Banking transformation
The Challenge
A banking institution needed to adopt cloud technology whilst maintaining stringent regulatory compliance and security standards. The transformation required balancing innovation with risk management in a highly regulated environment.
The organisation faced:
- Regulatory constraints limiting cloud adoption approaches
- Security requirements demanding robust controls
- Legacy systems requiring careful migration planning
- Stakeholder concerns about cloud security and compliance
The Approach
Working as Embedded CTO, a secure by design cloud adoption strategy was implemented with regulatory compliance built into every stage of the transformation.
Security Architecture
A comprehensive security architecture was developed specifically for regulated financial services. Controls were designed to meet FCA requirements whilst enabling cloud-native capabilities. Regular security reviews ensured ongoing compliance.
Migration Strategy
A phased migration approach minimised risk whilst building organisational confidence in cloud operations. Critical systems were carefully assessed, with migration plans developed considering both technical and regulatory requirements.
Regulatory Compliance
Close collaboration with compliance teams ensured cloud architecture met all regulatory obligations. Documentation and evidence frameworks were established to support ongoing audit requirements.
The Results
Technical Achievements:
- Secure by design cloud architecture meeting FCA requirements
- Successful migration of critical banking systems
- Enhanced security posture with modern tooling and practices
Organisational Impact:
- Maintained full compliance throughout transformation
- Improved stakeholder confidence in cloud security
- Established foundation for continued cloud innovation
Technologies & Approaches
- Sector: Financial Services (Banking)
- Cloud Platform: Secure cloud infrastructure
- Security: Defence in depth, zero trust principles
- Compliance: FCA regulatory requirements
- Migration: Phased approach with risk management
- Governance: Compliance documentation and audit support