Case Study: Challenger Bank achieves secure cloud banking launch with CSI Ltd

Challenger Bank launches secure cloud banking in under 6 months with CSI Ltd

The customer, Challenger Bank, is a challenger bank operating in a highly regulated environment. Its goal was to build a secure, compliant, cloud-based banking solution within 12 months, but it faced complexity due to strict data regulations and FCA compliance. The bank needed to select a cost-effective core banking platform and find established cloud service providers like vendor CSI Ltd.

CSI Ltd migrated the bank's Finova application to the Microsoft Azure cloud, delivering a secure digital platform within regulator guidelines in under six months. This solution was key in the bank securing its banking licence and achieving one of the fastest 'licence to launch' timelines in UK banking history. The bank benefitted commercially from reduced upfront costs and the ability to scale its operations as it grows.