"When governance is slow, risk-prone, and paper-based, it stops banks from competing—not just on features, but on stability and trust." - Mike Long, Kosli Co-Founder & CEO Share The findings are based on a comprehensive methodology that combines internal developer surveys, real-world DevOps performance data, documented regulatory enforcement actions, and case studies from institutions including Morgan Stanley, Deutsche Bank, State Farm, Finansinspektionen (Financial Supervisory Authority) Sweden, The Financial Conduct Authority (FCA), and others. Key Findings: Legacy Governance Is the Final Bottleneck Despite adopting DevOps and CI/CD at scale, banks remain constrained by manual, paper-heavy governance practices originally designed for once-a-year releases—not today's daily deployments. Among the report's most striking revelations: In 2023, Swedbank was fined $81.52 million after failed governance led to outages affecting nearly one million customers.