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In today's rapidly evolving digital landscape, the financial services industry in Belgium faces a critical juncture regarding its cloud adoption strategy. While the allure of cloud computing – with its promise of scalability, agility, and innovation – is undeniable, the unique regulatory demands and paramount need for data sovereignty present significant challenges.

This CIONET roundtable, aims to bring together Digital Leaders from the Belgian financial sector to discuss how to navigate these complexities. We will explore how financial institutions can leverage cloud technologies while ensuring complete control over their data, maintaining compliance with stringent European regulations like GDPR and DORA, and mitigating geopolitical risks.

This session will delve into the multifaceted concept of cloud sovereignty, moving beyond just data residency to encompass operational and technological autonomy. For financial institutions, this means not only understanding where their data physically resides, but also who can access it, under what jurisdiction, and ensuring that critical operations are not solely dependent on external, potentially non-European, entities.