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CIO Communication: Financial Data Platform - IT Strategy Alignment

Subject

Financial Data Platform - IT Resource & Security Approval Request

To: CIO

From

Data Platform Team

Date

January 2026


Purpose

Requesting your endorsement of our proposed data platform architecture and approval for IT resources (infrastructure, security, operations) to support financial transaction analytics and regulatory compliance.


Enterprise IT Alignment

Architecture Fit

Proposed Stack

  • Storage: AWS S3 (object storage, already in use)
  • Compute: AWS Glue (Spark Job, Version 4.0) - PySpark implementation recommended for production, aligns with cloud-first strategy
  • Analytics: Amazon Athena (serverless SQL, no infrastructure to manage)
  • Orchestration: AWS Step Functions + EventBridge (event-driven, serverless)

Alignment with Enterprise Standards

  • Cloud-first (AWS, no on-premise infrastructure)
  • Serverless architecture (reduces operational overhead)
  • Infrastructure as Code (Terraform, version-controlled)
  • CI/CD pipeline (GitHub Actions, automated deployments)

Vendor & Contract Considerations

  • No new vendors: Using existing AWS services
  • Cost model: Pay-per-use (serverless), scales with usage
  • Contract impact: None (within existing AWS agreement)

Security & Compliance

Security Posture

  1. Data Encryption:
  • TLS in transit (all API calls)
  • S3 encryption at rest: SSE-S3 (AES256) for standard buckets; SSE-KMS with customer-managed keys (CMK) for sensitive buckets (gold, quarantine)
  • Customer-managed keys (KMS) implemented with automatic rotation for sensitive financial data
  1. Access Control:
  • IAM roles with least-privilege permissions
  • Prefix-scoped access (Bronze/Silver/Gold layers isolated)
  • No public access (S3 bucket policies enforce)
  • Audit logs via CloudTrail
  1. Data Classification:
  • Financial transaction data (sensitive)
  • PII handling: Minimal in raw layer, mask/tokenize in curated layers
  • Restricted access: Raw/quarantine layers limited to Platform + Compliance teams

Compliance Alignment

  • Regulatory Requirements: Immutable audit trail, reproducible reporting
  • Data Retention: Configurable lifecycle policies (S3)
  • Audit Capability: Full lineage tracking, run_id isolation, CloudWatch logs
  • Change Management: Schema versioning, approval workflows

Compliance risk assessment: Low risk — architecture designed for auditability.


Operational Considerations

Supportability

Infrastructure Management

  • Serverless: No servers to patch/maintain
  • IaC: Terraform-managed, version-controlled infrastructure
  • Monitoring: CloudWatch metrics + alarms (automated alerting)
  • Incident Response: Defined escalation paths, on-call rotation

Operational Overhead

  • Low: Serverless architecture reduces operational burden
  • Estimated: 0.5 FTE total for ongoing operations (0.2 FTE Data Engineer + 0.1 FTE DevOps + 0.1 FTE Infrastructure + 0.1 FTE Operations) vs. 1.0 FTE for traditional infrastructure

SLA & Availability

  • Data Freshness: Same-day processing (batch, not real-time)
  • Availability: AWS S3 SLA (99.99% availability)
  • Recovery: Immutable Bronze layer enables full reprocessing
  • Disaster Recovery: S3 cross-region replication (if required)

Change Management

Governance Model

  • Schema changes require Domain/Business approval
  • Infrastructure changes via Terraform + CI/CD pipeline
  • Deployment: Automated testing, safe rollback capability

Change Impact

  • Low risk: Run isolation prevents data corruption
  • Rollback: Point _LATEST.json to previous run (instant rollback)

Cost of Ownership

Infrastructure Costs (Monthly)

ComponentCostNotes
S3 Storage~$1.15Raw + Processed + Quarantine (lifecycle policies reduce long-term cost)
Glue Compute~$26.40Pay-per-run (serverless, Spark Job), scales with data volume
Athena Queries~$0.25Pay-per-TB-scanned (partitioning minimizes scans)
Step Functions~$0.01Orchestration (daily runs)
CloudWatchFree tierMonitoring + logs (within free tier limits)
Total~$27.81/monthFor 1.5M transactions/month, scales with usage

Total Cost of Ownership (Year 1)

  • Infrastructure: $334/year ($27.81/month × 12 months)
  • Engineering (build): [To be calculated: 2 FTE × 3 months] (one-time, 3 months)
  • Operations: [To be calculated: 0.5 FTE × 12 months] (0.2 FTE Data Engineer + 0.1 FTE DevOps + 0.1 FTE Infrastructure + 0.1 FTE Operations)
  • Total Year 1: [Infrastructure ~$334 + Engineering + Operations]

Note: Engineering and operations costs depend on team salary rates. Infrastructure costs are fixed at ~$334/year for current scale (1.5M transactions/month).

Cost Optimization

  • S3 lifecycle policies (move old data to Infrequent Access)
  • Partition pruning (reduces Athena scan costs)
  • Serverless architecture (no idle costs)

IT Resource Requirements

Infrastructure Team

  • Terraform Deployment: 1 engineer, 1 week (initial setup)
  • Ongoing: 0.1 FTE for infrastructure updates

Security Team

  • Security Review: 1 security engineer, 1 week (architecture review)
  • IAM Policy Review: 0.5 week
  • Ongoing: Quarterly security audits

Operations Team

  • Monitoring Setup: 1 engineer, 1 week (CloudWatch dashboards)
  • On-call Rotation: 0.1 FTE (shared with Data Platform team)
  • Incident Response: Defined escalation paths

Risk Assessment

Risk CategoryRisk LevelMitigation
Security BreachLowIAM least-privilege, encryption, audit logs
Data LossLowImmutable Bronze layer, S3 versioning
Compliance ViolationLowAudit trail, reproducible reporting
Operational FailureMediumMonitoring, automated alerts, run isolation
Cost OverrunLowServerless (pay-per-use), cost monitoring

Overall risk: Low — Architecture follows AWS best practices; serverless reduces operational risk.


Approval Request

We request your approval for

  1. Architecture Endorsement: Approve AWS serverless architecture approach
  2. Security Approval: Approve security controls and access model
  3. Resource Allocation:
  • Infrastructure team: 1 week initial + 0.1 FTE ongoing
  • Security team: 1.5 weeks initial + quarterly reviews
  • Operations team: 1 week initial + 0.1 FTE ongoing
  1. Budget Approval: Approve $27.81/month ($334/year) infrastructure costs for current scale

Next Steps

If approved:

  1. Week 1: Security architecture review
  2. Week 2: Infrastructure provisioning (Terraform)
  3. Week 3: Monitoring + alerting setup
  4. Ongoing: Weekly operations review

Your decision needed by

February 1, 2026 - To enable Q1 2026 build phase kickoff


Questions or Concerns

Please reach out to discuss:

  • Security controls in more detail
  • Cost optimization strategies
  • Integration with existing IT systems
  • Compliance requirements

Best regards, [Name] Data Engineering + IT Architecture


Attachments


Task 5 Documentation

Task Documentation

Technical Documentation

© 2026 Stephen AdeiCC BY 4.0