Enhance Data Security and Compliance Through Secure Information Exchange Continued
Centralised IT architectures can’t provide the visibility or control that banks need.
Often operating across dispersed locations, retail banks need to be able to exchange data safely and securely across the organisation, as well as being able to easily locate and share data to comply with data sovereignty regulations across regions. However, traditional architectures can’t support the secure exchange and storage of customer data. This leads to data silos which makes the sharing of compliance information across dispersed locations unreliable and slow—putting banks at risk of reputational damage, excessive fines, and wider business disruption. As many as 42% of global banking executives have said that legacy banking systems have led to the risk of regulatory non-compliance. 15
Interconnection brings data together on one global platform, to achieve greater security and compliance. Enabling banks to: Ensure secure communication and information exchange within the business and with ecosystem partners. Equinix International Business Exchange™ (IBX®) data centres serve as the interconnection hubs that allow secure and scalable data exchange. Using IBX data centres also enables direct, private access to cloud platforms and SaaS providers within Platform Equinix®. Improve compliance with data sovereignty regulations across jurisdictions . Interconnection provides one global platform for locating and sharing data across regions.
15. Capgemini Financial Services Analysis, 2020 COVID-19 Customer Survey.
12
© 2021 Equinix, Inc. & China Telecom (Europe) Ltd.
Powered by FlippingBook