You are a PM at a company building a new B2B product: a **compliance and audit system** for financial institutions.

Your target customers:
- Operate in a **highly regulated** environment with **strict data security requirements**.
- Have **reliable Internet**, but many of them already run complex **internal IT systems**.
- Need **some customization** to fit local processes, but also want **reasonably fast deployment**.

**Your task**:
1. Decide whether you would primarily offer this product as **On-Premise** or **SaaS**.
2. Explain **why this model fits best** for this customer type, using concepts from the lessons (deployment speed, customization, data control, infrastructure, etc.).
3. Describe **two key advantages** of your chosen model for these customers.
4. Describe **two important drawbacks/risks** of this model and how you, as a PM, would mitigate them (e.g., limiting customization, integration strategy, support approach).

Base your reasoning only on what you learned in the **On-Premise** and **SaaS** lessons.

You are a PM at a company building a new B2B product: a compliance and audit system for financial institutions.
Your target customers:
<ul>
<li>Operate in a highly regulated environment with strict data security requirements.</li>
<li>Have reliable Internet, but many of them already run complex internal IT systems.</li>
<li>Need some customization to fit local processes, but also want reasonably fast deployment.</li>
</ul>
Your task:
<ol>
<li>Decide whether you would primarily offer this product as On-Premise or SaaS.</li>
<li>Explain why this model fits best for this customer type, using concepts from the lessons (deployment speed, customization, data control, infrastructure, etc.).</li>
<li>Describe two key advantages of your chosen model for these customers.</li>
<li>Describe two important drawbacks/risks of this model and how you, as a PM, would mitigate them (e.g., limiting customization, integration strategy, support approach).</li>
</ol>
Base your reasoning only on what you learned in the On-Premise and SaaS lessons.

Choosing Between On-Premise and SaaS

You clearly choose either the on-premise or SaaS model for the scenario and your choice is consistent with the customer’s needs (e.g., security, connectivity, customization). The business model you pick should logically follow from the context you describe.

You use advantages and disadvantages from the lessons (e.g., data control, infrastructure costs, deployment speed, upgrade risks) to explain why your chosen model fits and what its downsides are. You also mention at least one concrete way to mitigate a key risk.