Recently, one of Canada's leading banks approached BDO and shared their business growth objectives. They wanted their enterprise cloud-first strategy to increase the agility and scalability for the bank's technology infrastructure. This project required moving systems, applications, and data processes to a more advanced and secure environment.
Greater insights via integrated analytics, reporting, and AI
Digital adoption of modern infrastructure has enabled the bank to exchange data and run analytics workloads within a secure cloud environment that meets the banks' rigorous standards. The mission was to help the bank's cloud team plan, design, and implement a secure infrastructure, while providing superior insights using cloud-based data, analytics, and AI.
BDO's cloud strategy approach
To drive cloud adoption, the bank's technology functions must adhere to strong compliance and security standards while still meeting business demands quickly and efficiently. The project execution was successfully completed within desired project timelines using BDO's five streams for cloud strategy.
Sustainable outcomes
The established cloud adoption model allowed the bank's business lines to begin a successful migration on premise analytics, ML, and AI workloads to the cloud. The operating model today supports new data management and analytics capabilities—including governance, security, compliance, logging, and monitoring capabilities with the speed and security of the cloud.
BDO is proud to help our banking industry clients advance their digital transformation through strategic advice. This includes planning, design and implementation, deep technological skills with an emphasis on managing risks within large-scale modernization programs, while driving sustainable business performance and advancing the technological and economic benefits of modern cloud technology.
We can help your bank execute cloud strategies that support IT flexibility and innovation.
For more information, contact:
Mike Gelesz, National Industry Leader, Banking & Financial Services, Consulting
Rishan Lye, Partner, Advisory Services, Technology