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Get regulation ready for today and tomorrow without doing the work of two

You don't need another you to get cybersecurity regulation ready.

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Bloomberg Article

Building the intelligent bank

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GUIDE

Explore emerging banking trends and practical strategies

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Readiness report

Identify your readiness tipping point

03 things
to know
01
85% of executives
agree that a better employee experience translates to a better customer experience and higher revenue.
Source: IDC
02
73% of CEOs
say that deriving value from data is their top priority and is essential to remaining competitive.
03
70% of CEOs
will mandate resilience to survive threats from cybercrime, severe weather, and political instabilities.
Source: Gartner

Is your institution ready for cybersecurity regulations?


Cyber regulations and guidelines compliance are pressing challenges for banking and financial services, yet many organizations may be unprepared for the looming deadlines or unaware of the steps they need to take in order to comply.


Financial institutions need a consultative partner with the perspective, expertise, and direction to help them anticipate, protect against, withstand, and recover from information and communication disruptions and threats.


Kyndryl’s integrated approach to cybersecurity and resiliency — combined with our extensive modernization capabilities — can help you achieve and surpass compliance standards while safeguarding your mission-critical systems, applications, and operations.

industry experts

Our experts, your challenges
Read the Q&A with Kyndryl expert, Robert Turner.

QHow are regulations changing the way financial institutions manage cyber security risk?

AAs financial institutions move to multicloud environments to address concentration risk, they actually open up more risks associated with compliance and security and resiliency.

Addressing these risks is critical, and the SEC now requires financial institutions to report their compliance and security posture as part of their earnings statements.

To meet these requirements, financial institutions need to prioritize third-party risk management and end-to-end compliance across their ecosystem of partners.

QWhy is there a growing focus on modernizing core system technology in the financial services industry?

AMany financial services companies have invested heavily in front-office capabilities over the past few years, but they haven't prioritized all the back-office platforms and services that are needed to modernize. That creates a lot of technology debt, which creates more fixed costs versus variable costs in their budgets.

These older technologies are harder to integrate with new services so there's a need to modernize core systems and shift from fixed cost budgets to more variable cost budgets. The modern core systems are easier to integrate and enable business partners and their firms to accelerate innovation and speed to market.
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Robert Turner
General Manager
US Financial Services
Kyndryl
Robert Turner
General Manager
US Financial Services
Kyndryl
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