that IBM Cloud services are implemented against, and adhere to, the IBM Cloud Framework for Financial Services.