Microsoft applauds the European Banking Authority’s revised Guidelines on outsourcing arrangements which, in part, addresses the use of cloud computing.
“The EBA framework is a great step forward to help modernize regulation and take advantage of cloud computing,” writes Microsoft Assistant General Counsel Dave Dadoun in a post on Transform.
“Because this is such an important milestone for the financial sector, we wanted to share our point-of-view on a few key aspects of the guidelines, which may help firms accelerate technology transformation with the Microsoft cloud going forward,” he says.
To learn more, read Dadoun’s post on Transform.