Infrastructure for Financial Institutions.
Critical platforms for banks, asset managers, payment processors, and insurers. Regulatory-ready by design, built for examination.
Sector
Financial services is the most regulated and most integrated industry in the economy. Infrastructure decisions compound for decades.
XVICA partners with retail and commercial banks, building societies, asset managers, payment processors, card issuers, insurers, reinsurers, and specialist credit providers in the UK, US, Canada, Australia, and the EU. The work spans core platforms, payment rails, risk and finance data, identity, compliance engineering, and integration. Every engagement is specified against the client’s regulatory regime and operational profile.
Obligations tighten. Tolerance for operational failure does not.
The operating environment for financial institutions is defined by overlapping, compounding obligations: FCA Handbook sourcebooks, PRA rulebook sections, the operational resilience rules, DORA in the EU and equivalent regimes in North America and Australia, MiFID II, EMIR, Basel III/IV, PSR authorised push payment reimbursement rules, the CMA consumer duty, and the UK GDPR. New expectations on third-party dependency, AI model governance, and operational incident notification arrive faster than old ones retire.
Institutions that treat regulation as engineering input (controls as code, evidence as code, change under documented governance) reduce examination friction and close findings faster. Those that rely on paper controls and tribal knowledge spend increasing time on regulatory response and less on commercial work.
Platforms for financial operations
We build regulatory-ready infrastructure at the layers where it matters most. Delivery is capability-specific or programme-wide.
Core and transaction platforms
Real-time processing, settlement, and reconciliation aligned to payment rails, market infrastructure, and ledger obligations.
Risk and finance platforms
Risk, finance, treasury, and regulatory data platforms with BCBS 239 lineage and SR 11-7 model governance.
Compliance engineering
AML, sanctions, MiFID II and EMIR reporting, DORA operational resilience, and SMCR evidence on configurable rule engines.
Workforce and customer identity
Zero-trust IAM and CIAM across legacy, cloud, and hybrid estates with entitlement review and access certification.
Security operating model
DORA-aligned detection, response, key management, and control evidence. Controls as code; rehearsed incident response.
Integration and modernisation
SWIFT, ISO 20022, FIX, and counterparty integration on a governed fabric that supports incremental modernisation.
Named regimes, mapped controls
Regulatory requirements are translated into explicit control requirements, then mapped to tests and evidence collection. Nothing is implied.
UK and EU
FCA Handbook (SYSC, COCON, SUP), PRA rulebook and SS-series supervisory statements, operational resilience (PS21/3, SS1/21), DORA, MiFID II and MiFIR, EMIR, SFTR, CSDR, and Basel III/IV prudential framework.
United States
OCC, Federal Reserve, FDIC, NCUA supervisory expectations; SR 11-7 model risk management; OFAC sanctions; FinCEN BSA/AML; SEC and FINRA reporting; NYDFS Part 500; and CFPB consumer protection.
Payments and data
PSR APP reimbursement rules, PSD2, Open Banking standards, PCI-DSS, UK GDPR and EU GDPR, NIS2, and Cyber Essentials Plus where appropriate.
Commonwealth
APRA prudential standards (CPS 230, CPS 234), ASIC Market Integrity Rules, OSFI expectations in Canada, and FINTRAC AML/ATF obligations.
Operating standards
DORA-aligned resilience
ICT risk framework, scenario testing, and incident classification.
BCBS 239 data lineage
Queryable from regulation to source column.
SR 11-7 model governance
Model inputs, versions, and outputs traceable end-to-end.
Examination-ready evidence
Signed packs on demand rather than retrospective assembly.
SOC 2 Type II and ISO 27001
Controls evidenced continuously, not point-in-time.
PCI-DSS in scope
Scope reduction and tokenisation as first-class design.
Who we serve
Engagements run from single-capability builds to multi-year programmes with sustained embedded teams.
Retail and commercial banks
Core banking, lending, deposit, and payment operations. Integration with Thought Machine, Mambu, Temenos, FIS, and Fiserv where they are the system of record.
