By using another US hyperscaler for your backup platform you're still unhedged against US governance failure/breakdown.

ifwinterco 14 hours ago | parent | next [-]

You have no choice really if you’re a UK business, there is no UK (or French, or German, or Japanese for that matter) cloud that can do what AWS or GCP does

	▲	guiriduro 12 hours ago \| parent [-]
		Really? None other than Airbus chose Scaleway (a personal favourite) for their migration of core services off AWS. There's also Hetzner, OVH, NetCUPs etc. I'd agree they're not AWS/GCP scale (yet) but as more big names move for reasons of EU sovereignty that multiplies available capital and soon they become hyperscale themselves. And sovereign.

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sdcfgy a day ago | parent | prev | next [-]

An increasing risk for sure.

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lmz a day ago | parent | prev [-]

Surely by being a bank, you are already exposed to that.

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guiriduro a day ago | parent | next [-]

Exposed yes, but not fatally if you're working with alternative de-dollarised banking systems in the eurozone, for example.

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lmz 19 hours ago | parent [-]

Won't help if they sanction you and cut you off from SWIFT (or the card networks) so it just depends on the degree of the governance issues here.

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Abstract_Typist an hour ago | parent | next [-]

Ah.. SWIFT is an international cooperative, originated in Europe and based in Brussels..

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guiriduro 19 hours ago | parent | prev [-]

Most european banking entities already have and use SEPA.

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lmz 18 hours ago | parent [-]

Any alternative non US, Europe wide card network? I suppose you could use Mir, or UnionPay.

	▲	Abstract_Typist 44 minutes ago \| parent [-]
		This is an issue, but one Europe is acutely aware of and working on. WERO is one strand of that. https://www.reneweuropegroup.eu/news/2026-06-23/independence... https://europeanbusinessmagazine.com/eu-payments-sovereignty... https://stripe.com/en-fr/resources/more/wero-how-europes-uni...

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shawabawa3 a day ago | parent | prev [-]

Monzo are a UK bank that briefly but afaik no longer operate in the US

	▲	varispeed 18 hours ago \| parent [-]
		They are partially Chinese owned, so you can imagine Trump having a fit could be ordering AWS and GCP to stop servicing this bank.