Compliance and Governance

We will guide you through the opaque world of regulations and rules (not only) in the cloud world

Key services
Specializations
Our team
Reference
Contact

In a world full of regulation and risk, maintaining legal integrity is crucial. Our services in cloud compliance is not just about meeting the requirements, but about providing peace of mind and Certainty. You not only get protection from legal and financial risks, but also a key competitive edge and the ability to adapt in dynamic environment.

KEY COMPLIANCE AND GOVERNANCE SERVICES

COMPLIANCE CONSULTING

Cloud technologies in the financial market - EBA, EIOPA, …
Data protection, GDPR, EU-US data transfer
Experience with international cloud service providers (Microsoft, Amazon, Google, Oracle)
Knowledge of compliance products from service providers
Developing a comprehensive risk analysis for cloud products
Process mapping and optimization for cloud and outsourcing projects

We will advise you with each area of cloud compliance

OUTSOURCING STUDY

Documentation linking all necessary information to meet the requirements of the regulators (CNB, ÚOOÚ a NCIB)
Analysis of the legal environment, regulations and contractual relationships
Risk analysis according to international standards (Basel II/Solvency II, ISO, etc.)
Solution architecture and implications for operations, management and security
Data classification and protection, GDPR, regulatory requirements
Continuity and recovery plans, exit scenarios

We can help you create documentation to meet regulatory requirements

CLOUD COMPLIANCE FRAMEWORK

Documentation and process setup for easy cloud adoption
Repeatability and reduction of duplication
Reduction of cost, time and capacity requirements
Proper cloud governance setup
Categorization of projects (critical outsourcing, purchase of third party services)
Standardization of process and documentation for an increasing number of projects

We can help you integrate the cloud into your company's processes

DORA (Digital resilience)

Readiness assessment and resilience roadmap DORA by matriculation
Solutions from internal documentation to technical implementation
GAP analysis of compliance with the Regulation's framework including the RTS
Recommendations and design of a process to achieve the required resilience in the areas of documentation and technology, methodologies and policies
Measures for individual areas and related processes (from risk management to continuity, backup and capacity planning to applications, infrastructure and security)

We strengthen your digital resilience - both documentary and technical

During your unique CLOUD JOURNEY:

understand the risks associated with cloud environments, providers and contracts
get documentation of cloud projects to meet regulatory requirements
integrate cloud governance and compliance processes into company policies
Strengthen the digital resilience of your company's technologies, applications and processes
get the basis for setting cloud strategy and roadmaps
learn the "best practices" of communication with regulators

Other services within CLOUD JOURNEY

Amazon Web Services

Services for AWS cloud

Microsoft Azure

Services for Azure cloud

Microsoft 365

Services for the Modern Workplace

Want to learn more about the cloud? Read our Cloud Encyclopedia.

OUR specialization

Financial
institutions

Continuity
proceedings

Security
data

DORA
dig. resistance

AI

COMPLIANCE A GOVERNANCE team and Qualification

"Our team is a rare blend of IT/cloud expertise and a quirky enthusiasm for the regulatory, data protection, operational risk and compliance challenges associated with cloud in many European countries."

Lenka Lipová, Senior Compliance Consultant @ ORBIT

We know our way around the world of regulations and rules

We know the leading cloud providers AWS, Microsoft Azure a Microsoft 365, GCP or Oracle.
We have experience in mapping national banking/legal regulations to specific standards and documents as well as to specific technical solutions.
We are the authors of several cloud strategies for banking and insurance companies in Central and Eastern Europe.
We have a track record of successful strategic cloud compliance and governance projects with international reach.

Reference

implemented cloud
compliance projects

pages studied
regulatory systems

regulatory systems adopted in the EU/non-EU

knowledge of customs
supervisory authorities

Kooperativa

The study we prepared perfectly blended the needs of the people with the strategic goals of the insurance company and our own technological readiness.

Trust Company

The project to assess compliance with the requirements for the use of cloud services was carried out within the agreed timetable and met the pre-agreed expectations. In addition to the assessment of the as is requirements against the current legislation, recommendations and additional views were given to help us better navigate the topic.

Ivana Fabianova,
Head of IT Application support, Tatra banka Money Bank

ORBIT brought us a broader view of the cloud from other companies. They have helped us to kick-start the cloud journey faster and address the topics more effectively in order to set the cloud as an innovative platform for its subscribers.

MORE REFERENCES

SELECTED CUSTOMERS WITH CLOUD PROJECTS

WE WILL GUIDE YOU THROUGH THE REGULATIONS, RULES AND RECOMMENDATIONS ACROSS CLOUD COMPLIANCE AND GOVERNANCE

You could say that we exemplify a bizarre enthusiasm for creating analyses, mandatory documentation and preparing customers to communicate with regulators. Indeed, we see the value in helping regulated entities comply with standards and laws around AI, cybersecurity, privacy and risk management in the cloud. We'd love to help you, too.