Navigating data residency for financial services: essential compliance strategies
Financial institutions handle vast volumes of sensitive customer and transactional data. With the growth of digital banking, cloud adoption, and global operations, the risks of storing and processing data beyond national borders have intensified. These institutions continually face the challenge of balancing digital innovation with stringent regulatory compliance. At the core of this challenge lies data residency. As regulations tighten worldwide and jurisdictions assert control over digital data, financial institutions must respond quickly.
