Operational Resilience, Data Sovereignty, and Mainframe Modernization solutions
PwC UK and Cockroach Labs have partnered to deliver comprehensive solutions for banks and financial institutions facing regulatory complexities and mandates related to operational resilience, business continuity, and data sovereignty.
Cockroach Labs and PwC UK
CockroachDB provides robust support for multi-cloud, multi-region, and data domiciling to mitigate regulatory risks, making it an ideal pairing with PwC to provide these solutions for financial institutions. In addition, this collaboration addresses the growing need for enterprises to transition away from legacy mainframes to align with modern customer expectations and cost optimization initiatives.
Operational Resilience
PwC UK and Cockroach Labs provide comprehensive solutions to help meet regulations such as the Digital Operational Resilience Act (DORA) and supervisory statements by the Bank of England’s Prudential Regulation Authority (PRA), emphasizing the need for multi-cloud and multi-region platforms to reduce the risks of unplanned outages and vendor concentration risk for critical financial infrastructure.
Data Sovereignty
PwC UK and Cockroach Labs help financial institutions navigate evolving global data sovereignty regulations without the unnecessary overhead costs and operational complexities of managing multiple isolated databases across the globe.
Mainframe modernization
Firms can reduce the risks, costs, and complexities of legacy mainframe modernization by leveraging PwC UK’s experience in identifying optimal migration strategies, tapping their delivery partner network, and partnering with CockroachDB for a modern distributed database with SQL familiarity, 5-9s of availability SLAs, hybrid deployments, and feature parity with mainframe databases.