Our solutions for financial service operators
Are you a financial services operator in the banking or insurance sector, an operator of vital importance, or an operator of essential services? Cloud computing can be a great tool for your digital transformation as it offers a lot of flexibility for optimising your organisation, and adopting innovative technologies. You can also become more agile while cutting your IT costs.
Nonetheless, moving to the cloud is still a challenge when it comes to migration and managing legacy infrastructures. To respond to these challenges, we have set up the most advanced security measures in the sector. They guarantee the very highest level of resilience and security for your cloud services, and they are also compliant with your sector-specific regulations.
For banks
Our experts will help you migrate your services to a hybrid, hyper-scale and highly-secure cloud. This way, you get more agility, performance and customer satisfaction. You can also ensure full compliance with financial services sector regulations.
For investment companies
Use our high-performance solutions for your applications and algorithms. Save time, while staying one step ahead of your market. Our system architects and experts can also help you with your processes, to optimise your solutions while ensuring compliance.
For payment operators
Offer your users a simplified and secure payment experience, with our PCI DSS-certified Hosted Private Cloud solution. You will then be supported throughout the certification process. This means you can provide the best levels of protection to your customers, regarding their credit card data.
For fin tech companies
With our agile solutions, you can focus your resources on innovation and the services you offer your customers. Our services are compliant with your industry regulations. Our OVHcloud Startup Program can also help you develop your business.
A trusted European cloud
At OVHcloud, Europe's leading cloud provider, we believe that our customers' capacity to innovate with their data is key to remaining competitive on the market. Our services offer a very high level of security to guarantee resilience for applications, and confidentiality for your data.
Michel Paulin
OVHcloud is here to support you
Your cloud, named European leader by Forrester and IDC
OVHcloud was named a Leader in the study The Forrester Wave™: Private Hosted Cloud Services in Europe, T2 2020. We are the only European company to be recognised in the Leader category.
OVHcloud was named a Contender in the study IDC MarketScape™: Worldwide Public Cloud Infrastructure as a Service 2020 Vendor Assessment. Of the eight companies in this category, we were the only European company. Find out more
PSEE compliance in France
Outsourced essential services (PSEE) are monitored by the French Prudential Supervision and Resolution Authority (ACPR), an institution integrated into the Banque de France — France's central bank. Our cloud services fall under this category, which means that financial institutions can reduce their costs and risks, while improving their service's quality and flexibility.
EBA compliance in Europe
The European Banking Authority has published guidelines for outsourcing arrangements. These guidelines have been applicable since September 2019, and cover credit, investment and payment establishments. Fintech companies must also follow these guidelines by setting up a solid outsourcing policy with consolidated, centralised management.
Optional: your data stored & processed exclusively in Europe
Some organisations need extended commitments in terms of data sovereignty protection, ensuring that only European regulations apply to their data hosted in the cloud. In order to respond to this type of request, OVHcloud offers the Trusted Zone option, guaranteeing services operated by OVHcloud staff located in the European Union only.
Expand your infrastructures with our hybrid solutions
Migrate smoothly to the cloud with our hybrid solutions. Expand your legacy infrastructures with our Hosted Private Cloud to boost your agility, and manage operating costs for your business.
Secure your services with a disaster recovery plan in the cloud
With our backup and disaster recovery plan solutions, you can ensure that your services stay up and running in the event of any technical issues. Automate your disaster recovery planning to secure your business.
A comprehensive range of products for financial services operators
Capgemini is a leading global provider of consultancy, technical services and digital transformation. Its cutting-edge innovation meets all of its customers' needs as the cloud, data and platforms evolve.
Sopra Steria is a leading European business for consultancy, digital services and software publishing. It helps its customers with their digital transformation, and delivers concrete long-term benefits.
Claranet is a major player in European cloud services, and specialises in outsourcing critical applications and digital transformation. Its focus involves supporting customers with businesses of all sizes, across all sectors, in modernising their IT infrastructure.
Key Features
Security
Certifications and compliance
Our solutions meet the very strictest security standards, so we hold a wide range of different certifications and guarantees of compliance.
Infrastructure and service audits
You can have our platform audited transparently by an external organisation.
Anti-DDoS protection included
Your infrastructures are protected against distributed denial-of-service attacks, to guarantee uninterrupted access to your solutions.
Data protection
Your data is hosted in Europe and protected by the GDPR, which means it is not subject to extraterritorial jurisdictions.
Support
Availability
Business continuity and disaster recovery plans
Stay one step ahead by protecting your data
What is the European Banking Authority?
The European Banking Authority (EBA) is a body that aims to guarantee a level of security
— as well as fair and effective regulations — across the entire European banking system. To maintain the financial system's health and economic stability, this independent institution takes regulatory measures that align with all countries. One of the objectives of its standards is to increase the security levels of financial institutions, their transactions, and their IT systems. With all of the technological transformations in progress, the EBA seeks to ensure that all of the financial data in the European banking system evolves in a secure environment that is transparent for all relevant supervisory authorities. Since sub-contracting is so commonplace in the financial services sector, this can lead to issues with monitoring and inspections.
In France, there are are strict regulations for essential service providers to avoid this problem.
The French Prudential Supervision and Resolution Authority (ACPR) has the right to monitor and inspect these services. Financial institutions must establish transparency and monitoring clauses with their sub-contractors. One way to improve the monitoring of outsourced activity is to ensure that service providers are compliant with a variety of monitoring standards: SAS 70 reports, ISO standards (ISO 27002 relative to the security and confidentiality of data, ISO 20000 relative to the certification of IT services), COSO and COBIT standards, ISAE 3402 standards relative to the outsourcing of accounting operations, etc.
For IT service providers like OVHcloud, the main challenge for financial institution audit solutions is to be able to rely on these monitoring systems and standards that come with an SLA (service level agreement).