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Our Industries

Financial Services

Confidently compliant, securely connected — IT built for financial services.

Secure, compliant IT that keeps your firm efficient and client-focused.

In financial services, trust is everything. Whether you’re managing investments, advising clients, or processing sensitive transactions, your IT systems must be secure, compliant, and built to support your business-critical operations.

At Novem, we help financial firms modernise their infrastructure, reduce risk, and improve efficiency — so your team can focus on delivering exceptional service with confidence.

Financial Services Challenges

Technology in financial services isn’t just about performance — it’s about trust, compliance, and resilience. With increasing regulatory demands and evolving cyber threats, firms need IT solutions that protect sensitive data, enable secure collaboration, and keep operations running without disruption.

Compliance is Non-Negotiable

Financial firms face strict regulatory obligations. Our solutions can help you achieve Cyber Essentials Plus, ISO 27001, and FCA-aligned standards.

Cybersecurity is Critical

With phishing, ransomware, and insider threats on the rise, layered security and MDR are essential for protecting your business and reputation.

Efficiency Drives Profitability

From faster access to client data to AI adoption, we design IT systems that save time and reduce costs.

Challenges & Solutions

IT Challenges & Solutions in Financial Services

Across the two decades plus supporting clients, we know there are common IT challenges and also those that are more specific to the Financial Services industry. Below you will find just a few challenges and potential solutions. Don’t worry if you don’t see what you’re after as our team are happy to talk through the goals you are trying to achieve and build a solution for you.

Difficulty Accessing Client Data Quickly

Cloud or hybrid infrastructure with structured data management for instant access.

Risk of Data Breaches & Regulatory Penalties

Advanced cybersecurity with EDR/MDR and strict access controls as a starting point.

Shadow AI Use Creating Data Sensitivity Risks

AI governance frameworks and secure deployment of Microsoft Copilot.

Remote Working Setups Lacking Security

Secure remote access with MFA, VPN, and compliance-aligned policies.

Slow Recovery After IT or Cyber Incidents

Tested disaster recovery and business continuity plans tailored for your operations.

Manual Compliance Tracking & Audit Preparation

Automated reporting tools, CE+ and Copilot-driven compliance workflows.

Legacy Systems Slowing Operations

Migration to modern workplace tools and platforms for better collaboration and tools.

Numbers

Some Metrics for Financial Services Firms to Keep in Mind

The below statistics show just why secure, reliable and modern IT setups are so important for those in the Financial Services industry.

300x
Financial Services firms are 300x more likely to be targeted by cyberattacks
£7,000
The average downtime cost per minute for Financial Services firms
20%
Financial Services firms report up to 20% productivity gains from modern IT & AI adoption
Customer Stories

Some of our financial services & beyond
success stories

Whether it’s fully managed IT or bespoke project requirements, read about some of our work.

Implementation without disruption

We understand that IT projects can be just that, a one-off specific goal that you want to achieve or it could be a long standing relationship where a Managed Service Provider becomes an extension of your team, working towards a technology roadmap. We aim to create positive results that drive efficiency, security and scalability.

  • Managed IT Support
  • Cybersecurity & Business Continuity
  • Secure Remote Working
  • Copilot & AI Governance

Financial Services FAQs

Find answers to your most pressing questions about IT in your sector.

Do I need Cyber Essentials Plus for my firm?

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It’s becoming increasingly expected by clients, regulators and insurance providers. The potential upcoming CSAR bill could actually see things taken further than CE+.

What’s the benefit of an IT roadmap?

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It aligns technology with your business goals, ensuring security, scalability, and cost efficiency. Rather than being reactive and having expensive one-off project costs, each year it allows for a plan and budget to achieve your goals.

How do you keep us secure?

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We use enterprise-grade security tools, MDR, and strict access controls to protect sensitive information. Depending on the services you take, additional layers of security can be added.

Say Hello!

Make an enquiry


You will hear from either:

Mike Ryan

Director

Stephen Meadowcroft

Head of Solutions Architecture

Or if you prefer to get in contact another way, reach out from one of the methods below.

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