EBF Cloud Banking Forum Series
Between October and December 2020 members of the EBF Cloud Banking Forum wrote LinkedIn articles to raise awareness on three technical papers published by the Forum, delivering technical guidance for the adoption and usage of cloud computing under the regulatory framework in Europe.
Providing technical guidance to achieve cloud adoption at scale
Author: Julian Schmücker, Senior Adviser – Digital Innovation at EBF
To open the EBF Cloud series, Julian Schmücker explains why cloud computing is not only about data storage: it is a key enabling technology that offers computing power in an agile way and provides new infrastructure and software solutions for businesses. Read more
Harmonizing the approach to cloud adoption
Author: Rik De Deyn, Sr Director Financial Services Strategy at Oracle Financial Services
Oracle Financial Services supports the Forum’s goal to harmonize the regulatory and supervisory approach to cloud adoption in Europe, based on fundamental insights in the Forum’s technical paper on “The use of Cloud Computing by Financial Institutions.” Read more
Developing trust in the adoption of cloud
Author: Yasmine Charafeddine, Corporate Counsel – Financial Services & Privacy at Salesforce
The EBF Cloud Banking Forum and Salesforce foster trust in the adoption of cloud, offering additional guidance on cloud reporting under the European Banking Authority’s (EBA) Outsourcing Guidelines. Read more
Guiding stakeholders for cloud exit strategy testing
Author: Heather Hinton, PhD., Vice President, Distinguished Engineer, Cloud – Cognitive Software CISO at IBM
The EBF Cloud Banking Forum and IBM discuss the necessity for clear guidance on when and how to test exit plans, looking at appropriateness and sufficiency of testing, according to the Forum’s technical paper on “Cloud Exit Strategy – testing of exit plans.” Read more
Exploring cloud adoption in financial services
Author: Maria E. Tsani, Head of Financial Services Public Policy – EMEA at Amazon Web Services
As part of the EBF Cloud series, the EBF Cloud Banking Forum and Amazon Web Services explore the three key benefits that drive innovation for financial institutions. Read more
Improving risk management in the cloud
Author: Joe Tan, Product Counsel – Financial Services at Google Cloud
As part of the EBF Cloud series, the EBF Cloud Banking Forum and Google reflect on the technical paper for the Outsourcing Register (cloud-specific template) and conclude that an open dialogue is key to digital transformation. Read more
Guiding cloud exit planning
Author: Tom Deprins, Business Program Manager, CISA, CIPP/E – Global Financial Services Regulatory Compliance at Microsoft
As part of the EBF Cloud series, the EBF Cloud Banking Forum and Microsoft propose guidance for cloud exit strategies and the testing of exit plans. Read more
Promoting cloud adoption at scale
Author: Drs. Patrick Maes, Chair of the EBF Cloud Banking Forum and EBF Cloud Expert Group
To conclude the EBF Cloud series, Drs. Patrick Maes, Chair of the EBF Cloud Banking Forum and Cloud Expert Group underlines the key elements of promoting cloud adoption at scale for financial services. Read more
EBF Cloud Banking three technical papers
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More information on the cloud at EBF and the Cloud Banking Forum are available at the EBF Cloud Banking page
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For more information about the EBF Cloud Banking Forum:
Julian Schmücker, Senior Policy Adviser Digital Innovation, j.schmucker@ebf.eu