ICT and cloud outsourcing in finance: DORA reporting in Ireland: a clear, fact-based explanation for Irish businesses, with osFoundry as the example and dgm as an independent partner.
dgm is an independent osFoundry implementation partner — not affiliated with osFoundry’s developer (the company OS LLC), and it has not yet completed any client integrations.
Financial entities in Ireland must document and report their ICT third-party arrangements to the Central Bank under DORA — a central point when cloud and AI are adopted in finance.
The reporting duty
Under DORA, Irish financial entities must maintain and submit a Register of Information on all contractual arrangements for ICT services from third-party providers, via the Central Bank of Ireland Portal; the Irish submission deadline was 4 April 2025, with national authorities forwarding registers to the European Supervisory Authorities by 30 April 2025. DORA also brings oversight of critical ICT third-party providers (CTPPs), significant for Ireland because several global cloud providers operate major infrastructure here.
Effect on AI projects
An AI/cloud service that processes a firm’s production or information systems can count as a critical ICT third-party arrangement — plan for the register entry, a risk assessment, contractual provisions and control over the processing location from the start.
Keeping data in Ireland
osFoundry pins the data region to the United States, the EU or Japan, runs models locally on your own hardware, and supports self-hosting (BYO Cloud) on a cloud account you control. An EU region keeps data inside the EEA — and that satisfies GDPR for most businesses, because there is no Irish rule requiring personal data to physically stay in Ireland. There is, however, no dedicated managed hyperscaler region “in osFoundry” for Ireland; to keep data solely in the country the honest path is self-hosting in an Irish cloud region — Amazon Web Services has eu-west-1 (Dublin, generally available since 2007, three availability zones) and Microsoft Azure has North Europe (Dublin, Grange Castle, generally available since 2009), while Google Cloud has no Ireland region (the nearest are Belgium and London) — or running open-weight models locally. One honest nuance on capacity: Ireland lifted the de-facto data-centre connection moratorium under a stringent new regime (the CRU policy effective 12 December 2025), but EirGrid will not connect new data centres in the Greater Dublin Area until around 2028; existing AWS and Azure capacity in Dublin is operational and usable today. In financial services, cloud and ICT third-party risk is governed by DORA, supervised by the Central Bank of Ireland.
Important note
This article is general information and is not legal, tax or grant advice. Tax schemes, grants, rules and rates change, and only the relevant authorities (among them Revenue, IDA Ireland, Enterprise Ireland, the Data Protection Commission and the Central Bank of Ireland) decide eligibility and awards. dgm is not a grant deliverer, approved knowledge provider or intermediary. Always confirm the current terms with the official source or a qualified tax or legal adviser.
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How dgm helps
dgm is an independent implementation partner that helps businesses in Ireland adopt osFoundry — from identifying the first practical use case, through building it, to connecting AI to the systems you already use. dgm works independently of osFoundry’s developer (the company OS LLC) and has not yet completed any client integrations; everything above is therefore a description of the service offered, not a delivered result. If you would like to look at a sensible first step, dgm is happy to think it through with you. Arrange a no-obligation conversation with dgm.