WHY DO BANKS STILL PREFER TO KEEP BUSINESS APPLICATION SERVICES ON-PREMISE RATHER THAN ON THE CLOUD?
In a bid to modernize businesses, banks, and financial institutions are increasingly using cloud computing. While this is true, the reality is that a larger population of IT decision-makers remain hesitant to use cloud technologies. Cloud providers offer secure infrastructure and tools, but customers are ultimately responsible for configuring and using those resources in a […]
Staying Ahead of the Curve – How can Banks Embrace SaaS for Banking?
How can Banks embrace SaaS for Banking? The digital banking market is poised to grow globally from $8.2 billion (2021) to $13.9 billion (2026) at a CAGR of 11.3%. From increasing smartphone adoption, rising demand for digital payment solutions, and the growing popularity of digital-only banks –the increasing scenarios are making it incumbent for traditional […]
In an age of digital innovation and open banking, regulatory compliance in the banking sector has become more complex than ever. The need to meet stringent regulatory requirements while adapting to the dynamics of the financial landscape has spurred the rise of Regulatory Technology, or RegTech. This blog explores how RegTech is reshaping banking compliance […]
In an era of rapid technological advancements, wealth management firms must be at the forefront of innovation to fulfill the evolving needs of their clients. The digitization of wealth management is not just a trend; it’s the future. This blog explores how wealth management firms can ascertain that their Technology is future-ready to provide their […]
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