Meet FinTech Compliance Mandates with Thrive’s Tailored IT Platform
Financial services firms have an abundance of responsibility and challenges when it comes to information technology. Thrive’s FinTech Platform helps organizations manage and solve those IT challenges while also maintaining industry compliance mandates.
Through decades of experience and knowledge of the industry, Thrive utilizes SEC, FINRA, and SIPC guidances, risk alerts, and observations when developing an actionable IT and cyber security plan. Furthermore, Thrive is the ideal partner to assist alternative investment firms to evolve beyond on-premise architectures and capitalize on the compliance-friendly Cloud.
The On-Premise Model Shifts
Historically, emerging Cloud architecture has given organizations pause. However, the on-premise model is becoming unsustainable and COVID-19 is exponentially accelerating that process. During the last year, I’ve talked to financial services organizations with a server cabinet in the office who had to spend support time on physical infrastructure and server issues. Others have required upgrades to VPN licenses or requested more bandwidth to ensure efficient remote access. That time and money would have been better spent developing a future-proof Cloud architecture.
Rather than investing in aging infrastructure, it makes much more busin