Tag: AuditReadiness

When a financial institution moves Jira, Confluence, or Jira Service Management into the cloud, part of the operational burden shifts to the provider. Atlassian runs the platform and maintains the underlying infrastructure. Meanwhile, the customer gains the service capabilities that come with software as a service (SaaS). However, moving to the cloud does not eliminate the institution’s responsibility to manage technology risks and meet regulatory requirements.

Fiscal pressure and rising scrutiny are reshaping procurement into a value-driven discipline. Global public procurement spending is estimated to account for around 12% of GDP in Organisation for Economic Co-operation and Development (OECD) economies. This underscores the scale and strategic importance of how governments and organisations spend money.