Amidst a global crisis, the role of financial institutions is fundamental, as all of them must reinvent themselves while implementing new services in weeks instead of years.
With an ecosystem of financial institutions and more than 100 independent software vendor (ISV) partners and SaaS providers, IBM Cloud for Financial Services™ offers a new generation of cloud for companies managing regulated workloads, such as banks, insurance companies and other financial institutions. It delivers the industry controls required to operate securely with sensitive data in a public cloud and to transact with confidence.
“…There’s a trustworthiness built into the IBM brand that you can’t get with any other cloud provider…” – Anders Nordkvist, Founder and CEO, Asteria AB
A global leader in regulatory compliance consulting
IBM worked with IBM Promontory®, a global leader in regulatory compliance consulting, to develop a set of cloud security and compliance control requirements as the basis of its policy framework, allowing financial institutions to safely host key applications and workloads.
Enforce the security and compliance posture across their workloads
The IBM Cloud® Security and Compliance Center dashboard and platform enables clients to define compliance profiles and continuously monitor and enforce the security and compliance posture across their workloads.
Keep-your-own-key (KYOK) encryption capabilities and remove vendor lock in
Only the IBM Cloud Hyper Protect Crypto Services offering features are backed by the highest level of security certification (FIPS 140-2 Level 4) commercially available. Additionally, IBM Cloud is open so allows integration with other core processes and data and avoids any vendor lock in.
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Financial institutions can now confidently host key applications and workloads and add value for their clients.
Be the innovator and quickly introduce innovative business models with low investment, enrich the customer experience by accelerating product innovation to meet your client’s changing needs.
Compliance and Security
The IBM Cloud Policy Framework for Financial Services uniquely enables a collaborative model for implementing security and compliance. The policy framework delivers the industry-informed controls required to operate securely with bank-sensitive data in the public cloud. It provides common operational criteria and a streamlined compliance controls framework for FIs, allowing IBM’s growing financial services ecosystem to transact with confidence.