Follow the money: the major challenges facing the UK financial services sector

It’s no secret that the UK financial services industry is under pressure.

Rapid digital transformation, a demanding regulatory environment, and emerging systemic risks are all reshaping the sector. Legacy systems are straining under modern demands. AI is unlocking potential, but also exposing new vulnerabilities. And talent shortages are making innovation harder to deliver.

If you’re responsible for IT, risk, compliance, or digital strategy, these challenges are likely already on your radar. But understanding how they connect, and what to prioritise, makes all the difference.

In this white paper, we take a look at:

• Why legacy systems are holding firms back, and the hidden costs of not modernising

• How rising regulatory and compliance burdens are affecting cloud adoption, operational resilience, and data localisation

• The skills gaps slowing down transformation (and what smart firms are doing about it)

• Cybersecurity threats and the reality of shared responsibility in financial services

• AI-specific infrastructure demands, and how MLOps is reshaping financial operations

• The real impact of cloud concentration risk, vendor lock-in, and the case for multi-cloud

• How to stay competitive as challenger banks and fintechs reshape customer expectations

Download this white paper to:

✅   Understand the full scope of threats facing your institution

✅   Sense-check your own digital strategy

✅   Benchmark your organisation against sector trends and emerging best practice