Frequently Asked Questions
What data management services does Elait offer to financial services firms?
Elait offers a full suite of data management services for financial services and banking clients, including data strategy, data engineering, data governance, regulatory reporting, data quality management, and cloud migration. We serve retail banks, investment banks, asset managers, and insurers across the UK.
How does Elait help banks with data compliance?
Elait helps financial institutions meet regulatory data requirements including BCBS 239, GDPR, FCA data governance standards, and reporting obligations for FINREP, COREP, and MiFID II. We design data governance frameworks and lineage capabilities that support audit-ready, compliant data environments.
What regulatory frameworks does Elait support for financial data governance?
Elait supports financial data governance frameworks aligned to BCBS 239, GDPR, FCA guidance, PRA requirements, and internal model governance for IFRS 9 and Solvency II. We help firms establish data ownership, data dictionaries, lineage tracking, and quality controls that satisfy regulatory scrutiny.
Can Elait help financial institutions with cloud migration?
Yes. Elait has extensive experience migrating financial services data workloads to AWS, Azure, and Snowflake, navigating the regulatory, security, and resilience requirements specific to regulated financial institutions. We work with compliance and risk teams to ensure cloud deployments meet FCA and PRA expectations.
What makes Elait's financial services data management approach different?
Elait combines deep technical data engineering capability with domain expertise in financial services regulation, risk, and operations. Unlike generalist consultancies, our consultants understand both the technology and the business context — delivering solutions that are robust, compliant, and aligned to commercial goals.