Cloud without crisis: Building resilience in a high-risk environment

Join us for the next webinar in our FS Breakfast series, where we will explore how financial services firms can strengthen cloud resilience in the face of increasing regulatory scrutiny and operational risk, with market trends and practical strategies to prevent outages and manage incidents.

As firms migrate core systems to the cloud, reliance on third-party providers grows, and a single failure can trigger a ripple effect, with significant reputational, financial and regulatory repercussions. With high-profile incidents (such as bank system outages, AWS outages, Cloudflare etc.) causing major disruption and hitting the headlines, cloud resilience has become a critical concern for boards and regulators alike, driving regulatory focus on operational resilience and the upcoming designation of critical third parties.

In this session, experts from our Technology and Regulatory teams will examine:

• Strategic Preparation: practical insights for embedding resilience into cloud strategy;
• Resilient Contract Provisions: market trends on key clauses (e.g. service levels, BCDR, suspension rights) to strengthen resilience;
• When Cloud Fails: trends on contractual levers for managing incidents (e.g. reporting, recoverable losses, termination);
• Incident Response: best practices for responding effectively to cloud incidents and liaising with regulators.

If you have any queries about this event, please contact our Events team.