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The financial services industry is perhaps the most highly regulated in the world. In the U.S., banks must comply with at least 10 major regulations at the federal level alone, and the rules are constantly changing.
And although enterprises are quickly moving to the cloud, cloud computing complicates the situation by spreading responsibility for meeting regulatory goals across multiple cloud platforms and applications, not all of which the customer can control.
So how, then, are financial services firms to migrate to the cloud in a secure and compliant manner? Read this IBM white paper to see some suggestions.