Success stories
Volksbank toward DORA: compliance takes shape with AI and GenAI thanks to GFT

Volksbank toward DORA: compliance takes shape with AI and GenAI thanks to GFT

How Volksbank prepares with the support of GFT for compliance with DORA requirements with respect to managing risks arising from third-party IT.

Volksbank-a regional bank with a strong local presence and a sustainability-oriented vision-has chosen GFT as its partner to revamp its IT vendor governance model and proactively prepare for the entry into force of the European DORA (Digital Operational Resilience Act) regulation.

Automated document checks for compliance

With the Smart Compliance product, Volksbank automates IT contract controls, ensuring alignment with regulatory requirements and reducing operational time and errors.

Artificial Intelligence and Generative AI in the Cloud

A cloud-native SaaS solution that integrates AI and GenAI to assess risk, assign compliance scores, and suggest improvements

Strategic partner for digital resilience

GFT was chosen for its technical, consulting and industry expertise, offering an end-to-end approach to compliance in banking.

Challenge

DORA Compliance Guarantee

Volksbank's Security Team needed to optimize manual controls over contract templates with IT vendors to ensure compliance with the DORA regulation. The goal was to identify a solution that would ensure control, security and accuracy in IT contract management while ensuring operational scalability and regulatory readiness in a highly regulated environment.

Engagement

Smart compliance

To meet this challenge, GFT has provided the proprietary Smart Compliance asset, powered by AI and GenAI technologies. The solution, designed in cloud-native logic, enhances IT contract management through automated analysis, dynamic assignment of compliance scores and evolutionary suggestions. This approach enables Volksbank to evolve supplier monitoring to DORA, strengthening its regulatory responsiveness with a proactive and sustainable view over time.

Benefit

AI-powered compliance

Volksbank will benefit from a scalable and secure compliance framework designed to simplify operational management and support the progressive evolution to an AI and GenAI-enhanced compliance model.

Why GFT?

Technology, consulting and industry know-how

GFT was chosen for its deep expertise in compliance and ability to combine a solid vision on AI and a proprietary solution with specialized consulting services. The project is based on an established strategic partnership and a proven track record of success in the banking industry.