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Cloud adoption in Financial Services: A legal operations imperative

Leading financial institutions are moving legal workflows to the cloud to improve agility, strengthen governance, and prepare for the next generation of AI-enabled innovation.

Financial institutions face increasing pressure to manage legal and regulatory data effectively. As communication channels expand, data volumes grow, and compliance requirements evolve, traditional approaches are becoming harder to sustain. Legal teams need faster access to information, greater operational flexibility, and better ways to transform data into actionable insights.

Developed in collaboration between Relativity and KPMG LLP, this eBook explores why financial services organizations are moving legal workflows to the cloud. It examines common myths surrounding cloud adoption, the challenges of maintaining legacy environments, and the opportunities created by modern legal data platforms. The result is a more agile approach to legal operations—one that helps organizations improve efficiency, strengthen governance, and prepare for an AI-enabled future.

Cloud adoption is enabling legal teams to spend less time searching for data and more time generating actionable intelligence.

Matthew R. Birnbaum

Managing Director, KPMG LLP

Modernize legal operations for what’s next

See how cloud-based legal workflows can help financial institutions strengthen governance, improve efficiency, and prepare for AI-enabled transformation. 

What you'll learn:

  • Why financial services organizations are moving legal workflows to the cloud and how leading institutions are approaching cloud migration
  • Common concerns about security, governance, compliance, and migration risk, and how cloud-based platforms help address them
  • The hidden costs and operational challenges associated with legacy on-premises legal technology environments
  • How legal data intelligence helps organizations improve e-discovery, investigations, regulatory response, and legal operations
  • How AI-enabled legal technologies are transforming legal workflows and helping teams unlock greater value from legal and regulatory data

Meet the team

Image of David Nides
David Nides
Principal, Advisory, KPMG US

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