Cloud technology has conquered the corporate world. According to IDG, “92% of organization’s IT environment is at least somewhat in the cloud today, as only 8% say their total IT environment is all on-premises.”1 Concurrently, an increasing number of financial services firms are turning to cloud technology to boost their efficiency, enhance their agility, and reduce their costs.
Financial organizations can now securely move their compliance recording to the cloud. But what are the key advantages of cloud compliance recording? Read on to discover five ways you can benefit from moving your compliance recording operations to the cloud.