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.
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.
Some Metrics for Financial Services Firms to Keep in Mind
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
Some of our financial services & beyond success stories
Whether it’s fully managed IT or bespoke project requirements, read about some of our work.
Swift Financial Solutions – Cloud Migration
Novem migrated Swift Financial Solutions to Microsoft 365, delivering secure cloud collaboration & scalable infrastructure.
Read full case study: link
SF Taylor – Cloud Migration
Novem modernised SF Taylor’s IT systems with secure connectivity, migrating to the cloud and resilient continuity.
Read full case study: link
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
Managed IT Support
We provide responsive, proactive support for your entire team — from advisors and analysts to operations and compliance staff. Our service is designed to minimise downtime, resolve issues quickly, and keep your systems running securely and efficiently.
Cybersecurity & Business Continuity
Financial firms are high-value targets for cyber threats. We help you build layered protection with endpoint detection and response (EDR), managed detection and response (MDR), and robust backup and disaster recovery solutions. Our continuity planning ensures that even in the event of an incident, your operations can continue with minimal disruption.
Secure Remote Working
Whether your team is working from the office, home, or on the move, we enable secure remote access to sensitive systems and data. Our solutions support flexible working while maintaining compliance requirements.
Copilot & AI Governance
AI tools like Microsoft Copilot can drive real operational efficiencies — but only when deployed securely and strategically. We help you unlock value through use cases like:
- Summarising client meetings and extracting action items
- Automating formatting and version control of financial reports
- Intelligent search across CRM, email, and document systems
- Supporting compliance tracking and audit preparation
- Reducing manual admin in client onboarding and KYC processes
We also help you manage risks around Shadow AI, ensuring your team uses AI tools safely, with proper governance and data sensitivity controls.
Financial Services FAQs
Do I need Cyber Essentials Plus for my firm?
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?
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?
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.