EY teams help financial services organizations re-think business processes and operating models, through cloud-enabled platforms, emerging technologies and generation-skipping transformation. Cloud adoption is the backbone of digital innovation.
The cloud holds great promise for the financial services sector as a catalyst for digital transformation. Yet the journey to cloud can be challenging — with added complexities in managing risk, regulatory requirements, cybersecurity and resiliency. It takes a rare combination of knowledge and experience to move to the cloud in a way that is compliant, secure and at pace with rapidly evolving market demands.
EY Cloud for Financial Services helps firms safely harness the power of the cloud to propel their business forward and adapt with agility.
As one of the most data-intensive and heavily regulated sectors in the global market, financial services firms face unique challenges when moving to the cloud.
EY Cloud for Financial Services brings together the full breadth of EY risk and regulatory acumen, industry and technology insights, and global ecosystem to help drive innovation through cloud-enabled services and solutions. We help clients adapt with agility by harnessing the power of people and technology to create a smarter, safer path to the cloud.
Our business-first, technology-enabled approach equips financial services firms to achieve transformational results from a strategic shift to the cloud — elevate the customer experience, empower employees, modernize systems and manage risk.
Our deep understanding of the financial services and regulatory landscape means we can help you resolve the most complex data and technology challenges quickly, cost-effectively and in a way that keeps you compliant.
Leverage EY investments in an expansive cloud ecosystem of talent, technology, assets and collaborations to design and build a secure, resilient cloud foundation at speed and scale.
Help reduce operational risk and meet regulatory requirements with the end-to-end EY framework for cloud data governance and control.
▉ The issue
To successfully realize a cloud-first business strategy, the management firm needed the right foundation for governance, risk, architecture and organizational change.
▉ The issue
Aggressive growth goals pivoted on the bank’s ability to use data and deep insights involving machine learning in the cloud.
▉ The issue
A multiyear initiative to migrate 1,000+ applications to the cloud was hampered by lack of buy-in from product and application owners.
▉ The solution
The EY team leveraged its business, regulatory and technology skill to help the client activate a newly formed cloud organization.
▉ The solution
EY professionals designed and implemented a cost-effective cloud environment using cloud-agnostic tools to upload, transform, migrate and protect data in the cloud.
▉ The solution
EY services helped accelerate the end-to-end migration and to establish value-based business outcomes for moving applications to the cloud.
▉ The outcome
The EY team delivered a comprehensive set of assets that helped accelerate the firm’s cloud journey by 12 months.
▉ The outcome
The client was able to quickly and effectively make decisions based on information from newly developed KPI dashboards while analyzing over 1 billion transactions per second.
▉ The outcome
The company was able to migrate applications effectively and safely, with cross-departmental controls and security checks in place and documented ROI.
We are extremely proud to announce that EY has been recognized as a leader for cloud professional services. According to IDC, EY provides end-to-end cloud professional services, ranging from strategy to implementation. The firm provides a wholistic approach to cloud technology services by providing deep business and industry knowledge, attention to risk management, experienced practitioners, and delivery centers.
EY member firms collaborate with leading cloud providers to help organizations make the right technology choices at every phase of their journey to the cloud. Our providers include the following and more (ask us about all our alliances):
The EY and Microsoft alliance combines deep EY insights and experience in disruptive industry trends, new business models and evolving processes with Microsoft’s scalable, enterprise cloud platform and digital technologies. Together, we can help accelerate digital strategy and make it a reality to thrive in a digital world.
EY and SAP collaborate to accelerate positive change, from fast tracking the adoption of intelligent technology and new ways of working, to pivoting quickly to evolve with changing consumer expectations, while creating more engaging experiences for employees. The journey to a cloud-led architecture allows our clients to achieve their sustainability targets and long-term value, faster.
IBM combines EY’s leading consulting practices and innovative IBM technology to help clients successfully migrate and manage complex and regulated workloads in a multi & hybrid-cloud world.
Together, EY professionals and ServiceNow can quickly design, develop and deploy business solutions that automate once manual processes. By combining the ServiceNow platform with EY end-to-end business transformation experience, we help clients quickly find value by streamlining processes that improve the productivity, agility and scalability of their business.
Dedicated technology centers are designed to help clients leverage strategic guidance, change management, and cutting-edge technologies to accelerate cloud transformation.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
EY | Assurance | Consulting | Strategy and Transactions | Tax
About EY
EY is a global leader in assurance, consulting, strategy and transactions, and tax services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.
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This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.
