Financial Compliance Consulting - KAIT/BAIT/DORA

The Challenge

A global asset management firm faced increasing regulatory pressure from multiple overlapping IT compliance frameworks - KAIT, BAIT, and the incoming DORA regulation. Existing internal processes had gaps that were surfacing as audit findings, and the organization needed a structured approach to achieve compliance across all three frameworks without disrupting ongoing operations.

Our Approach

Over an 18-month engagement, we conducted a thorough analysis of the firm’s IT landscape against each regulatory framework. We mapped existing controls to KAIT, BAIT, and DORA requirements, identified coverage gaps, and developed a prioritized remediation roadmap that addressed the most critical audit findings first.

The work went beyond checklist compliance. We embedded ourselves within the IT governance structure, working alongside internal teams to document processes, implement control improvements, and establish sustainable monitoring practices. Every remediation was designed to satisfy overlapping requirements across frameworks, avoiding redundant work.

The Results

Audit findings were reduced by 60% over the engagement period. The firm achieved demonstrable compliance coverage across KAIT, BAIT, and DORA - with documented processes and controls that satisfied regulatory auditors. More importantly, the compliance framework we established was self-sustaining, giving the organization the structure to maintain its posture as regulations continued to evolve.