Concourse Labs Releases Out-of-the-Box Cloud Governance, Security, and Compliance Solution for Financial Services Institutions
Summary
However, regulatory, privacy, and compliance challenges associated with large amounts of sensitive financial customer information continue to hinder the pace of change needed for innovation. As one of the most heavily regulated sectors, security, risk and compliance, ecosystem management, integration, and the lack of control plane architectures remain the key barriers to success in advancing public cloud maturation in financial services. Customers typically began seeing their first cloud compliance reports within the first day after deployment, allowing them to understand their current risk posture and build a remediation plan. “The financial services industry is going through an exciting period of technology innovation that is creating incredible opportunity, but which also presents an existential source of risk,” said Don Duet, Concourse Labs CEO. With this launch, Concourse provides financial institutions with a complete out-of-the-box solution to comply with regulators’ requirements for cloud security, risk management, and governance.