In order to protect consumer and institutional assets, the financial services industry is heavily regulated across state, federal and international agencies. Significant requirements exist when it comes to protection of financial data. Therefore, while identity & access management is of critical importance across all industries, this is particularly true in the financial services arena. Identity […]
Category: Challenges & Trends
The cloud is becoming an increasingly popular way for companies across all industries to reduce costs related to their IT infrastructure. By embracing the cloud, companies are able to reduce technology infrastructure costs, innovate more rapidly and engage in more responsive client relationships. However, operating in the cloud requires a different approach to monitoring and […]
Big data is a pretty popular buzzword in the tech space these days. And while it has well established implications for marketing, product development and client retention, financial services organizations are also looking at big data to support core business functions related to asset and trade management, risk management, regulatory compliance and information security. In […]
When an organization is considering the implementation of a new technology, they want to identify the benefits before making a large investment. Therefore, running a pilot program is extremely important as it allows an organization to test the solution on a small scale and decide if the initiative suits their needs. Keep in mind, a pilot […]
Big data is a pretty popular buzzword in the tech space these days. And while it has well established implications for marketing, product development and client retention, financial services organizations are also looking at big data to support core business functions related to asset and trade management, risk management, regulatory compliance and information security. In […]
Like all industries, the manufacturing sector is in the midst of a technological revolution. From the cloud to automation to big data, recent advancements in information technology are helping manufacturing companies improve their plant productivity, their customer relations and their bottom line. Yet, technology encompasses a lot of ground. Some up and coming trends […]
The cloud is becoming an increasingly popular way for companies across all industries to reduce costs related to their IT infrastructure. By embracing the cloud, companies are able to reduce technology infrastructure costs, innovate more rapidly and engage in more responsive client relationships. However, operating in the cloud requires a different approach to monitoring and […]
In order to protect consumer and institutional assets, the financial services industry is heavily regulated across state, federal and international agencies. Significant requirements exist when it comes to protection of financial data. Therefore, while identity & access management is of critical importance across all industries, this is particularly true in the financial services arena. Identity […]
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Cloud Computing in BFSI
These days, many businesses are investigating the cloud. However, until recently banking, financial services and insurance companies weren’t among them. In the past, banks, asset management firms and other players in the BFSI ecosystem were reluctant to consider cloud environments, citing privacy concerns, security fears, regulatory requirements and the complexity of integrating internal and third […]
Traditionally, cybercrime has been fought through infrastructure. Better firewalls. Better passwords. Better identity management. Cybercrime has historically been the province of technology departments. But is it enough? The BFSI Cybercrime Environment Not in today’s day and age. Every day we hear new stories about online financial fraud or other data breaches. According to the 2015 […]