Google Cloud announced that it has successfully completed its joint audit of financial services institutions in Taiwan for three consecutive years, following its first audit in 2023. This year, the audit will be expanded from last year's Singapore cloud region to include Japan cloud regions, further assisting Taiwan's financial industry in building multi-regional strategies, enhancing operational resilience, and supporting overseas business expansion.
Establishing a multi-regional strategy to strengthen operational continuity
A highlight of this year's review was the inclusion of the Google Cloud Japan region for the first time, signaling that customers' expectations for Google Cloud have expanded beyond local service provision to include it as a key partner for global operations. By encompassing multiple cloud regions, including Taiwan, Singapore, and Japan, financial institutions can deploy service resources under the same security controls, mitigating the impact of natural disasters and geopolitical risks while ensuring business continuity and data security.
The audit results not only demonstrate the feasibility of a multi-regional strategy, but also provide stronger compliance protection for the financial industry in a highly regulated environment.
Assist in expanding international business
This expanded audit scope also significantly supports Taiwanese financial services institutions planning to accelerate their overseas expansion. Leveraging Google Cloud's multi-region infrastructure, businesses can streamline international business expansion, ensure consistent regulatory compliance and service standards across borders, and accelerate the implementation of regional growth strategies.
Joint audit model deepens industry cooperation
The "Joint Review" mechanism promoted by Google Cloud helps multiple financial institutions fulfill their due diligence obligations through a single, in-depth process, meeting the "Risk-Based Due Diligence" standards required by the Financial Supervisory Commission. The annual growth in the number of participating financial institutions demonstrates the industry's growing trust in this model and underscores Google Cloud's evolving role in the digital transformation of the industry, from technology provider to long-term strategic partner.
Supporting the digital future of Taiwan's financial industry
Google Cloud said that it will continue to collaborate with customers and regulatory authorities in the future to provide transparent and verifiable security and regulatory compliance mechanisms to help the financial industry maintain competitiveness and resilience in a rapidly changing market, and jointly create a safe and reliable digital financial future.
