skip to main content
Close Icon

In order to deliver a personalized, responsive service and to improve the site, we remember and store information about how you use it. This is done using simple text files called cookies which sit on your computer. By continuing to use this site and access its features, you are consenting to our use of cookies. To find out more about the way Informa uses cookies please go to our Cookie Policy page.

Global Search Configuration


Box, a public cloud provider targeting the enterprise sector with file sync and share and content collaboration products, has announced a “Box for Financial Services” initiative. This research note looks at the challenges for the public cloud model in this sector and the steps taken by Box to tackle them, and examines the need for institutions to provide this type of service to employees.


  • Box for Financial Services is its core platform enhanced with new capabilities based around retention management, FINRA compliance for non-rewriteable/erasable record-keeping, and watermarking to improve audit traceability for shared documents, as well as its Enterprise Key Management service.

Features and Benefits

  • Assesses the need for enterprise file sync and share and content collaboration platforms, and the advantages of a cloud approach.
  • Considers why financial institutions should look at providing enterprise content collaboration.

Key questions answered

  • How is Box developing its service to meet needs of the financial serivces sector?
  • What measures need to be considered in using public cloud in financial services?

Table of contents

Ovum view

  • Summary
  • Compliance, risk, and audit concerns have driven institutions’ private/hybrid cloud approach to file sync and share
  • Box addresses compliance and audit requirements to facilitate institutions’ adoption of its public cloud service
  • Institutions need to tackle compliance risk by providing enterprise-class content collaboration capabilities


  • Further reading
  • Author

Recommended Articles


Have any questions? Speak to a Specialist

Europe, Middle East & Africa team - +44 (0) 207 017 7700

Asia-Pacific team - +61 (0)3 960 16700

US team - +1 646 957 8878

+44 (0) 207 551 9047 - Operational from 09.00 - 17.00 UK time

You can also contact your named/allocated Client Services Executive using their direct dial.
PR enquiries - Call us at +44 7770704398 or email us at

Contact marketing -

Already an Ovum client? Login to the Knowledge Center now