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Navigating Financial Industry IT Challenges with Confidence

The financial industry grapples with several critical challenges. These include safeguarding against sophisticated cyber-attacks, ensuring data privacy and regulatory compliance, enhancing digital customer experiences, integrating modern technology with legacy systems, managing secure cloud services, securing diverse endpoints, and providing reliable remote access for a hybrid workforce.

We recognize the complexity of these demands and the critical need for secure, compliant, and efficient solutions that drive business value.

Navigating IT Challenges in the Financial Sector

Cybersecurity threats and observability

Data privacy and regulatory compliance

Management and delivery of critical line-of-business applications

Modernization of critical legacy systems

Centrally securing endpoint devices

Secure access to sensitive systems

Ferroque Bridges the Divide
in Finance IT

  • Infrastructure Assessments

    Powered by our multi-vendor bespoke assessment methodologies, we’ve performed audits across Canada’s largest banks and leading US and European financial institutions. We understand what’s important to stakeholders in the finance industry and key compliance controls, and we know the common deficiency trends.
  • Compliance Enforcement

    Finance is one of the most heavily regulated industries in the world. Beyond ring-fencing PCI, financial institutions with global or hybrid workforces must contend with data privacy and trading regulations. Our analytics and conditional access control solutions help keep trading in-country and provide detailed security analytics.
  • Security Threat Mitigation

    Maintaining data protection and thwarting cyberattacks are key industry priorities. Our leading SASE and ZTNA solutions, enterprise browsers, and top-performing Web App Firewall solutions work to protect your IT portfolio and sensitive data from internal, external, and in-transit threats across the enterprise.
  • B2B Offshore Vendors

    For development, data processing, or IT management, the industry relies on outsourcing with on/off-shore personnel. Ensuring PCI or regulatory compliance is as vital as optimizing workspace delivery for long distances to maximize worker output. We’ve designed platforms for thousands while considering these constraints.
  • Critical App Delivery

    Financial institutions we’ve partnered with provide vital applications that demand zero tolerance for outages, from POS systems to dynamic trading floors. Engineering the right delivery method, inclusive of the auditability of highly sensitive apps, is crucial. With thousands of apps on inventory, ongoing rationalization, cost modelling, and compatibility testing are frequent pain points. We have the solutions to these challenges and more.
  • WAN Optimization

    Banks manage complex WANs with thousands of sites reliant on backbone connectivity. Linking offices, HQs, clouds, and datacentres is costly and intricate, with added expenses for performance optimization. Our SD-WAN and networking solutions simplify management, reduce complexity, and enhance network performance, lending a competitive edge.
  • Disaster Recovery

    Designing IT systems in the finance industry for fault tolerance is a given. All too often, we uncover significant gaps in our audits that run counter to this ethos. Engineering load balancing, app and desktop delivery solutions, and their dependencies for disaster recovery are imperative. And luckily, we wrote the book on it.

Ferroque’s Edge in Finance IT

Over three decades, Ferroque has made a profound impact in the financial industry, collaborating with 55 institutions across North America, the Caribbean, and Europe.

Our involvement in over 110 financial services projects has enriched our field experience and provided us with unparalleled insights into the sector. This depth of understanding and expertise has earned us the trust of leading financial institutions, including major banks.

Ferroque’s journey in finance is characterized by a commitment to delivering solutions that meet the intricate needs of this dynamic sector. From optimizing infrastructure to ensuring regulatory compliance, our approach is tailored to the specific challenges and opportunities of each institution we partner with.

In an industry where precision, security, and innovation are paramount, Ferroque stands as a trusted ally, continually adapting to meet the ever-changing demands of the financial world ranging from cybersecurity enhancements to enabling remote and hybrid workforces to work productively.

