Key Takeaways
- The UAE sovereign cloud for financial sector, named Sovereign Financial Cloud Services Infrastructure (SFCSI), launched by the Central Bank of the UAE with Core42.
- This infrastructure centralizes financial operations, enhances cybersecurity, and strengthens resilience within licensed institutions.
- It supports secure digital platforms, multi-cloud operations, and maintains high availability for continuous service delivery.
- Advanced AI and analytics are embedded to support real-time data monitoring and automate specific financial processes.
- The system ensures data sovereignty and compliance with national regulations while protecting sensitive financial data.
The UAE sovereign cloud for financial sector has been launched by the Central Bank of the UAE in partnership with Core42. The infrastructure is officially named the Sovereign Financial Cloud Services Infrastructure (SFCSI). It is part of the Financial Infrastructure Transformation programme. The platform is designed to host critical financial systems within the country.
The system centralizes financial operations under a secure national framework. Sensitive financial data remains within UAE jurisdiction. The infrastructure enhances cybersecurity protection. It also strengthens operational resilience across licensed institutions.
UAE Sovereign Cloud for Financial Sector Supports Digital Transformation
The UAE sovereign cloud for financial sector forms part of the Central Bank’s broader modernization strategy. The Financial Infrastructure Transformation programme aims to upgrade national financial systems. It focuses on secure digital platforms and improved service capabilities.
The cloud provides a unified environment for banks and licensed financial entities. It supports multi-cloud operations within a regulated structure. High availability standards are integrated into the platform to ensure continuous service delivery.
Technology Framework of the UAE Sovereign Cloud for Financial Sector
Advanced artificial intelligence and analytics are embedded in the UAE sovereign cloud for financial sector. These technologies support real-time data monitoring and analysis. The infrastructure enables automation of selected financial processes.
Governance and regulatory oversight are incorporated directly into the system architecture. Critical workloads are isolated to reduce cyber risk exposure. The framework ensures compliance with national regulatory standards.
Data Sovereignty and Security Measures
The UAE sovereign cloud for financial sector strengthens national control over financial data. Information remains protected under domestic laws. The system is structured to secure sensitive operations.
Core42 is responsible for developing and implementing the infrastructure in collaboration with the Central Bank. Officials confirmed that the platform enhances resilience within the financial ecosystem. Additional capabilities are expected to be introduced in future phases.
Source: https://fintechnews.ae/30401/fintechdubai/uae-central-bank-sovereign-financial-cloud/
