A PERPETUAL EDGE ON REVOLUTION

Advances in cloud computing and developing new ways for people to interact with technology at home, at work and on the move can transform every sector of the economy.

For forty years, Microsoft has been at the centre of the revolutionary changes that technology has brought to every aspect of daily lives. With a vision for tomorrow’s transformations, Microsoft believes the best is yet to come.

In an age when access to computers was hard to come by, two geeks hacked their school’s system. Instead of being expelled, they were offered unlimited computer time in exchange for helping to improve system performance. And with that, Microsoft was born. From the Windows graphical user interface through ubiquitous office productivity software to internet browsing and consumer tech, Microsoft has been part of almost every significant advance in computing since the 1980s. With the vastly popular Azure public cloud platform, Microsoft continues to be a force to be reckoned with.

CSI is a Microsoft Tier-1 Cloud Service Provider and specialises in migrating complex, regulated workloads to the right cloud to deliver the right outcomes.

CSI provided infrastructure and cyber security services to the first UK-regulated bank totally on the public cloud using the Microsoft Azure platform.

Redwood Bank provides businesses with simple loans and savings accounts backed up with tailored service. Operating in a highly regulated environment means obtaining a license is a protracted process and makes successful innovation complex.

Challenge

Despite the scalability, agility and cost efficiency that a cloud platform provides, strict regulations, controls and PRA/FCA compliance means that very few financial services organisations have been completely cloud-based. Redwood Bank’s goal was to build and implement a secure, compliant, banking solution in the cloud ready for launch in 12 months.

Solution

CSI built the secure infrastructure for Redwood Bank’s core banking software in the Microsoft Azure cloud. CSI also provides continuous monitoring and alerting for the application and underlying infrastructure ensuring full availability and compliance.

Outcomes

Redwood Bank’s scalable, secure and compliant infrastructure was key in securing their banking licence and becoming the UK’s first ‘born in the cloud’ bank. By integrating a suite of cloud-based tools within a single secure environment CSI delivered a secure, modern digital banking platform within regulator guidelines in under six months.

OUTCOMES DASHBOARD

81%

More banking CEOs are concerned about the speed of technological change than any other industry sector

52%

Over half of asset management CEOs believe that cloud computing will be strategically important to their organisation

1/5

Only one in five bank executives believe they are “very prepared” to deliver a more customer-centric business model by 2020