What is provided are a system and method which enables an organization or user to manage computational services in a cloud computing network for security, compliance and governance. The management including creating a trusted virtual network including encrypted data storage, encrypted data transport, and trusted instances of servers all communicatively coupled together forming a trusted cloud computing environment that is associated with the organization. A web portal running on a web server provides a point of access to the cloud computing environment. A workflow is accessed to implement one or more policies in trusted computing environment to manage the trusted cloud computing environment, the workflow customized to the organization. The access control; and to the trusted cloud computing environment is used to ensure access by users authorized by the organization to ensure compliance with adopted standards.