bnnovate

Regional financial services provider

CloudGovernanceforFinancialServices

Financial Services

40%

reduction in cloud spend

100%

Essential Eight maturity Level 2

12

weeks to full compliance

THE CHALLENGE

The Challenge

A regional financial services provider had migrated to cloud over several years without a cohesive governance framework. Cloud spend had grown significantly without corresponding visibility or accountability, and security configurations were inconsistent across multiple tenants and subscriptions.

The organisation faced regulatory pressure to demonstrate Essential Eight maturity at Level 2, but their cloud environment lacked the controls and monitoring required to evidence compliance.

Leadership needed a clear view of their cloud posture, a path to compliance, and a sustainable governance model that their internal team could maintain.

OUR APPROACH

Our Approach

BNNOVATE conducted a comprehensive cloud governance assessment, reviewing architecture, security configuration, access management, cost allocation, and compliance posture across Azure and Microsoft 365 environments.

We developed a cloud governance framework tailored to the financial services regulatory environment, including policies, standards, and operational procedures for cloud resource management, security monitoring, and cost optimisation.

In parallel, we delivered an Essential Eight maturity uplift program, remediating gaps across all eight mitigation strategies and implementing monitoring and evidence collection capabilities to demonstrate ongoing compliance.

THE OUTCOME

The Outcome

Cloud spend was reduced by 40% through licensing optimisation, resource right-sizing, and elimination of orphaned and underutilised resources. The savings significantly exceeded the cost of the engagement.

The organisation achieved 100% Essential Eight maturity at Level 2 within twelve weeks, satisfying regulatory requirements and positioning the business for future Level 3 uplift.

A sustainable cloud governance framework was established with clear accountability, automated monitoring, and regular reporting to the board on cloud security, cost, and compliance posture.

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