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Bank IT compliance: how financial services can stay compliant

Bank IT compliance: how financial services can stay compliant

Making The Cloud Pay | Global Finance Magazine

Advertisement The ability of cloud-based systems to deliver faster payments and treasury insights took on added importance during the pandemic. May 03, 2021 Samuel Guillon knows firsthand the pandemic challenges faced by corporate finance officers. He was working as CFO of Colas, a global road and transport construction group, in the early days of the pandemic, when “even the largest companies in the world were in fear of being bankrupt.” “Nobody could have said before that all operational cash flows will stop flowing overnight,” he says, thinking back on it. “But that was my case as a CFO. I’d been doing simulations for weeks to check that we were not going bankrupt.”

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