Name: Transforming Finance in the Cloud Era: What are the Stresses and Relievers?
Start: 2024-08-20T15:00:00Z
End: 2024-08-20T15:00:57.000Z
Location: BrightTALK
Rating: 4.7

Cloud computing is a general concept that incorporates software-as-a-service (SaaS), platform-as-a-service (PaaS), infrastructure-as-a-service (IaaS) and other recent well-known technology trends in which the common theme is reliance on the Internet for satisfying the computing needs of the users.  

This channel features presentations by thought leaders who cover the key topic areas in this increasingly important field.

Join us for an in-depth webinar where we will explore the transformative power of generative AI in the highly regulated financial services industry. This session will delve into the technical and business aspects of AI and cloud integration, with a focus on compliance, talent development, data quality and accessibility, and practical implementation.

Topics:
1. Integrating GenAI in Financial Services: Understand how generative AI models can enhance financial operations within regulatory frameworks, including detailed use cases and implementation strategies.
2. Developing AI Talent: Explore approaches to building and nurturing AI expertise within your organization to maximize its potential while adhering to industry standards.
3. Data Accessibility and Security: Learn how to manage and secure vast amounts of data in the cloud (private or public), ensuring efficient, compliant, and secure AI implementations.

Key Takeaways:
1. Strategic AI Integration: Gain deep insights into effectively incorporating genAI, enhancing capabilities such as risk assessment and customer service while navigating regulatory challenges.
2. Talent Development: Discover actionable strategies for training and retaining AI talent to drive your organization’s transformation within a regulated environment and ready for the future.
3. Data Management and Security: Learn best practices for managing data in the cloud, ensuring both accessibility for AI applications and stringent security to protect sensitive information and comply with regulations.

This webinar is designed for financial professionals, IT leaders, and business strategists eager to leverage AI and cloud technologies within the confines of a regulated industry. Attendees will walk away with actionable insights and practical knowledge to implement AI solutions, ensuring their financial services are at the forefront of innovation while remaining compliant.

Harnessing AI in the Cloud Era: Transforming Finance with Gen AI

Quantum computing stands at the forefront of technological innovation, promising to revolutionize various industries, with financial services being one of the most significant beneficiaries. From automating complex trading strategies to optimizing risk management and portfolio diversification, quantum computing is set to revolutionize financial decision-making processes. Also, by leveraging the power of quantum algorithms, financial institutions can achieve unprecedented computational speeds and accuracy, enabling them to solve problems previously deemed intractable.  

In this session, Youssouf Traore (Deeptech Investor, MARTRAM Ventures) delves into the core principles of quantum computing and its applications within the financial sector. He shares real-world examples and case studies, illustrating how quantum computing is being used to enhance predictive analytics, improve fraud detection, and streamline regulatory compliance.  

Topics for discussion include: 
- The basic principles of quantum computing and how it differs from classical computing. 
- Use cases of quantum computing to transform decision-making in financial services. 
- Insights from case studies demonstrating how quantum algorithms can be leveraged in financial institutions. 
- The advantages of quantum computing in financial services and the technological and operational challenges involved in its adoption. 
- The future of quantum computing in finance and how to prepare for the technological shift. 


About the Speaker
As an early-stage investor in Deep Tech, I am an Adjunct Professor at IE Business School and IE School of Science and Technology, where I lead the "Deep Tech Venturing and Investment" elective course. I also serve as a Leadership Team Member at the Entrepreneurship Forum Spain and Board Member at the MIT Club of Spain, dedicated to fostering innovation and entrepreneurship.

Optimize Decision-Making Outcomes in Financial Services with Quantum Computing

The advent of cloud computing has ushered in a new era of financial services, characterized by unprecedented levels of innovation, agility, and scalability. As the finance sector grapples with the dual challenges of increasing regulatory scrutiny and rapidly changing consumer expectations, the cloud emerges as a pivotal force for transformation. This presentation aims to dissect the multifaceted impact of cloud technology on the finance industry, highlighting key strategies for leveraging cloud computing to foster innovation and competitive advantage.

