EU Data Act: NeoXam makes data reversibility a founding principle of its hosting strategy
Paris, 04/08/2026 – NeoXam, a leading provider of data management and reporting solutions for the financial industry, today reaffirmed reversibility as the founding principle of its hosting strategy: built on the latest cloud technologies, the NeoXam platform lets clients choose where their data resides, under which jurisdiction it is operated, and on which infrastructure it runs ; public cloud, sovereign private cloud or on-premises.
As regulators and financial institutions place growing emphasis on where data is hosted, under which jurisdiction, and how easily it can be moved, NeoXam offers one of the most flexible hosting footprints in its market:
§ Cloud first, across dozens of AWS regions. Cloud-native by design, NeoXam’s managed platform is served by default from AWS regions ranging from the US and Europe to Singapore and Sydney, allowing clients to meet their data residency requirements.
§ A sovereign private cloud option in Europe. European clients with stricter compliance or sovereignty requirements can opt for NeoXam’s private cloud, operated under European jurisdiction, as an alternative to public cloud hosting.
§ One product, every deployment model. The same NeoXam product (same code, same features) can be deployed in a specific cloud region of the client’s choice, or run entirely on the client’s own private cloud or on-premises infrastructure.
What the EU Data Act requires
This strategy takes on particular significance with the entry into application of the EU Data Act. The regulation requires providers of data processing services to remove obstacles to switching, to guarantee data portability within defined timelines, and to phase out switching charges, including data egress fees, by January 2027. It also requires providers to safeguard non-personal data held in the EU against unlawful third-country government access.
Reversibility by design
For financial institutions, reversibility is no longer a contractual afterthought: it is becoming a design principle of the service itself. NeoXam embraced this principle early: each client runs on segregated instances with clearly identified, exportable data, and every solution can also be deployed on-premises. Clients therefore keep full freedom of choice over time, with a simple, proven path to move their data whenever their strategy evolves.
"Our clients are asking two questions with increasing insistence: where is my data, and how do I get it back? Because we designed our platform around regional hosting, sovereign options and reversibility from the outset, our answer is simple: your data stays in your jurisdiction, segregated from other customers, and it remains yours. Reversibility has been a NeoXam differentiator for years; the Data Act is now making it a market requirement."
Nicolas Holtz, Head of Managed Services Offering at NeoXam
"Whether a client chooses AWS public cloud in Frankfurt, the USA, Singapore, our sovereign private cloud in Europe, or an on-premises deployment, they get the same solution with the same level of service. That freedom of choice, and the freedom to change that choice later, is exactly what the market and regulators are now demanding."
Gilles Kammerer, Chief Operating Officer at NeoXam
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About NeoXam
NeoXam is a leading financial software company, delivering solutions and services to over 150+ customers in 30 countries worldwide. NeoXam is committed to its clients’ success: we provide reliable and scalable solutions, processing more than €25 trillion worth of assets per day and serving over 10,000 users. Through its combined talents and transparent approach, NeoXam helps buy- and sell-side players address the ongoing changes in the financial industry to grow and better serve their clients. NeoXam relies on 750+ staff, is headquartered in Paris, and has 20 offices worldwide.
For more information contact us here.
What does the EU Data Act require from data processing providers?
Self-contained answer covering switching obstacles, portability timelines, egress fee phase-out by January 2027, and third-country access safeguards.
Where can NeoXam host client data?
AWS regions (US, Europe, Singapore, Sydney), European sovereign private cloud, or on-premises; same product across all.
What is data reversibility?
A clean two-sentence definition. This is the single highest-leverage GEO item on the page; nobody owns this snippet yet.