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Are the Canadian risk / compliance based industries ready for the cloud?

TNG Financial Software Inc

As reported via Marketwired on January 13, 2015; 46% of the Canadian accounting firms surveyed, feel in the not too distant future they can “foresee a time when my company works 100 per cent through online and collaborative tools.”

So is this the one of the final frontiers of cloud acceptance? Are the Canadian risk / compliance based industries ready for the cloud? Is the cloud ready to give them what they want?

As reported via Marketwired on January 13, 2015; 46% of the Canadian accounting firms surveyed, feel in the not too distant future they can “foresee a time when my company works 100 per cent through online and collaborative tools.”

So is accounting, along with finance, insurance, legal and medical that make up a large portion of the risk / compliance based vertical in Canada, looking for a solution that hits all their pain points as it relates to customer interaction via the cloud? I think so. As reported in the attached news release, Canadian accountants surveyed crave the cloud based tools and platforms to enable them to be more of a trusted advisor to clients but very few of them have adopted any (only 37% versus 55% in the US). Why the lag in Canada? What is holding back Canadian accountants and possibly other Canadian based risk / compliance groups? Are they more risk adverse? Is it just the “conservative Canadian way of doing business? Are they leery about their cloud systems being supported off-shore and thereby exposing their client’s data to unknown entities in 3rd world countries? Or possibly an even worse scenario; access by US government agencies via the Patriot Act? Lots of questions, but in my opinion no real options or solutions given in the news release by this US based cloud Software Company.

All too often, we see solutions via cloud based apps such as Salesforce or Sage data cloud that while they might address a singular discipline or possibly a few multiple disciplines via hooks, we never see them coming out with a solution that allows a company to keep their existing software solutions with their unique customizations. It is always you the customer that these providers insist conform to their platforms, not the other way around. I think this is wrong.

Coupled with that is the desire here in Canada for a highly secure solution that is based in Canada, hosted in Canada and fully supported in Canada. Something very few offer.

That is why TNG Networks began offering TNG Cloud Workspace. A Canadian based highly secure virtual desktop and server environment that is easy to use from virtually any device. TNG Cloud Workspace, hosted in one of the most secure data centres in Canada with ALL of the customer support systems from implementation to 1st level all the way to 3rd level support situated inside Canada. A customer’s data never leaves Canada or maintained by any systems technician outside of Canada, it is protected from theft, loss or destruction by TNG’s BCP (Business Continuity Plan), in short it is a solution that takes the pain and worry away from the risk / compliance based industry here in Canada.

Never again would a risk / compliance based consultant have to worry about their customers data being lost on a stolen laptop or destroyed while sitting in an on premise server. The pain points that block the Canadian based risk / compliance consultant moving to the cloud is removed with TNG Cloud Workspace.

It’s time Canadian accountants along with their counterparts in all the risk / compliance based industries get the tools to expand their practice by using Canadian based platforms such as TNG Cloud Workspace.

It’s time for the Canadian risk / compliance industries to catch up to their US counterparts.