--- title: The Impact of Modernization and Effective Management of IT in the Banking Sector description: The modernization project led to a significant reduction in the budget and timeline for FDIC compliance, enhanced security, improved operational efficiency, and a trusted partnership with DivergeIT for ongoing IT management. --- ![images](https://go.divergeit.com/hs-fs/hubfs/images.png?width=450&height=112&name=images.png) # The Impact of Modernization and Effective Management of IT in the Banking Sector ![Screenshot 2025-08-19 at 1.10.31 PM](https://go.divergeit.com/hs-fs/hubfs/Screenshot%202025-08-19%20at%201.10.31%20PM.png?width=1132&height=992&name=Screenshot%202025-08-19%20at%201.10.31%20PM.png) Industry Banking Challenge Montecito Bank faced challenges with outdated on-premises IT infrastructure and a manual, cumbersome process for achieving FDIC compliance. Results The modernization project led to a significant reduction in the budget and timeline for FDIC compliance, enhanced security, improved operational efficiency, and a trusted partnership with DivergeIT for ongoing IT management. Key Product Microsoft 365, Azure, Exchange Online, Azure Active Directory, Microsoft Intune, SharePoint Online, DivergeIT Compliance Platform 175 Servers Migrated 400 Users Assessed 700 Computers Assessed 50% Compliance Timeline Reduction ## "We wanted an IT partner that was big enough to be the best, but also small enough to care about us and make us a priority and I feel very happy with our decision to partner with DivergeIT" Richard Chun CTO ![348s](https://go.divergeit.com/hs-fs/hubfs/348s.jpg?width=348&height=348&name=348s.jpg) ## About your Customer Montecito Bank is a locally owned community bank on the central coast. Starting as one branch in 1975, Montecito has expanded to acquire and create several new branches over the years. ## The Challenge Due to the pandemic and given how much technology plays a part in its business, it is vital that Montecito’s IT devices, software, and company information are secure and up to date. Montecito would like to replace their current disaster recovery environment and identify security vulnerabilities and operational improvements needed to ensure success as they adapt to the changing environment. Before partnering with DivergeIT, Montecito Bank struggled with an outdated on-premises IT infrastructure. This setup not only increased security risks but also made the process of achieving FDIC compliance manual and cumbersome. The bank recognized the critical need for IT modernization to ensure the security, reliability, and efficiency of its technology infrastructure. ## The Solution Montecito Bank decided to modernize their IT infrastructure by leveraging DivergeIT's compliance platform along with Microsoft's Azure and Office 365 services. The decision process involved evaluating several options, but ultimately, the combination of DivergeIT and Microsoft's solutions stood out due to their comprehensive approach to modernization and compliance. 'There had to be a better way to manage our IT and meet our compliance goals,' noted a representative from Montecito Bank. By migrating 175 servers, assessing 400 users, and evaluating 700 computers, Montecito Bank was able to streamline its compliance processes significantly. ## The Results The modernization project resulted in a 50% reduction in the compliance timeline, significantly lowering both the budget and time required to achieve FDIC compliance. Additionally, the bank experienced enhanced security and improved operational efficiency. The trusted partnership with DivergeIT ensured ongoing effective IT management, positioning Montecito Bank as a forward-thinking financial institution with a robust technology infrastructure. ## Ready to get started? 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