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/ / Business Consulting

Public Cloud Governance, Risk & Controls

/ / Customer Challenge
  • A European Tier 1 bank was facing increased business pressure to enable the adoption of public cloud services (e.g. for increasing compute requirements for Monte Carlo grid simulations)
  • The bank needed to overhaul its governance processes, policies, and internal controls to cater for the cloud model
/ / How Synechron Helped
  • Synechron built a new executive governance forum specifically for cloud that integrated into the existing mature IT and Risk governance structures
  • We then embedded the Synechron cloud controls objectives into the bank’s central controls catalogue providing them a complete perspective of the shared cloud responsibility model oriented around ISO 27000 series
  • Given the tough and prescriptive nature of Singapore MAS’ TRM guidelines, we agreed with the prepare the new GRC solution with a deployment of the grid solution with a public cloud provider in Singapore
/ / Result

Client successfully deployed dev and then production application instances in the public cloud and was compliant with MAS and other global regulators.

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