Forrester’s 2021 Financial Services Architecture Survey Needs Your Input
Forrester IT
SEPTEMBER 28, 2021
Banks and other financial services firms always ask: “What are the others doing?” Source: Financial Services Firms Have Solid […].
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Forrester IT
SEPTEMBER 28, 2021
Banks and other financial services firms always ask: “What are the others doing?” Source: Financial Services Firms Have Solid […].
Forrester IT
JANUARY 16, 2019
An important part of Forrester’s research process is gathering input from financial services companies, so we can advise our clients on the latest trends in the market. We’ve kicked off some new research, and we need your help. We’re currently fielding a survey for vendors, end users, and experts that will provide the key input […].
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Forrester IT
FEBRUARY 14, 2023
Get to Know Steven Russman I am a senior analyst in Forrester’s Technology Architecture and Delivery service, offering guidance and direction to software asset, IT asset, and IT financial managers worldwide. SAM and ITAM are […]
Forrester IT
JUNE 14, 2023
At Forrester, we see financial services firms […] Our data at Forrester backs this up: Industry solutions grow at a compounded annual growth rate of 13.9%, a rate faster than horizontal customer experience tech.
CIO Business Intelligence
JANUARY 4, 2024
Financial institutions must ensure the protection of sensitive personal information, most commonly payment card data, to maintain, trust and meet various regulatory requirements. The Payment Card Industry Data Security Standard (PCI DSS) is a crucial framework to which financial institutions must adhere.
CIO Business Intelligence
SEPTEMBER 14, 2023
At Discover® Financial Services, our customers and their trust are key drivers of our technological decisions. With this in mind, we embarked on a digital transformation that enables us to better meet customer needs now and in the future by adopting a lightweight, microservices architecture.
CIO Business Intelligence
NOVEMBER 8, 2023
That’s where EVP and CIO Kathy Kay found herself in coming to Principal Financial Group from PG&E in May 2020 with a desire to lead an aggressive plan to adopt digital technologies, ranging from the cloud to AI. Digital Transformation, Financial Services Industry
CIO Business Intelligence
OCTOBER 25, 2022
The move to digital business has wrought profound changes in certain industries, and financial services is one of them. Not only are traditional financial services companies using data and technology to change the game, a plethora of “FinTech” startups are using digital products to dislodge traditional players.
Kitaboo
DECEMBER 15, 2023
Much like Bloomberg uses AI to identify patterns and prevent fraud in its financial operations, and The New York Times leverages AI to provide personalization, other publishing businesses must also follow suit and leverage their Big Data towards financial enlightenment.
Forrester IT
APRIL 13, 2021
Today, SAP announced a strategic shift: Its financial services entity will become a separate firm. German investment company Dediq and SAP will form a separate financial services firm, which will be jointly owned by the two companies.
Forrester IT
APRIL 4, 2024
Over the years, my Forrester colleagues and I have observed that the maturity of enterprise architecture (EA) varies greatly among and within companies, industries, and geographies. Some EA practices are more IT-oriented, while others are more business-driven, but EA must always be outcome-driven and demonstrate its value.
Forrester IT
JANUARY 5, 2017
AI is a hot topic in financial services. And its easy to see why. Increasing margins on transactions, decimated by compliance costs and low interest rates, reaching new market segments, and automating routine tasks, makes AI innovation attractive. And in one sense, FinServ has always been about algorithmic innovation.
CIO Business Intelligence
JUNE 7, 2022
By David Andrzejek, Head of Financial Services, DataStax. While enterprises in all sectors of the economy will compete with data, the effective capture and use of data in information-intensive sectors like online services, banking, and financial services is especially critical and will separate winners from losers.
CIO Business Intelligence
APRIL 11, 2023
The financial services sector is undergoing rapid change as fintechs develop convenient, consumer-focused services that were once the province of traditional banks. What are the greatest challenges that financial services firms face with their digital transformation initiatives?
Forrester IT
OCTOBER 2, 2023
In certain industries such as financial services, IT has an outsized contribution to overall corporate scope 1, scope 2 and scope 3 emissions. The demand […]
Forrester IT
AUGUST 7, 2020
A few days ago, I discussed application architecture in banking with a banking software vendor. Starting from there, we had a look at that vendor’s core banking solutions and further back-end systems such as trade finance. The vendor quickly suggested that its solutions align with Forrester’s concept of a lean core.
Future of CIO
APRIL 20, 2020
Business Architecture (BA) contains the organizational context and is strategic in that it gives direction to the business design and transformation. Leveraging business architecture to facilitate requirements negotiations is very beneficial to keep everyone involved. Enterprise as a whole is more about people, process, and technology.