We will delve into the core aspects of cloud-powered financial innovation, beginning with an exploration of how cloud technology is reshaping traditional banking, investment, and insurance models. We will examine case studies of fintech startups and established financial institutions that have successfully harnessed the cloud to launch innovative services, improve operational efficiency, and enhance customer experience.

Furthermore, the presentation will address the critical role of security, compliance, and data governance in cloud-based financial services. With the increasing frequency and sophistication of cyber threats, we will discuss best practices for securing sensitive financial data in the cloud, ensuring compliance with global financial regulations, and building trust with customers.

Navigating the Cloud: Driving Financial Innovation for Tomorrow’s Economy

Video: Navigating the Cloud: Driving Financial Innovation for Tomorrow’s Economy

Some multi-cloud strategies are accidental, for compliance purposes, or arise from M&A activity. But some others are deliberately aimed at driving value. The cost benefits that come with buying the cheapest services from different providers is only a small part of the value creation process. 

This webinar presented by industry thought leader Simon Ratcliffe will examine different ways some organisations have driven exceptional value from a multi-cloud approach, creating investor and shareholder value through the decisions they have made.

Join us to gain a whole new perspective on how multi cloud can not only help reduce operational costs but can shine a value creation light on the tech function.

Creating Value From a Multi-Cloud Approach

Tune into this talk from industry thought leader Atulpriya Sharma as he explores how to build a unified observability strategy using open source, cloud native tools like Prometheus, Loki, Jaeger, and Grafana. 

Attendees will learn strategies to implement a multi-cluster observability infrastructure to collect and analyze metrics, logs, and traces across your multi cluster setups. By implementing these tools and best practices, organizations can overcome the challenges of disparate data sources, inconsistent monitoring, siloed operations and get a complete view of their landscape.

Achieving 360-Degree Visibility in Multi-Cloud Setups

The rise of multi-cloud environments presents unprecedented opportunities for businesses to leverage the best features and services from different cloud providers. This talk will explore the multifaceted landscape of multi-cloud networking, highlighting the vast potential it offers for enhanced performance, cost optimization, and operational resilience.

Join us to delve into the strategic considerations and technical solutions that can help your organization navigate the complexities of multi-cloud networking, maximizing its potential while mitigating its challenges.

Key takeaways:
- Opportunities: Multi-cloud strategies enable organizations to avoid vendor lock-in, optimize workloads across different cloud platforms, and enhance service availability. By integrating multiple clouds, businesses can tailor their infrastructure to specific needs, achieving greater agility and scalability. Furthermore, multi-cloud deployments can enhance data sovereignty and compliance by distributing data across various jurisdictions.
- Challenges: Despite its benefits, multi-cloud networking introduces significant complexity. Key challenges include ensuring seamless interoperability between different cloud services, managing increased security risks, and maintaining consistent network performance. 
- Solutions: These include leveraging automation tools for orchestration and management, adopting robust security frameworks, and utilizing unified monitoring platforms to gain comprehensive visibility across all clouds. Additionally, the talk will cover strategies for optimizing network architecture to ensure high performance and reliability, and methods for effective cost control.

Multi-Cloud Networking: Opportunities, Challenges and Solutions

In the discussion, Sean Heide, Research Technical Director of Cloud Security Alliance, will cover the last Top Threats to Cloud Computing report by the Cloud Security Alliance. This document, though not a framework in a traditional sense, is a powerful research paper that outlines the cloud's top risk and threat areas as identified by the entire security community. Through extensive research and collaboration, these findings have been stripped down to be able to describe business impacts, mitigations, and lessons learned from use cases. Whether you are a seasoned veteran in this business, or just getting started on your cloud journey, you will be able to use these findings to begin to put the pieces together to enhance your security posture.

Navigating the Top Cloud Threats: A Practical Approach for Risk Identification

Today’s cloud environments are intricate, interconnected ecosystems. Identifying and tracking cloud assets are a challenge. Effectively securing them is an even more daunting task.

