Solutions

Comprehensive Regulatory Compliance Software for Financial Service Institutions

Learn how Chef helps financial institutions automate regulatory controls and eliminate manual efforts across on-premises, cloud, and edge environments.

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Easily Achieve Regulatory Compliance by Continuously Assessing and Remediating Systems

Chef Compliance enables financial institutions of all sizes to remain perpetually prepared for external or internal audits by running continuous compliance assessments. Chef turns security policies into automation that is used to constantly evaluate systems against those policies. DevSecOps teams can proactively identify policy breaches and react quickly to triage and remediate problems even before auditors show up, also allowing supporting teams to demonstrate how compliance has improved over time. With Chef Compliance, DevSecOps teams enter an audit cycle knowing their exact compliance posture.

Key benefits of Chef Compliance Automation solutions for financial institutions include:

  • Up to 90% reduction in time spent on audits
  • Predefined DISA STIG and CIS benchmark profiles that make implementing automated policies fast and easy
  • Proven and ready to go solutions for meeting PCI-DSS, FFIEC and other regulatory compliance mandates

Leading FinTech Company Checks 3.5 Million Controls Daily with Chef Compliance Automation

Infrastructure Configuration Management Solutions

Many Financial Services organizations have fully embraced the acceleration of application development by adopting agile principles and modern software engineering practices. Yet the number of Financial Services organizations that apply this thinking to managing IT infrastructure remains limited. Requests for infrastructure typically still go through an assembly line process that includes many handoffs, long delays and often misconfigurations.

High performing Financial Institutions have taken a novel approach and adopted Infrastructure as code, or the process of managing, provisioning, and deploying necessary infrastructure resources as code. These IT resources can be as bare-metal, VMs or hybrid cloud instances.

Chef has helped financial services organizations define infrastructure as code, ensuring that configuration policies are flexible, versionable, testable and especially simple as they are human readable. IT resources that are managed by Chef are continuously evaluated against a predefined desired state, which ensures that configuration drifts are automatically corrected and when necessary configuration changes can be universally and efficiently applied.

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Continuous Compliance Automation

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Financial Services organizations are part of heavily regulated industries in their own right such as banking, insurance, and wealth management. Regulatory, industry, or own corporate compliance standards are varied, diverse and complex to say the least so streamlined and automating these processes can be difficult.

The current regulatory state of affairs requires Financial Services organizations to provide documented and comprehensive audit of the state of compliance of their systems. Chef Compliance Automation enables Financial organizations to express compliance and security rules as code, easily detect noncompliance, identify and prioritize issues, then quickly apply remediation across the entire fleet.

Chef has assisted financial services organizations from across the globe, through Chef Compliance, to gain greater control over the detection, correction and automation of security and compliance issues.

With financial services organizations being subject to regulations such as FFIEC, PCI-DSS, FFIEC, and GDPR, managing compliance is a complex and dynamic process with a lot of moving parts. Between the myriad of international, federal, state, and local laws, industry-specific regulations, and company-specific requirements, achieving compliance in a robust financial regulatory environment can be challenging.

Chef has helped financial service institutions by delivering consistent and scalable ways to maintain and enforce compliance across their organizations.This is especially true when it comes to time-consuming and inefficient audits that divert valuable engineering resources.

Learn more about Chef Compliance

Reference Customers

DanskeBank

Danske Bank

Automating manual Server and VM deployments.

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bank-hapoalim

Bank Hapoalim

Automating infrastructure in a highly secure environment.

View the Customer Story
standard-bank

Standard Bank

Standard Bank transforms its software delivery process to provide new features at velocity.

View the Customer Story
Haventec

Haventec

Reducing Deployment From Days to Minutes, While Ensuring PCI DSS Compliance.

View the Customer Story

"...a third of financial services CIO's identified digital as their top business priority for 2019."

Gartner Blog: The 5 Digital Transformation Identities of Financial Services Organizations, January 7, 2019.

Application Delivery Automation

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In the digital world how fast an institution can respond to a change is dependent on how quickly they can move software updates from development to production. This has put increased pressures on financial institutions to adopt agile development practices, modernize their application portfolios and scale continuous delivery pipelines.

Chef Application Delivery Automation enables financial institutions to apply agile development practices to their existing portfolios and create application packages that can be consumed by any pipeline and run in any environment without rewriting or refactoring. With a regulated pipeline every change whether it be code changes, patches to the OS, changes to the supporting databases or changes to the infrastructure it is running on can be handled quickly, consistently and securely.

Key Benefits of Chef’s Approach to Application Delivery for Financial Institutions Include:

Release failure rate
Reduction in scripting for other automation tools
Reduction in the number of tools used to build and deploy applications
Reduction in manual processes/gates

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