Digital sovereignty in the banking industry

Source: Red Hat Blog

A decade ago, neither nations nor financial institutions considered digital sovereignty a top priority, nor was it even relevant enough for a coffee discussion in most cases. Supply chain globalization was the mainstream for most procurement categories, and where and what to outsource was simply a matter of buying the best possible product or service at the best possible price, shaped only by existing sanctions, regulations, and other operational risks, such as having a backup vendor ready for critical supplies. Examples of such a global supply chain with an extremely high degree of specialization…