WHITEPAPER
Build a foundation for operational resiliency in financial services
New approaches to operational resiliency are needed in a digital, cloud-based world
In response to increasing demand and changing market conditions, financial services organizations are rapidly expanding their digital services, moving an increasing number of applications to third-party platforms and services like public clouds. In fact, 45% of financial firms have a multicloud strategy in place and use an average of three public cloud vendors. 1
As a result, firms' reliance on third-party vendors continues to grow. By 2025, it is expected that 54% of financial firms applications will run in a public cloud, 2 and many organizations already run critical applications in public cloud environments.