 

Our Finance Industry Experience

55

Financial institutions

Global financial institutions we’ve worked with to design, deliver, optimize, and secure end-user infrastructure solutions

40

Designs developed

Designs developed and implemented for leading banks and investment firms

110

Projects conducted

Banking and financial sector projects conducted across North America, the Caribbean, and Europe

15

Major Banks

Globally significant banks we’ve worked with, including all of Canada’s largest banks

FAQs About Ferroque and Finance

Is Ferroque experienced in designing for B2B vendor access?

Yes. Having worked with numerous customers in the financial sector with such needs, we are versed in common access management trends, constraints, best practices, and performance considerations to ensure offshore users remain connected, controlled, and productive, always.

Does Ferroque have experience with PCI compliance?

Absolutely. Ferroque has designed, engineered, and audited many PCI environments for the technologies in which we specialize, including participating in the audit process with external auditors. Our field experience enables clients to get things right the first time during planning and deployment, and shed light on areas of their existing environments which may not be compliant and creating operational risk.

Can Ferroque develop solutions for high-security use cases?

Indeed. Ferroque has been called upon frequently to assist FIs in developing air-gapped and highly auditable solutions to front sensitive infrastructure including platforms involved with PCI and SWIFT. Oftentimes these platforms require complex authentication requirements and navigation of stringent network controls. We are also skilled in developing conditional access, enterprise browser, and ZTNA solutions to meet a variety of use cases.

Does Ferroque design delivery platforms with considerations for global workforces and varied network connections?

This is a frequent requirement of our multi-location and multinational enterprise customers and is an area of strength. From selecting the right delivery modality(ies) that make sense for the use case(s), to designing the appropriate levels of security and accommodating for user endpoint types, peripheral dependencies, network capabilities, data residency, and user location in relation to data, we can devise solutions tailored to your objectives and constraints.

Does Ferroque design for hybrid and multi-cloud environments?

Absolutely! We’re experienced in designing and deploying digital workspaces, SASE, and NetScaler platforms for diverse use cases strictly on-prem and in hybrid or multi-cloud scenarios, in particular Azure and AWS.

How can Ferroque help me gain observability and insights into the use of our digital workspaces?

Depending on the platform used, a variety of monitoring and analytics platforms are at our disposal to enable auditability on access and use of the platform. We are experienced in deploying and analytics solutions that gauge overall session performance, digital employee experience, and security insights including monitoring for suspicious activities, logins, and access from geo-locations users are not permitted to work from. We can also advise on what is possible, and what is not possible based on the platform technologies in use.

How can Ferroque help me with my technical debt?

Technical debt is unfortunately commonplace across most enterprises but appears very often in the financial industry. Depending on the circumstances, we can assist in rationalizing your application and infrastructure portfolios, streamline and speed up migration processes through automated application compatibility testing, and developing roadmaps to remediate, migrate, or sunset systems and reduce operational and compliance risks.

Does Ferroque have experience with hub-and-spoke and multi-site branch environments?

Ferroque is experienced in designing and deploying solutions that accommodate hundreds of sites on the WAN. Financial firms such as banks and investment companies often have satellite offices in remote areas, and in general subscribe to a network tiering model that aligns different offices with different network capabilities. These nuances affect the performance of app delivery and we are experienced in optimizing both network and delivery platform to ensure excellent, consistent user experiences no matter the office.

Managing our environments is overwhelming, is becoming a liability, and we can’t keep up. Can you help?

Absolutely. Whether through staff augmentation, collaborative management, or our SOC2 compliant fully managed services, we have options to relieve your pain points and enable organizations to stabilize, optimize, and scale.

How capable is Ferroque at conducting health checks or security assessments against our infrastructure?

Ferroque has conducted over 75 health checks, infrastructure assessments, and security assessments on Citrix, VMware, Microsoft technologies, NetScalers, and major hypervisor and public clouds. Audits are one of our greatest strengths, bringing to bear decades of field experience and our knowledge of ever-evolving vendor best practices to generate actionable insights for customers to resolve or avoid serious issues. We’ve developed some of the most extensive assessment methodologies in our field and they’re continually updated, making annual health checks a common request.

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