Banking & Traditional Finance
Bank-grade compliance. Automated.
European banks face overlapping demands from BaFin, ECB/SSM, and EU regulators. DORA, MaRisk, BAIT, NIS2 - managing them manually across dozens of business lines is unsustainable. Matproof centralizes your entire compliance posture in one platform built for how banks actually operate.
Book a demoKey Compliance Challenges in Banking
Banks must satisfy DORA, MaRisk, BAIT, EBA Guidelines, and ECB/SSM expectations simultaneously. Controls overlap but requirements diverge in critical details - ICT risk classifications, reporting timelines, and governance mandates differ across each framework.
DORA Article 5 places explicit responsibility on the management body for ICT risk. Board members must demonstrate adequate ICT knowledge, approve the ICT risk management framework, and face personal liability for failures. Most banks lack the documentation trail to prove compliance.
Building and maintaining a complete register of all ICT third-party arrangements - with criticality assessments, exit strategies, and contractual due diligence - is a multi-month project for banks with hundreds of vendor relationships.
Major ICT incidents must be reported to BaFin within 4 hours of classification. The initial notification, intermediate report (72h), and final report (1 month) each require specific formats. Manual processes cannot reliably meet these deadlines.
Frameworks That Apply to Banking
Banks are subject to the most comprehensive regulatory stack in the EU financial sector.
All 5 pillars: ICT risk management, incident reporting, resilience testing, third-party oversight, and information sharing.
Banks are essential entities under NIS2. DORA takes precedence as lex specialis, but NIS2 obligations still apply for non-ICT areas.
The global ISMS standard. Many BaFin-supervised institutions use ISO 27001 as the baseline for their information security management.
Customer data protection, breach notification, DPIA requirements, and cross-border transfer rules for banking operations.
How Matproof Helps Banks
Purpose-built for the regulatory complexity that banks face daily.
Map controls once across DORA, MaRisk, BAIT, and ISO 27001. Matproof identifies overlaps and gaps automatically - your team reviews instead of rebuilding from scratch for each framework.
Generate incident reports in the exact format BaFin expects. Auto-classify severity, populate timelines, and export to the required template. Meet the 4-hour initial notification deadline consistently.
AI builds and maintains your complete ICT provider register. Criticality scoring, contract tracking, exit plan documentation, and concentration risk analysis - all required by DORA Article 28.
Give your management body real-time visibility into ICT risk posture across all frameworks. Audit-ready documentation proves board oversight and satisfies DORA Art. 5 governance requirements.
Compliance by the Numbers
reduction in manual compliance work
average time to first framework audit-ready
integrations for automated evidence collection
DORA pillars fully covered