This webinar will take it from the top to define the problems and present prescriptive recommendations that can be implemented by organizations of all sizes.

You will learn:
- Standard cloud concepts and terminology.
- Strategies for discovering and maintaining a cloud asset inventory.
- Guidance on how to protect, detect, and respond to cloud-based incidents.

Cloudy with a Chance of Breach: Controlling Cloud Chaos and Complexity

Hybrid and multi-cloud environments, now a weapon-of-choice for many companies, are facing increased regulations with their sharp increase in use. To ensure compliance against a range of international requirements, cloud providers are now aiming to establish a joint approach with customers regarding operational resilience requirements.

So, what does this mean for companies? Organizations should ask themselves, as a starter, what their risk appetite is and if they really understand the criticality of their critical cloud services. The next steps are to consider just how they can meet the new compliance regulations for third parties, outsourced operations and cloud providers as well as what level of communications they should establish with them.

Tune into this session presented by business continuity, disaster recovery, cyber resilience and major incident expert Steve Yates, as he shares his views on managing hybrid and multi-cloud environments, in what until recently had been put into the “secret” file! Yates will explore current challenges and  provide a series of “joined-up” options to consider when managing cloud services. In addition, he will delve into the more recent compliance world, where partnerships may be the answer. Viewers are encouraged to share, in confidence, their major concerns before the presentation, if they wish to gain the most from this session.

By the end of the session, you will learn:
- The challenges you may likely encounter. 
- How to redefine your risk appetite.
- How to be conversant in a joined-up thinking approach with your cloud provider(s).

Managing Hybrid and Multi-Cloud Environments: What is the Secret?

Managing costs are one of the biggest issues within our complex cloud environment. Protecting your money is as important as protecting your data and yet few organisations have effective cloud cost management in place. FinOps has become increasingly prevalent but many of these solutions are yet another cost in themselves, so how do we put effective solutions in place using the people and processes that we already have?

There are some simple solutions that can yield significant benefits without long, involved and expensive projects involved. Join this webinar from industry thought leader Simon Ratcliffe for insight and practical tips on how you can protect your money and keep cloud spending under control, however many clouds you operate and wherever they are located

Wrapping Your Head Around Cloud Costs

Tune into this presentation from IT company founder Yesenia Yser that delves into the transformative impact of open source, AI, and cloud innovations on global supply chain security. Participants will explore recent supply chain attacks, extracting critical trends and understanding the role of cutting-edge technologies in these breaches and learn the power of open source communities and tools in fostering a collaborative approach to supply chain defense. We will also examine cloud-based innovations that offer robust protection for cloud and hybrid environments. Finally, the talk will outline effective strategies and best practices for achieving a harmonious balance between rapid technological innovation and stringent security measures, paving the way for a protected and resilient future.

Key Takeaways:
- Insights into the impact of recent supply chain attacks and the role of technology in these breaches.
- Knowledge of open source initiatives and tools enhancing supply chain security.
- Understanding of cloud innovations providing advanced protection for diverse IT environments.
- Strategies for ensuring that technological advancements in AI and cloud computing align with rigorous security standards.

About the speaker
Yesenia is a first generation Cuban American paving the way to “awaken the indomitable warrior spirit within us all’ – protecting us in both the digital realm and the physical world. International Keynote speaker specialized in Cyber Security, Software Development, Open source Software, Women in Tech, Women Empowerment, Digital Portfolio Framework, Self-Defense, and Brazilian Jiu Jitsu. With over 12+ years of experience in various Security roles, Yesenia has spent her career championing security best practices and product innovation within the Application Security space, fortifying collaboration with engineering teams, nurturing security programs and initiatives, architecting security by design, fostering open source communities and DEI communities.

Protect the Nebula: Open Source, AI, and Innovations in Supply Chain Security

Prioritizing sound security hygiene is a highly effective practice for companies to significantly reduce the risk of security incidents, but unfortunately, is often overlooked. 

