Cloud Officer in Financial Institutions – Essentials

Cloud technologies are reshaping the way financial institutions operate, creating new opportunities while introducing new challenges in terms of governance, security and regulatory expectations. As the financial sector continues its digital transformation, understanding the impact of cloud adoption has become essential for professionals involved in business, risk and operational activities. Building a strong foundation in this area enables organisations to better navigate this evolving environment and make informed decisions in a rapidly changing landscape.

At the end of the course, participants will be able to:

• Acquire a foundational understanding of cloud computing principles, including service models, deployment models and key use cases in the financial sector.
• Recognise the main drivers, benefits, challenges and regulatory expectations related to cloud adoption in regulated financial institutions, with a focus on CSSF requirements.
• Understand the role of the Cloud Officer and gain awareness of core governance, risk and security considerations that support informed evaluation and oversight of cloud solutions

Cloud Basics

• Cloud Computing: Definitions & Essential Characteristics
• Service Models: IaaS, PaaS, SaaS – responsibilities and use cases
• Deployment Models: Public, Private, Hybrid, Community Cloud
• Cloud hosting vs on-prem vs hybrid IT
• Cloud governance and the role of the Cloud Officer

Regulatory Foundations

• CSSF Circulars in brief: 25/881, 25/882, 25/883 – obligations for ICT outsourcing & cloud
• Introduction to DORA – Focus on Chapter V: ICT third-party risk & oversight

Cloud Risk & Opportunity Landscape

• Key risks: concentration, data sovereignty, exit, operational resilience, subcontracting chains
• Opportunities: innovation, agility, improved security posture

This course is suitable for non-IT professionnals in finance.

No exam is available for this training course.