How 6clicks helps MSPs serve financial services clients

Financial services is the most lucrative and demanding GRC client segment for MSPs. APRA-regulated entities, AFS licence holders, and financial services technology providers face some of the most complex and consequential compliance obligations in the Australian market. 6clicks gives MSPs the tools to serve them. 

Who this is for: MSPs serving or targeting financial services clients in Australia, including banks, insurers, superannuation funds, AFS licence holders, and fintech companies.

 

TL;DR

 

• APRA-regulated entities must comply with CPS 234 (information security) and increasing operational resilience requirements
• AFS licence holders face ASIC cyber security expectations and Privacy Act obligations
• Financial services clients generate the highest-value GRC contracts due to regulatory complexity
• 6clicks includes pre-built frameworks for CPS 234, ISO 27001, SOC 2, and Privacy Act compliance
• If you serve a financial services client today, their CISO or risk manager has GRC needs you can meet

The financial services compliance landscape in Australia

Australian financial services organisations face a multi-layered regulatory stack:

APRA CPS 234

The Australian Prudential Regulation Authority (APRA) Prudential Standard CPS 234 requires APRA-regulated entities to maintain information security capabilities commensurate with the size and extent of information security vulnerabilities. Key requirements include:

• Maintaining information security capabilities aligned to the organisation's risk profile
• Notifying APRA of material information security incidents within 72 hours
• Annual assessment of information security controls by an appropriately skilled function

APRA CPS 230

CPS 230 (operational risk management, effective July 2025) sets requirements for operational resilience, business continuity, and third-party service provider management. MSPs delivering services to APRA entities are directly affected as third-party service providers.

ASIC cyber security expectations

The Australian Securities and Investments Commission (ASIC) has published guidance on cyber security obligations for AFS licence holders and market infrastructure providers.

Privacy Act and Consumer Data Right

Financial services entities face Privacy Act obligations and, for relevant businesses, Consumer Data Right (CDR) compliance requirements.

How 6clicks supports financial services GRC delivery

• CPS 234 framework pre-configured with APRA's information security requirements mapped to controls
• CPS 230 third-party service provider assessment templates for MSPs subject to APRA oversight
• ISO 27001 framework for financial services entities seeking international certification
• Privacy policy library aligned to Australian Privacy Principles and CDR requirements
• Vendor Risk Management module for third-party service provider management under CPS 230
• Incident management workflows compliant with APRA's 72-hour notification requirement

How to position GRC services to financial services clients

The most effective framing for financial services GRC conversations:

• "APRA expects your board to receive regular information on your CPS 234 compliance status — do you have that visibility today?"
• "Under CPS 230, you need to manage your third-party providers' risk. Are all your critical service providers assessed?"
• "A material information security incident needs to be reported to APRA within 72 hours. Do you have the processes in place to identify, assess, and notify?"

Frequently asked questions

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