Banking & Financial Services

The Financial Services industry is operating in a challenging environment.  Against a backdrop of continued economic uncertainty and tighter regulation, financial institutions need to get more secure and open – at the same time.

BAE Systems Detica has extensive experience in the institutional and retail banking industries within Australia, providing a wide range of services for clients including: risk management, anti-money laundering, security audits, information security governance models, compliance assessments and technical security reviews.

Detica understands the complex relationships between security, technology, and the regulation of the banking and finance industry in Australia. We have an open dialogue with the banking and finance industry regulators, and utilise our knowledge of the industry to address the inter-relationship between compliance and information technology requirements, with particular regard to:

  • Australian Prudential Regulation Authority (APRA) Prudential Standards
  • AUSTRAC Reporting & Anti-Money Laundering Requirements
  • Australian Banker's Association (ABA) Codes of Practice
  • Office of the Australian Information Commissioner (OAIC) Privacy Case Notes & Privacy Act
  • Australian Securities Exchange (ASX) Listing Rules
  • International regulation including Sarbanes-Oxley, Gramm-Leach-Bliley and the European Privacy Directive.
  • Technology platforms including SWIFT, Austraclear, Exigo, LiffeNet, BT Radianz, and many others.

References for specific projects and engagements can be provided upon request and execution of a non-disclosure agreement. For more information regarding how Detica can help your Banking and/or Financial Services organisation, please contact us at australia@baesystemsdetica.com or on 1300 027 001.