Financial institutions face three enduring IT challenges: first, the maintenance and upgrade of legacy monolithic enterprise applications; second, the suboptimal behaviour of embedded third-party vendors in terms of slowness to...
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Financial institutions face three enduring IT challenges: first, the maintenance and upgrade of legacy monolithic enterprise applications; second, the suboptimal behaviour of embedded third-party vendors in terms of slowness to...
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Taking a strategic approach to software architecture is a priority for 2022 and financial firms are re-evaluating and modernising their underlying architecture. Digital transformation projects lean hard on IT teams...
Read MoreTaking a strategic approach to software architecture is a priority for 2022 and financial firms are re-evaluating and modernising their underlying architecture. Digital transformation projects lean hard on IT teams...
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Traditionally, account opening processes in a financial institution required face-to-face contact between the financial institution’s onboarding team and the prospective client. However, as demand from investors for non-face-to-face (NFTF) onboarding...
Read MoreTraditionally, account opening processes in a financial institution required face-to-face contact between the financial institution’s onboarding team and the prospective client. However, as demand from investors for non-face-to-face (NFTF) onboarding...
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A new two-part report from GreySpark Partners shows that financial firms on the buy and sell-side are failing to effectively use Big Data technology to their advantage. Examining how Big Data technology is being used by banks and other types of financial institutions in 2016, the two sections of the study – respectively Big Data Technology in Investment Banking, and Big Data Use Cases in Financial Services – claim that, while Big Data solutions are increasingly being deployed by the companies to manage the voluminous amounts of structured and unstructured data that they hold, many of them are not using the technology effectively.