Asset managers and hedge funds
Order management, trade settlement, position reconciliation, NAV, and risk. Integration with Aladdin, SimCorp Dimension, and in-house OMS/PMS.
Payment processors and schemes
Card network integration, acquirer settlement, Faster Payments and SEPA Instant, fraud screening, and merchant settlement at high volume.
Insurers and reinsurers
Premium, claims, policy administration, and reinsurance settlement with compliance to ICOBS, Solvency II, and sectoral reporting.
Specialist credit and fintech
Loan origination, servicing, collections, and regulatory reporting for specialist lenders and regulated fintech operators.
Market infrastructure
Clearing, settlement, trade repositories, and CSD platforms with the resilience profile these venues require.
How engagements run
Commercial structure is matched to the situation. Three models cover most work.
License and operate a ready platform
Deploy an XVICA-developed platform configured for your environment. Optional managed operations under SLA. Best when capability gaps are specific and time-to-value matters.
Partnership modelCo-Build + OperateLong-term joint build
XVICA leads engineering; your team provides domain ownership and governance. Shared operating model with outcome-based commercial structure. Best for multi-year core work.
Partnership modelBuild-Operate-TransferBuild it, run it, hand it over
XVICA designs, builds, and operates to a specified maturity threshold, then transfers with documentation and runbooks. Best when the end state is full in-house capability.
Partnership modelRelated capabilities
Transaction & Settlement Systems
Real-time processing, settlement, reconciliation, and regulatory reporting for regulated payment and market flows.
Read onRegulatory & Compliance Engines
MiFID II, DORA, AML, and sanctions screening on a configurable rule engine with examination-ready evidence.
Read onData Orchestration Platforms
Risk and finance data with BCBS 239 lineage, SR 11-7 model inputs, and governed cross-system movement.
Read onIdentity & Access Infrastructure
Workforce, customer, and counterparty identity across legacy and cloud estates with zero-trust enforcement.
Read onSecurity Infrastructure
DORA-aligned operating model, detection engineering, key management, and rehearsed incident response.
Read onIntegration Fabrics
SWIFT, ISO 20022, FIX, and payment-rail connectivity on a governed fabric instead of accumulated middleware.
Read onFinancial institutions
The questions that come up most often during briefings.
Which types of financial institutions does XVICA build for?
Retail and commercial banks, building societies, payment processors, card issuers, asset managers, insurers and reinsurers, clearing and settlement venues, and specialist credit providers. Engagements range from single-capability builds to multi-year core platform programmes.
How do you handle UK and EU financial regulation in delivery?
Regulatory obligations are treated as structured inputs to specification. FCA Handbook sourcebooks, PRA rulebook sections, DORA, MiFID II, EMIR, Basel III/IV, and GDPR obligations are mapped to controls, which are then mapped to tests. Examination packs are produced from live system evidence.
Do you integrate with payment rails and market infrastructure?
Yes. Faster Payments, Bacs, CHAPS, SEPA (SCT, SDD, Inst), FedWire, ACH, card networks (Visa, Mastercard, Amex), SWIFT, and market infrastructure including CLS, LCH, and Euroclear. We design connectivity with resilience patterns appropriate to each rail's SLA.
What does DORA compliance support look like?
Operational resilience is treated as a design property rather than a check. Important business services are identified, impact tolerances set, third-party dependencies catalogued, severe-but-plausible scenarios tested, and findings tracked through remediation. Evidence is produced in the form competent authorities expect.
Can you work alongside our existing core banking or asset management platforms?
Yes. We commonly deliver domain-specific platforms that sit alongside Mambu, Thought Machine, Temenos, FIS, Fiserv, SimCorp, BlackRock Aladdin, and equivalents. Integration is delivered through the same fabric we would use for greenfield builds.
Further reading: enterprise, public sector, and about XVICA.
Regulatory-ready infrastructure for financial services.
Request a confidential briefing to discuss your platform, risk, compliance, or integration requirements.
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