Case Study · Financial Services · Fractional CTO

FCA-approved core banking platform delivered within fixed regulatory deadlines.

A financial services firm needed to design and deliver a brand-new core banking platform under fixed FCA-mandated timelines - with no margin for slippage and no credible technical leader in place.

FCA approved
Platform signed off on schedule
Zero slippage
Delivered within fixed windows
Full visibility
Board confidence maintained

The situation

A financial services firm faced the challenge of designing and delivering a brand-new core banking platform under fixed FCA-mandated timelines. There was no margin for slippage - failure to deliver on schedule would expose the business to enforcement action or licence risk.

The firm lacked a credible technical leader who understood both the regulatory environment and the demands of delivery execution.

The approach

Technical leadership was provided to own the full design and delivery of the platform, combining architectural authority (TOGAF-standard design) with direct accountability to the board and regulators.

Technical decisions were translated into clear options for the CEO and CFO throughout, maintaining board confidence while keeping delivery on track against FCA deadlines.

The impact

  • FCA approved
    Platform signed off by the regulator on schedule.
  • Zero slippage
    Delivery completed within fixed regulatory windows - licence and enforcement risk removed.
  • Restored
    Board confidence maintained via clear, jargon-free reporting at every stage.

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Frequently asked questions

What was the situation?

A core banking platform programme under FCA scrutiny, with concerns about delivery viability, control, and the bank's ability to demonstrate orderly migration. The programme had material commercial, customer, and regulatory implications.

What did Assured Velocity provide?

Senior delivery leadership across the platform programme - architecture governance, vendor management, regulatory liaison, and overall programme accountability. Restored confidence with the regulator through structured reporting and verifiable evidence.

What was the outcome?

Core banking platform delivered to plan with FCA confidence maintained throughout. Customer migration completed without service incident. Internal capability uplift sustained the platform beyond the delivery phase.

What made this engagement work?

A delivery lead who had personally run regulated technology programmes at scale and who held credibility with both the FCA and the technology team. The combination of regulatory fluency and technical depth is rare and was the decisive factor.

How long was the engagement?

Approximately eighteen months from senior delivery lead mobilisation through to platform go-live and post-implementation review.

All engagements are led by senior practitioners - not junior teams.