Boston, September 8, 2021โ Enterprise architecture is an area of growing interest for the Federal Financial Institutions Examination Council. The latest FFIEC IT Examination Handbook, released on June 30, 2021, focuses specifically on architecture, infrastructure, and operations (AIO), and its combination with DevOps. The FFIEC IT Examination Handbook essentially is setting regulatory guidelines and expectations for AIO.
This brief explains the changing role of enterprise architecture and how the practice delivers value to firms supervised by the Federal Deposit Insurance Corporation (FDIC). The brief also outlines an architecture best practice checklist that will allow chief architects and their chief technology officers to continue to deploy the latest technology in ways that keep regulators happy.
Clients of Aite-Novarica Group’s Retail Banking & Payments, Commercial Banking & Payments, Wealth Management, Capital Markets, Cybersecurity, or Fraud & AML service can download this 18-page Impact Brief. To learn more about the topic covered in this Impact Brief, please contact us at [email protected].
This report mentions AllData, Bancorp, BBVA, Fidor, Fiserv, Moven, MYbank, N26, Plaid, Raisin, SolarisBank, Simple, Spotify, Starling Bank, Tink, Token.io, TransferWise, TrueLayer, Vaamo, Yodlee, and WeBank.
About the Author
Mitch Wein
Mitch Wein is an Executive Principal in the Insurance Practice at Datos Insights. He has expertise in international IT leadership and transformation as well as technology strategyย for banking, insurance (life, annuities, personal, commercial, specialty), and wealth management. Prior to joining Datos Insights, Mitch served in senior technology management positions at numerous financial institutions.ย At Bankers Trust (now Deutsche Bank), he automated...