Financial Services Digital Transformation Partner

Financial Services & Insurance

Telefónica Tech provides secure, compliant and intelligent digital transformation for Financial Services & Insurance, with AI-powered solutions that elevate customer and colleague experiences.

Rising customer expectations

Customers expect seamless, personalised, always‑on digital experiences, benchmarking banks and insurers against leading digital-native brands.

Increasing regulatory pressure

FSI firms must demonstrate strict compliance with frameworks such as DORA, GDPR, PSD2, and Open Banking, and navigate evolving AI governance.

Blockers to modernisation
Legacy systems slowing transformation

Legacy systems remain one of the biggest barriers to digital transformation in FSI, creating bottlenecks in agility, innovation and compliance.

Escalating cyber security and resilience risks

As FSI firms face growing exposure to cyber attacks, fraud and disruption, strengthening cyber resilience while maintaining service continuity is becoming a critical priority.

WHAT WE DO

Modernising for the next chapter of FSI

Being a high-trust environment, FSI institutions not only need solutions that are secure, compliant, and scalable, but that also strike the balance between AI and human operations. Combining innovation with industry expertise, Telefónica Tech supports the FSI sector with this kind of transformation: modernising through cloud infrastructure, data platforms, AI, business applications, and cybersecurity.

TRUSTED BY LEADING FSI FIRMS

End-to-end Digital Transformation Services for FSI

Telefónica Tech brings a unique ability to support end-to-end digital transformation in FSI. We partner with banks, insurers, and capital markets firms throughout the UK and Ireland to deliver tailored technology solutions, from customer interfaces, to internal operations, to secure infrastructure:

Business Applications
Data & AI
Cloud
Cyber

Building the future of FSI

01 Increase operational efficiency

Through automation, data integration and modern digital platforms, Telefónica Tech helps FSI firms simplify complex processes and reduce operational friction. Technologies such as AI, analytics and automation enable straight‑through processing, faster decision‑making and reduced manual effort across core functions. Ultimately, driving lower costs and improved speed without sacrificing quality or compliance.

01 Increase operational efficiency
Modernise the customer and colleague experience
02 Modernise the customer and colleague experience

By enabling omni‑channel engagement and intelligent digital workplaces, Telefónica Tech helps FSI organisations modernise how customers and employees interact with services. Conversational platforms, digital interfaces and integrated systems deliver faster, more personalised experiences for customers, while empowering colleagues with intuitive tools that support agile, modern ways of working.

02 Modernise the customer and colleague experience
03 Leverage scalable, balanced AI solutions

Telefónica Tech enables FSI organisations to adopt AI in a responsible, scalable way, combining advanced analytics, automation and AI‑driven decisioning with strong governance and human oversight. By applying AI where it delivers the greatest impact, such as fraud detection, risk management and customer engagement, Telefónica Tech helps firms increase productivity and insight while maintaining transparency, control and trust across their operations.

03 Leverage scalable, balanced AI solutions
Data-driven decisions
04 Make informed decisions based on rich insights

Unlock the value of your data by creating AI‑ready analytics foundations. By unifying data from across products, channels and systems, we help organisations gain real‑time insight to support smarter decision‑making, improved risk management and enhanced customer understanding - underpinning advanced AI use cases across the business.

04 Make informed decisions based on rich insights
Resilience and cybersecurity
05 Ensure resilience and regulatory readiness

Telefónica Tech supports financial institutions in strengthening cyber resilience and meeting evolving regulatory demands. With security embedded across cloud, data and digital platforms, organisations are better protected against cyber threats, fraud and disruption, while maintaining strong governance, compliance and auditability. This is critical for business continuity and regulatory confidence in a highly regulated sector.

05 Ensure resilience and regulatory readiness
06 Operate a cloud-native, secure infrastructure

Modernise your technology estate with cloud‑native, secure infrastructure designed for agility and scale. Our cloud platforms provide the resilience, flexibility and performance needed to support digital innovation, while embedded security and compliance controls ensure sensitive financial data and operations are protected at every layer.

06 Operate a cloud-native, secure infrastructure

Ready to transform FSI? Get in touch with our experts →

Hear from our FSI customers

Markel FSI Case Study
01 / 04
Markel: Transforming Customer Service in Global Specialty Insurance

How Markel, global provider of specialty insurance solutions, modernised Helpdesk Operations across the UK business with Telefónica Tech and Microsoft Dynamics 365.

Financial Services
Virgin Money FSI Case Study
02 / 04
Boosting Virgin Money's Customer Acquisition from 5% to 34%

Discover how we developed a client onboarding platform, maximising automation and minimising customer input for Virgin Money.

Financial Services
Underwriter & Broker Management at Beazley
03 / 04
Modernising Underwriter Availability & Broker Interactions at Beazley

Discover how Telefónica Tech used Microsoft Power Platform to help Beazley rapidly digitise underwriter interactions. What previously relied on in‑person, manual processes was replaced with a secure, cloud‑based broker booking solution — delivered in days and weeks.

Financial Services
04 / 04
Progressive Building Society chooses Managed Service to improve delivery of IT

How Progressive Building Society, a top‑10 UK building society, improved the delivery of its IT operations and refocused internal teams on customer needs by adopting a proactive managed service with Telefónica Tech.

Financial Services

FAQs

Telefónica Tech has a strong ecosystem of market-leading technology partners that enable our solutions in the FSI industry and beyond. We work with Microsoft, AWS, HPE, Databricks, Crowdstrike, Fortinet and more to deliver transformational, tailored systems based on our customers’ needs. Learn more about our Partners.

We work with banks, insurance providers and capital markets to deliver end-to-end digital transformation. Our FSI customers are diverse in size, ranging from hundreds to thousands of staff working across several locations. Take a look at some of our FSI customer case studies to learn more about our clients.

We bring a unique combination of technology innovation and industry expertise in the FSI space. More than just a point-solution provider, Telefónica Tech brings capabilities across the entire digital transformation spectrum, spanning Cloud, Cyber, Data & AI, and Business Applications. We’re a strategic partner for all of your technology needs as a bank, insurer or capital markets firm, eliminating information siloes and taking the time to become an extension of your in-house teams.

Telefónica Tech UK&I is headquartered in London, with offices around the UK including Inverurie, Glasgow, Belfast, Manchester and more. Our employees are based throughout the country, and we regularly collaborate with our colleagues across Europe. Learn more about our locations.

Start the conversation today – all it takes is reaching out. Get in touch, tell us a bit about your needs, and a member of the team will be able to help get you the solutions you require. Whether it’s arranging a consultation, demo, or just an informal chat, our colleagues stand ready to help you on your digital transformation journey.

GET IN TOUCH

Contact Us

Take the first step to FSI transformation

Explore what Telefónica Tech can do for you. Get in touch today and a member of the team will reach out to learn more and discuss how we can help.

 

FSI TRANSFORMATION RESOURCES