Why choose our Financial Services Technology and Payments lawyers?
We have decades of experience supporting financial sector firms
and their suppliers, including advising on the regulatory impacts of rolling
out new technologies and cross-border work. We understand that financial firms
are technology-driven and highly regulated. Our clients are under unique
pressures to innovate, respond to cost pressures and meet the highest standards
for performance.
Our team offers deep expertise in implementing financial
technology platforms and new products in areas as diverse as share and bond
dealing, back office systems and fintech. We also support a wide range of
traditional outsourcings, cloud and SaaS contracting and technology consulting.
As well as contractual support, we regularly work with clients on their
internal risk assessments and communications with the regulators on new
projects. We focus on delivering pragmatic solutions to the legal, operational
and regulatory challenges of technology implementations in critical financial
services environments.
Equally, we support suppliers to the financial sector in
understanding financial services customers and how to provide viable, compliant
solutions. Our insights into the customers' and suppliers' perspectives helps
us bridge gaps and conclude transactions more swiftly.
As payment services unlock new opportunities nationally and
internationally, our team has a strong practice in this particular area. Our
experts guide clients through the regulatory maze and the commercial and
technology transactions which support them. For businesses who are keen to
remain outside the regulatory perimeter, we can provide guidance on how to
minimise regulatory risk, without compromising on the commercial objectives.
Notable deals and highlights
- Advising a regulated investment exchange on a fintech joint venture, including set-up, technology, regulatory impacts and changes to their terms of membership.
- Acting for a major payment services provider on
its FCA authorisation application
- Advising numerous fintech and digital services
providers on compliance with EBA/FCA/PRA outsourcing guidelines/requirements
- Advising a digital bank on its outsourced core
banking system development and roll out
- Advising a digital bank on placing its core
banking systems on the Google cloud (the first UK bank to do so)
- Acting for numerous non-financial firms on whether
they are regulated in relation to payment services including for example for a
global digital entertainment provider on its payment/gift cards programme across
Europe and beyond
- Advising a leading fintech solution provider on
its commercial transactions and regulatory issues
- Advising a US payment services provider on its
roll out of new contract frameworks for its European business
- Advising a UK bank on its core banking
outsourcing to a Middle East provider
- Advising a number of global banks on setting up a bond trading platforms and back-office bond settlement outsourcing
- Advising a leading UK based bank on a series of
strategic outsourcing programmes