In this presentation, Bojan Magusic, program manager and author of Azure Security, will share a real-world security incident (without disclosing specific details or names). He will provide an overview of the incident, including its effects on the organization, followed by a discussion of potential preventive measures. Bojan will also share trends he sees in the real world, some best practices on how organizations should approach governance, readiness, and leadership support, and more.

At the end of this session, you can expect to:
- Be able to explain why cloud security posture should be an organizational-wide priority. 
- Understand how lack of security hygiene can impact your organization and its business.
- Understand which security misconfigurations of cloud services you should prioritize and fix first. 
- Understand which cloud services are targeted more often than others, even across multi-cloud.
- Learn how to use infrastructure as code to embed security hygiene into pre-deployment.

Why Should Cloud Security Posture Be Your #1 Priority?

In today’s rapidly evolving cloud landscape, the shift towards multi-cloud environments has become increasingly prevalent. While this shift offers unparalleled flexibility and scalability, it also introduces complex challenges in data protection and privacy. This session is designed to address these challenges, providing participants with an in-depth understanding of how to navigate and secure their data across multiple cloud platforms.

This webinar will kick off with an overview of the current state of multi-cloud environments and cover,
- Unique vulnerabilities and privacy concerns that arise when dealing with diverse cloud service providers.
- Advanced data encryption techniques, emphasizing their role in safeguarding sensitive information. 
- Intricacies of data sovereignty and the complications posed by varying international data protection laws.
- Implementation of robust access control mechanisms, ensuring that the right people have access to the right data at the right time. 
- Explore effective strategies for Data Loss Prevention (DLP), aiming to prevent unauthorized access and leaks of sensitive information.
- How organizations can stay aligned with global data protection regulations like GDPR, HIPAA, and CCPA. 
- Incident response and breach notification in a multi-cloud context.

Furthermore, the session will introduce best practices for data anonymization and masking, ensuring privacy without compromising the utility of data. Attendees will gain insights into conducting thorough cloud data audits and continuous monitoring for enhanced security.

About the speaker
Elango is an CISSP certified and accomplished technology leader with 20+ years of experience building high-performance engineering organizations for high-tech and financial services businesses across multiple geographies. He oversaw several cloud implementations that meet the highest standards of security and compliance for top-tier banks across Singapore, Thailand and the United States.

Data Protection and Privacy in a Multi-Cloud Setting

In the dynamic world of cloud migration, mastering the human element is the key to success. Join us for an illuminating exploration where we'll delve deep into the intersection of technology and human behavior.
 
Through captivating storytelling and insightful anecdotes, we'll uncover the critical role of human risk management in ensuring the security and success of cloud migration initiatives. From empowering employees to fostering a culture of cyber-self defense, you'll gain invaluable insights and actionable strategies to navigate the complexities of cloud migration with confidence.
 
Whether you're a seasoned CISO or a tech-savvy professional, this presentation promises to equip you with the knowledge and tools needed to strike the perfect balance between risk and security in the ever-evolving landscape of cloud computing. Don't miss this opportunity to unlock the secrets to a successful cloud migration journey.

The Human Equation in Cloud Migration: Balancing Risk and Security

Cloud's allure is undeniable, with worldwide services projected to cross $1 trillion by 2025. But amidst the excitement, a hidden danger lurks: data loss. This rapid shift to the cloud, while inevitable, necessitates caution.

Treat your data migration like a treasure hunt, not a treasure drop. Manual processes introduce misconfigurations, which act as open doors for attackers. Every exposed weakness in your cloud becomes a potential entry point.

Don't let your cloud dreams turn into data nightmares! Security must be embedded in every step of your journey, from building applications to migrating data. Embrace the cloud's power, but prioritize its protection.

Migrating to the cloud unlocks exciting possibilities, but security concerns can quickly turn those dreams into data nightmares. This guide empowers you to navigate the migration process with confidence, equipping you with essential security tips to safeguard your valuable data and applications.

