NxtGen has launched India’s first Sovereign Financial Services Cloud (FSC), marking a major breakthrough for the Banking, Financial Services, and Insurance (BFSI) sector. Purpose-built for compliance, security, and data sovereignty, the FSC platform comes at a critical time when regulatory pressures and data localization demands are reshaping the financial landscape.
Unlike global cloud providers, NxtGen’s sovereign FSC ensures 100% data residency within India, with zero exposure to foreign jurisdictions. It aligns with over 400+ regulatory controls set by authorities like the RBI, SEBI, IRDAI, MeitY, NPCI, and CERT-In, offering financial institutions a “right to audit” and unmatched transparency at the infrastructure level.
Equipped with cutting-edge security tools — including Privileged Access Management (PAM), Database Activity Monitoring (DAM), Hardware Security Modules (HSM), and a Software Bill of Materials (SBOM) — the sovereign platform is backed by 24/7 managed compliance services and geo-redundant disaster recovery.
Already gaining traction among public sector banks, digital-first insurers, and fintechs, NxtGen’s FSC offers a future-ready, regulation-compliant, sovereign cloud solution for India’s BFSI sector. By outperforming global hyperscalers on performance and meeting strict local regulations, NxtGen’s sovereign cloud empowers Indian financial institutions to scale with security, resilience, and confidence.