IT & Cyber Security

FCG has a dedicated IT team that works with both governance and management of IT. We base our advice on experience, best practice, and structured frameworks, tailored to the financial service sector. We have helped several boards of banks and investment firms with defining the goals and strategies within IT.

We will assist with the potential restructuring of an IT department, based on business sense and what works, based on regulatory requirements.

IT governance is an area which is under regulatory development. IT governance provides, amongst other things, transparency in IT for the benefit of the company’s management and board. Governance also structures the IT functions’ ways of working in accordance with the company’s internal governance routines, and provides the company’s management and board with monitoring and steering abilities and tools.

FCG can assist with management of IT, which consists of the internal processes and routines within the IT function. Regulations put forth specific requirements on the financial sector which might not always be up-to-date with current IT practices. We assist with bridging this gap. FCG’s consultants have hands-on experience from project management, IT operations, and IT development and, at the same time, have a deep understanding of the regulatory requirements. We constantly assist multiple clients to interpret the regulations in IT in a way that enables our customers to utilize current practices in IT.

Information security is an area where the regulatory development is evolving. Information or cybersecurity is an area where we assist our customers with board and management control, oversight, and monitoring. We assist boards with defining the ambition within information security in order to be able to assess risk exposure and costs within the area. We have dedicated information and cybersecurity experts with real world experience from the financial service sector. We have assisted many clients with developing or refining information security functions based on the boards’ defined ambitions. We further assist with risk functions with IT and information security expertise, and assist with the establishment and definitions of IT and information security risk frameworks.