Companies that are considering moving to a cloud computing model need effective metrics and analytics to help guide their decisions. This cloud framework is designed to help assess the financial risks of moving to the cloud.

This paper is aimed at private or public entities with more than 500 employees, and considers risk from their perspective

This guide takes organisation through five-stages:

Identify key categories of risk for IT services clients.

1. Categorise potential types of loss and costs typically linked to IT service failure.
2. Quantify areas of financial impact.
3. Allocate cost of a risk event between the customer and cloud provider.
4. Determine the likelihood of a risk event occurring.

Marsh Risk Consulting (MRC), a business unit of Marsh, is dedicated to providing clients with strategic advice and innovative solutions across a comprehensive range of insurable and non-insurable risks. MRC helps boards of directors, senior executives, operational and business leaders, and risk managers understand risk’s impact on performance, how to reduce the cost of risk, and how to monitor and manage it effectively.