CIO OPINION
While the good news is that public cloud providers offer native networking and security capabilities that suffice for many use cases in multicloud environments , notable gaps do exist .
For example , when your applications get scaled across environments it can ultimately lead to having less granular control over your portfolio performance and a lack of ability to manage consistent security policies across different cloud providers .
Secure multicloud networking services
To fill these gaps , technology leaders are turning to new secure multicloud networking services , SMNS . This signifies a paradigm shift in how financial services can use innovative solutions to greatly enhance their application delivery and security capabilities in a multicloud era .
As institutions expand and scale applications across clouds , there is a risk of increasing complexity , losing visibility , and ultimately having less granular control over the portfolio . In fact , the SOAS report found that 9 of 10 organisations report multicloud challenges , including complexity of tools , troubleshooting procedures , and APIs .
SMNS emerges as a strategic choice for financial services technology leaders seeking to simplify the complexities associated with multicloud management .
With better simplification , like an API-first infrastructure solution that can offer a unified interface , financial services institutions gain more control over their entire application stack with solutions that are platformindependent . This also enables policy governance through automation and accelerated fault remediation .
Agile tools
Legacy security solutions are struggling to keep up in the multicloud era . In a Cybersecurity Insiders report , 78 % of respondents said traditional security solutions do not work for the cloud . To put it simply , financial services security teams need agile tools that work in any environment that help simplify their user experience . This allows them to focus on stopping threats across their distributed architecture .
The adoption of SMNS simplifies the implementation of security by providing end-to-end , cloud-based centralised management of security policies across distributed environments . For example , when you need
71 % of financial services organisations have embraced multicloud approaches to meet their diverse needs .
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