Read: The Need for Digital Transformation in Finance

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A Guide to Successful Cloud Migration for Financial Firms

Countless organizations are realizing the benefits of cloud-native IT solutions and infrastructure. According to Gartner, “Successfully migrating workloads to the cloud means delivering maximum benefits with minimal effort and costs.” This applies to financial institutions (FIs) and other financial firms, where public and private cloud environments offer a host of benefits that are especially important …

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How Financial Firms Can Adopt a Cloud-Native IT Approach

Cloud-native IT infrastructure yields unprecedented benefits for financial institutions (FIs). These include hedge funds, capital management firms, and others willing to transition away from cumbersome on-premises IT infrastructure and capabilities. But not all FI leaders have a grasp on the best way to adopt a cloud-native approach, let alone yield the operational, performance, and cost …

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How SASE is Transforming Cybersecurity for Growing Financial Firms

Cybercrime remains a growing threat to financial firms, even as the methods they use to connect and do business evolve. “Financial services firms are 300 times as likely as other companies to be targeted by a cyberattack,” BCG reports. Small firms are at greater risk than others: employees at companies with fewer than 100 personnel …

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Getting On Track with Cybersecurity Compliance in Finance

Cybersecurity is critical to the success of both enterprise and growing financial firms. “Financial institutions are leading targets of cyber attacks,” says the Center for Strategic & International Studies. “Regulators are taking notice and implementing new controls for cyber risk to address the growing threat to the [financial institutions] they supervise.” These regulatory steps are …

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SEC Changes in 2022: How Private Fund Leaders Should Respond

In 2022, the SEC updated its rules and amendments to impose new, significant reporting and transparency requirements for U.S. private funds. Financial firms that are not prepared for these new requirements may face an uphill battle in transitioning to workflows that support these new functions. Fortunately, high-tech hedge funds, quant funds, and other private funds …

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The Option One Cybersecurity Briefing

By OptionOne Technologies We searched through the most popular cybersecurity websites to bring you the latest industry news, updates, and tips. Cybersecurity News Hackers Exploit TikTok Challenge to Spread Malware According to research from Checkmarx, threat actors are exploiting a popular TikTok challenge to trick users into downloading information-stealing malware, The Hacker News reported. Known …

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Apollo Managed Cybersecurity

Apollo Managed Cybersecurity from Option One Technologies Next-generation oversight, control, and support for financial institutions (FIs) Improve your firm’s security with Apollo, a managed extended detection and response technology (MXR) service designed for FIs of all sizes. A New Standard in Cybersecurity Oversight for FIs Apollo protects your entire technology ecosystem, including endpoints, cloud workloads, …

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5 Backup & Disaster Recovery Essentials for Modern Financial Firms

At Option One Technologies, we understand the unique needs of financial organizations. Our BaaS & DRaaS capabilities are purpose-built to provide firms like yours with the scalability, reliability, and security they need to protect their businesses. In this article, we share five best practices for backup and DR as they apply to modern financial firms. …

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