Research Insights – United Kingdom

Based on current and estimated IT investments within the UK, research suggests that the UK software and IT services market will be worth £47.2bn by 2018. Therefore, it is critical to consider how organisations within the UK financial sector will protect these investments to ensure a confident, consistent and robust approach to risk mitigation.

This paper discusses the regulatory infrastructure within the UK including the Financial Conduct Authority (FCA) regulation guidelines SYSC 8.1 and FCA 16/5, which highlights what banks within the UK should be doing in relation to risk management and the cloud.

In this paper we provide advice and recommendations to establish a robust approach to support compliance with regulations.

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Published date:  15 November 2017

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