Lesson 5 of 5
Concentration, resilience and exit: planning for a provider that fails
Cloud services are run by a small number of large providers, and many financial institutions depend on the same ones. This lesson looks at what that concentration means for one institution and for the financial system, how institutions plan for the failure of a provider, why leaving a provider can be hard, and what a written exit plan should contain.
Published 14 October 2026 · Listen to this lesson
In this lesson
- Few providers, many customers
- Concentration seen by one institution
- Concentration seen by the supervisor
- Planning for a provider that fails
- Lock-in and the way out
- Writing the exit plan