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NxtGen unveils India's first financial cloud
Financial Express Chennai
|April 23, 2025
NxtGen announced the launch of its Financial Services Cloud (FSC) targeted towards the banking, financial services, and insurance (BFSI) sector.
CLOUD SERVICES PROVIDER
NxtGen FSC caters to the sector's need for localised, regulation-compliant cloud infrastructure. It offers built-in compliance and security measures, while also adhering to data sovereignty and residency mandates outlined by law.
The BFSI sector currently has to comply with more than 400 regulatory controls and oversight from six different governing bodies, including RBI, SEBI, IRDAI, MeitY, NPCI, and Cert-In.
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