Protecht for banks and building societies

Strengthen resilience. Own your risk.

Empower your risk, compliance, and executive teams with one platform to manage obligations, oversight, and third-party resilience: designed to meet the complex regulatory expectations facing banks and building societies.

Stay ahead of changing regulations and obligations

Streamline how you capture, assess, and respond to regulatory updates from the PRA, FCA, and other authorities.

Monitor and manage compliance with SMCR, Basel III (Basel 3.1), Consumer Duty, Operational Resilience, UK Corporate Governance Code, financial crime, and conduct regulations in a single, centralised platform
Track regulatory changes and map them to policies, controls, and obligations to reduce manual effort and oversight risk
Assign ownership, schedule actions, and log attestations to meet deadlines with confidence
Enable clear and consistent board reporting with real-time dashboards and audit trails

Gain an integrated view of enterprise risk

Consolidate fragmented risk and compliance systems into one connected framework for full visibility and better decisions.

Connect risk registers, controls, compliance obligations, and incidents in one place
Align with PRA and FCA expectations for integrated enterprise-wide risk management
Report across all risk types with dynamic dashboards showing trends, heatmaps, and control effectiveness
Replace spreadsheets and siloed systems with a scalable solution tailored for banks and building societies of all sizes

Strengthen your operational resilience and incident response

Meet regulatory requirements for operational resilience, third-party oversight, and business continuity planning.

Record, triage, escalate, and resolve incidents with automation and traceability
Identify, map, and test resilience plans for important business services and critical service providers
Conduct root cause analysis and link incidents to related risks, obligations, and controls
Support compliance with FCA PS21/3, PRA operational resilience expectations, and CTP oversight for major third parties

Manage third-party risk with confidence and clarity

Maintain a central register of service providers, assess risks, and demonstrate oversight at all times.

Create a full inventory of service providers with tiered risk ratings and performance metrics
Schedule and document reviews, due diligence, and ongoing monitoring
Map third-party risks to related incidents, controls, and business continuity plans
Prepare for enhanced third-party oversight under the PRA/FCA CTP regime and DORA for EU operations

Trusted by well known organisations

Flexible risk management. Designed by risk experts.

Analytics & dashboards

Configurable platform

User experience

Implementation and support

Your insights. Made for action.

Get a full picture of your business’s risk profile – so you can make better strategic decisions faster. Protecht’s platform delivers interconnected, structured data through dashboards and reports that can be easily categorised and documented. So you can spot trends and identify areas that need the most action. And bring important stakeholders along the journey too.

A platform of possibilities.

Our system can be configured to your business’s unique needs without any coding. With features like a dynamic form builder, the capability to automate notifications and email alerts based on your unique needs and customisable risk assessment scales, it has the flexibility you need for a risk solution that’s all your own.

Designed for teams. Delivered to take you further.

Risk management isn’t the responsibility of one person. Protecht’s clean, easy-to-use solutions help you engage and empower more of your team – so that risk ownership reaches more of your organisation. That means less time chasing teammates on the day-to-day tasks. And more time focusing on strategic work that makes the biggest difference

Get the expertise. Experience success.

No two organizations are the same – and that includes how they manage risk. For over twenty years we’ve been partnering with clients across all kinds of industries to implement ERM solutions that adapt to their needs and set them up for success. Our team can quickly implement a way forward that works for you – and then keep you at the forefront of any key changes to the risk landscape.

Case Study

How Pinnacle Investment Management stays in control with Protecht

Pinnacle Investment Management needed a robust and scalable system that they could easily adapt to meet operational and regulatory obligations worldwide. Choosing Protecht ERM meant that their own expert risk managers could stay in the driver’s seat.

Thought leadership on risk for banks and building societies.

Watch our latest thought leadership webinars and read the latest blogs, eBooks and white papers on risk management topics for banks and building societies.

Blog

UK Corporate Governance Code: Why you need to act now.

Read now

Blog

A fair deal: How to integrate the Consumer Duty into your operations.

Read now

Operational resilience

The complete guide to achieving operational resilience.

Read now

Case study webinar

Learn how the risk function at Metro Bank digitised their risk process.

Watch now

Frequently asked questions about governance, risk and compliance (GRC) for banks and building societies

Banks and building societies face a dual regulatory regime. Prudential risks such as capital, liquidity, and operational resilience fall under the PRA, while the FCA oversees conduct, market integrity, and customer outcomes. Key requirements include SMCR for executive accountability, Basel 3.1 reforms, Operational Resilience rules (effective March 2025), Consumer Duty, and ongoing obligations for financial crime, outsourcing, and governance.

SMCR establishes personal accountability for senior leaders, requiring clear delineation of responsibilities, fit and proper assessments, and robust governance to ensure risks are managed effectively. Protecht supports SMCR compliance by mapping responsibilities, controls, and attestations in a single system.

Basel 3.1 introduces revised capital calculations, particularly affecting credit risk and market risk. Larger banks should have implemented these change, while smaller firms may qualify for the PRA’s developing “Strong and Simple” regime, easing requirements for non-systemic institutions.

Firms must identify important business services, set impact tolerances, and demonstrate the ability to prevent, adapt to, and recover from disruptions. Protecht provides structured workflows for incident management, resilience testing, third-party oversight, and compliance reporting.

UK banks with EU operations or cross-border services fall within DORA’s scope, requiring enhanced ICT risk management, incident reporting, and third-party oversight. Even firms without EU entities may be indirectly impacted as global ICT providers standardise resilience measures. Protecht helps banks manage these requirements, both for EU compliance and UK-specific third-party oversight under the new CTP regime.

A centralised system allows banks to document outsourcing arrangements, assess risks, monitor performance, and link third-party risks to incidents and controls. Protecht enables oversight aligned with PRA expectations, DORA standards for EU operations, and the upcoming Critical Third Parties regime.

Protecht connects risk, compliance, audit, and incident data into a single source of truth, improving real-time risk visibility, board reporting, and regulatory alignment. It enables centralised controls management, dynamic reporting, and integrated workflows to support evolving GRC demands, including model risk, ESG risk, cyber resilience, and regulatory change management.

Strengthen resilience. Own your risk.

Stay ahead of changing regulations and obligations

Gain an integrated view of enterprise risk

Strengthen your operational resilience and incident response

Manage third-party risk with confidence and clarity

Trusted by well known organisations