Understanding Data Management in the Face of Changing FSI Compliance Laws
Financial Services Institutions (FSIs) face increasing challenges due to changing compliance laws and regulations, which require them to enhance their resilience and protect their operations and customers against misadventure or attack. Data management is a significant focus for new and evolving regulations as governments aim to increase protections for citizens' data by bringing decision-making and access rights within jurisdictional boundaries. These changes coincide with changing consumer demands and expectations, which call for greater security of data and always-on access. The right technology partners can help FSIs prepare for risk events, maintain data flow, and adhere to new compliance laws and regulations while ensuring consumers have an optimal experience.
Company
Aiven
Date published
May 20, 2024
Author(s)
Michael Coates
Word count
1696
Language
English
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