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Asia’s Financial Services - Ready for the Cloud

Financial regulators across the Asia Pacific region are revising outsourcing and risk management policies to facilitate agile, innovative cloud computing technologies. This infopaper by the Asia Cloud Computing Association (ACCA) maps key requirements for improving cloud computing adoption throughout the financial sector, in 14 Asian markets.

Highlights

  • Documents cloud adoption processes, contracts and security
  • Updates financial services regulations for cloud computing in Asia Pacific
  • Addresses national payment gateways, data use limitations and business continuity

The Asia Cloud Computing Association (ACCA) released its report on cloud-relevant regulations in the Financial Services Industry in March, 2015. The report compared regulations in 14 Asia Pacific markets, including processes for adopting cloud, contracts for cloud services, data location, data use limitations, security, data segregation, business continuity, and audit, review and monitoring.

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