Case Study · Financial Services · Fractional CTO

£50M capital released through DR remediation and FCA-approved platform delivery.

A regulated financial services firm was operating under PRA scrutiny with a failing disaster recovery capability, £50M of capital locked, and technology delivery that had lost credibility at the executive level.

£50M
Capital released via PRA DR compliance
£5M/yr
Opex reduction from EUC transformation
£9M/yr
Opex savings from application rationalisation

The situation

A regulated financial services firm was operating under active PRA scrutiny. Its disaster recovery capability had failed to meet compliance standards, effectively locking £50M in capital against regulatory risk. The board had no clear view of its exposure.

Technology delivery had lost credibility at the executive level - there was no accountable technical leader capable of translating the technical reality into board-level decisions. Investor confidence was deteriorating. The firm also faced fixed FCA-mandated timelines for a new core banking platform.

The approach

A Fractional CTO was deployed to take direct ownership of the disaster recovery remediation programme. Working at board level with the CEO and CFO, the engagement established clear risk transparency, reasserted technology leadership, and drove the programme through to PRA compliance within fixed regulatory timelines.

A parallel workstream delivered an FCA-approved core banking platform. Board-ready reporting and clear decision accountability were embedded before exit.

The impact

  • £50M
    Capital released - DR remediation passed PRA compliance, unlocking capital previously frozen against regulatory risk.
  • £5M/yr
    Annual Opex reduction - achieved through End User Computing (EUC) transformation.
  • £9M/yr
    Annual Opex savings - delivered via application rationalisation.
  • Lasting
    Board-ready reporting and decision accountability embedded before engagement exit.

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