Industry

Financial Services

Pain points

What financial services operators are wrestling with

  • Legacy core systems constrain product velocity

    Decades-old core banking and policy administration platforms cannot keep pace with digital channels, embedded finance partners or real-time settlement expectations.

  • Fragmented customer data across lines of business

    Retail, wealth, and commercial books each hold their own customer truth — eroding KYC quality, cross-sell economics and regulatory reporting integrity.

  • Resilience and operational risk under board scrutiny

    PRA, FCA and equivalent regulators expect demonstrable operational resilience — including impact tolerances, mapped third-party dependencies and tested recovery.

  • Talent gravity around legacy stacks

    COBOL, mainframe and bespoke Java estates depend on a shrinking pool of engineers, increasing key-person risk and slowing modernisation.

Regulatory drivers

Frameworks shaping the engineering bar

Named standards we treat as first-class constraints — not after-the-fact compliance theatre.

  • PRA SS1/21 — Operational Resilience
    United Kingdom

    Important business services mapped, impact tolerances set, vulnerabilities remediated, and scenarios tested annually.

  • DORA — Digital Operational Resilience Act
    European Union

    ICT risk management, incident reporting, resilience testing and third-party oversight for financial entities operating in the EU.

  • FCA Consumer Duty
    United Kingdom

    Outcomes-based standards for retail products, communications, customer service and price-value across the product lifecycle.

  • MiFID II / MiFIR
    European Union

    Transaction reporting, best execution, market data and investor protection obligations for investment firms and trading venues.

  • Basel III / Basel IV
    Global

    Capital, liquidity and leverage requirements with extensive data quality and risk-modelling obligations.

Modernization themes

How we modernise financial services estates

  • 01

    Core decoupling and event-driven banking

    Strangle legacy cores by exposing capabilities as APIs, layering event streams for real-time integration with channels, payments and analytics.

  • 02

    Cloud-resident risk and finance platforms

    Migrate risk, treasury and finance computation to elastic cloud platforms with governed data and explainable model outputs.

  • 03

    Data mesh for regulated reporting

    Domain-owned data products with contract-tested interfaces — engineered for traceable regulatory reporting and BCBS 239 alignment.

  • 04

    Customer platforms with embedded compliance

    Onboarding, KYC, AML and consent woven into the product experience rather than bolted on as downstream gates.

Operational risks

Risks we surface upfront

Transformation carries real exposure. We name it before kickoff so it can be engineered around.

  • Cutover impact on payment rails

    critical

    Migration windows must protect ISO 20022 message flows, end-of-day reconciliation and clearing settlement timelines.

  • Model drift in cloud-resident risk engines

    high

    Without disciplined MLOps, risk and pricing models can drift, eroding regulatory model governance attestations.

  • Data residency and cross-border processing

    medium

    Cloud architectures must respect Schrems II, local data sovereignty rules and intra-group transfer constraints.

Talk to an architect

Have a financial services program in motion?

Walk us through your constraints. We will scope a team, an architecture, and a timeline within one working week.