Key Takeaways:
- Understand the hidden dangers: Uncover the potential pitfalls of data loss and security breaches during cloud migration.
- Protect your precious assets: Learn powerful strategies for securing data at rest and in transit, employing encryption, and implementing robust access controls.
- Build a fortress in the cloud: Discover best practices for disaster recovery planning, backup solutions, and leveraging advanced security tools like DLP and CASBs.
- Stay compliant, avoid pitfalls: Ensure your migration adheres to industry regulations and data privacy laws, mitigating legal risks and safeguarding your reputation.

This presentation aims to empower organizations with the knowledge and tools necessary to turn their cloud migration dreams into secure and resilient realities, ensuring that data nightmares remain a distant concern.

Don't Let Your Cloud Dreams Turn into Data Nightmares: Tips for Migration

The landscape of disaster recovery is undergoing a significant transformation as cloud computing becomes increasingly central to business operations. In this context, disaster recovery strategies are transitioning also. This is not without its challenges - it involves navigating new technological terrains, adapting to different operational models, and managing the complexities of cloud environments. Once confined to self-controlled data centers, disaster recovery exercises now need to be reimagined in the dynamic and often decentralized realm of the cloud. 

In this session, Ray Holloman (Founder and CEO of Holloman Solutions) delves into the intricacies of adapting disaster recovery processes to the cloud. He will explore the unique hurdles encountered when dealing with multiple cloud providers, shed light on the integration of on-premise workloads with cloud platforms, and the discuss critical role of testing within these new environments. Moreover, Ray explores the impact of external factors such as third-party testing and the necessity of staying actively involved in the monitoring and reporting processes throughout the transition to cloud-based disaster recovery.

Key takeaways include:
- Understand the Shift: Explore the fundamental changes and challenges in moving disaster recovery strategies from on-premise to cloud environments.
- Navigate Multi-Cloud Complexities: Discover how to manage disaster recovery across various cloud platforms and integrate them with existing on-premise systems.
- Redefine Testing Approaches: Establish new testing patterns and strategies tailored for cloud-based disaster recovery scenarios.
- Key Considerations for Transition: Identify key factors that will allow you to effectively adapt your disaster recovery testing as you shift workloads to the cloud.

Cloud-Powered Disaster Recovery: Next-Gen Strategies

Cloud and Hybrid Identity Solutions for Financial Services

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AI Explainability in Finance: Why and How

Maximize Your Cloud Storage ROI, Minimize Excess Fees

How to Use AI to Drive Value in Insurance: Lessons From Zurich Insurance UK

Transforming Finance in the Cloud Era

If you work for a financial services firm or as a supplier, it is imminent you are familiar with forthcoming regulations impacting global cloud providers in 2025. These new regulations, based upon operational resilience, help prevent service failures that could lead to a ﬁnancial crisis.  

These new regulations will take effect within the European Union in January 2025 and for the U.K. in March 2025. A long time in the planning, the EU Digital Operational Resilience Act (DORA) and the UK Bank of England (BoE) Operational Resilience Policy may introduce stresses for customers and suppliers but in the long-term, offers relievers to help mitigate service disruptions. 

Tune into this session presented by business continuity, disaster recovery, cyber resilience and major incident expert Steve Yates, as he shares his views to transform ﬁnance in the cloud era. Yates will explore current global operational resilience regulations, whilst exploring the beneﬁts to cloud users and suppliers such as no need for “lock-in” contracts. In addition, he’ll provide real case studies supporting the need for such changes, and why this compliance is the only way forward. Viewers are encouraged to share, in conﬁdence, their major concerns before the presentation if they wish to gain the most from this session. 

By the end of the session, you will be able to understand:
- The scope of the changes being made and benefits they will bring.  
- Operational resilience framework to support business operations.
- How this new regulation aims to create a formal partnership between the customer and supplier.

Transforming Finance in the Cloud Era: What are the Stresses and Relievers?

Financial Services

cloud providers

Regulations

operational resilience

Business Operations

Cloud

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Transforming Finance in the Cloud Era: What are the Stresses and Relievers?

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