The pressure’s on
With growing customer demand for better and faster transactions and interactions, banks, insurers and wealth management firms are becoming more technology-focused and innovation-driven than ever before.
While this new approach has the potential to unleash significant new revenue streams via digital channels, it means financial organisations must be much more agile than they’re used to. There’s enormous pressure to reduce IT costs and complexities associated with fragmented and legacy technology stacks, while staying compliant with an ever-lengthening list of regulations.
At the same time, remote workers’ identities and devices are the new security perimeter for many financial firms in the new economic landscape. Cybersecurity—already a top priority for this heavily targeted sector—is now as critical as internet access itself.