In this article, GreySpark Partners, in association with ITRS, explores the manifestations of cloud and the challenges of managing and monitoring today’s complex IT environments.

IT failures, outages and SEV 1 incidents are on the rise, with one in five organizations suffering a “serious” or “severe” outage in the past three years. So, regulators are demanding better operational resilience from financial services institutions.

Hedge funds rely on generating alpha to attract investment and satisfy existing investors. So, the last thing a hedge fund needs is a technology failure, causing it to miss revenue-generating opportunities.

Today’s financial services firms must be able to understand and manage the unknown and unusual events and risks that these environments can produce. For this they require observability.

In this eBook, ITRS examines how real-time, end-to-end monitoring of their complete IT stacks can give investment banks the edge – not just to weather the storm, but to profit from it.

To be competitive, financial services firms must resolve IT issues immediately and predict and prevent the problems that may occur in the future - ensuring they don’t happen again. But modern IT, spanning on-premises legacy systems to cutting-edge dynamic cloud environments, creates a new brand of complexity.

A whitepaper from GreySpark, commissioned by the ITRS Group, said that the recent avalanche of regulatory activity relating to operational resilience is a call to action for every firm. It is time for every company to update – or create – their operational resilience practices and policies.

The pressure on financial services organisations has been ramping up around the world and the Asia-Pacific region is no exception. In fact, we've been seeing repeated calls for a more robust approach to operational resilience and new regulations have been announced in some key markets in the region.