GreySpark Analyst Report
Communications Surveillance in the Cloud
The adoption of cloud services to streamline financial firms’ communications surveillance is increasing. The Covid-19 pandemic acted as a catalyst in the financial services sector for technology changes that were already in play. The security challenges that previously hindered the adoption of cloud models have receded due primarily to the maturity of cloud providers’ security posture and a better awareness of the risks by financial institutions.
GreySpark’s report found that cloud-based communications surveillance platforms are increasingly attractive to the financial services sector because:
- On-premise data storage is expensive
- Scaling is faster and more efficient
- Machine learning and AI can be applied to larger datasets
Download the report to learn more.