CIO Business Intelligence
MARCH 26, 2024
Speaking at Mobile World Congress 2024 in Barcelona, Jason Cao, Huawei’s CEO of Digital Finance BU, acknowledged that digital financial services are “booming” and that the rise of open architecture as well as emerging technologies like generative AI will have an impact on key fields in the industry such as financial engagement and credit loans.
CIO Business Intelligence
JUNE 19, 2023
But to thrive in the “intelligence era”, Mr. Cao said financial institutions need to reconsider their entire digital strategy, encompassing their approach to connections, data, applications, and infrastructure, in order to strengthen their core competitiveness. A lot of unstructured data of financial institutions is not effectively used.
Tech Republic Cloud
NOVEMBER 27, 2019
New platform helps clients make a business case and predict financial impact of moving to the cloud.
CIO Business Intelligence
JUNE 15, 2023
But to thrive in the “intelligence era”, Mr Cao said financial institutions need to reconsider their entire digital strategy, encompassing their approach to connections, data, applications, and infrastructure, in order to strengthen their core competitiveness. A lot of unstructured data of financial institutions is not effectively used.
Computer Weekly
JUNE 2, 2016
London Capital Group ditches server-plus-SAN architecture for Nutanix and slashes deployment times and datacentre footprint with hyper-converged server/storage boxes with VMware
Forrester IT
JUNE 30, 2021
Scott Herren, Cisco’s executive vice president and chief financial officer, and Francine (Fran) Katsoudas, executive vice president […]. Many organizations are finding their ground in setting the right targets, penetrating the supply chain, and addressing their customers’ questions on sustainability. We spoke with R.
TM Forum
MARCH 11, 2022
The merged Verizon Business Group (VBG) undertook North Star, a flagship program, to consolidate the Enterprise Architecture (EA) and transform Verizon into a customer-centric organization. Himanshu, VBG Enterprise Architecture. : Himanshu, VBG Enterprise Architecture. : Tell us more about the enterprise architecture program.
CIO Business Intelligence
DECEMBER 22, 2023
Singapore’s Trust Bank (also known simply as Trust) is a new financial institution that’s enjoyed a strong first year of operations, capturing 12% market share in Singapore since launch and setting new benchmarks in customer experience and innovation. Banking, CIO, Financial Services Industry, IT Leadership
SecureWorld News
JANUARY 8, 2024
Additionally, it aligns with a broader trend in the financial industry, with mortgage lending giant Mr. Cooper also falling victim to a cyberattack in November 2023, resulting in a data breach affecting millions of customers. This incident follows loanDepot's disclosure of a data breach in May 2022, stemming from a cyberattack in August 2022.
CIO Business Intelligence
JUNE 2, 2022
Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. Only 23% of respondents who use AI in financial services use NLP and only 19% use NLU, according to Forrester.
CIO Business Intelligence
OCTOBER 13, 2023
The data architect also “provides a standard common business vocabulary, expresses strategic requirements, outlines high-level integrated designs to meet those requirements, and aligns with enterprise strategy and related business architecture,” according to DAMA International’s Data Management Body of Knowledge.
IT Toolbox
JULY 31, 2016
The business case will help you sell the EA to the enterprise in the financial terms that business can understand.
GeekWire
APRIL 2, 2024
“The technology architectures that were needed to make a seamless travel experience possible just were not there.” Financial terms of the deal weren’t disclosed. But the opportunity resurfaced through different companies and investments, and the challenge remained. ” Christal Bemont is the new Direct Travel CEO.
Forrester IT
SEPTEMBER 13, 2019
As I’m returning from the Eternal City, where I’ve had the chance to walk around Rome’s Baroque architecture gems and explore its awe-inspiring art collections, I cannot stop myself from reflecting on how much talent, courage, and leadership it took to transform and build such an incredible city.
CIO Business Intelligence
DECEMBER 22, 2023
Skills: Skills for this role include knowledge of application architecture, automation, ITSM, governance, security, and leadership. With 65% of IT decision-makers choosing cloud-based services by default when upgrading technology, cloud architects will only become more important for enterprise success.
IT Toolbox
JULY 31, 2016
The business case will help you sell the EA to the enterprise in the financial terms that business can understand.
Forrester IT
JULY 9, 2020
Open banking intermediaries are forming a new technology segment within financial services, to meet this need and simplify compliance, offering integration and aggregation layers between banks and third-party providers. VCs poured over […].
CIO Business Intelligence
MARCH 18, 2024
Every business in some form or another is looking to adopt and integrate emerging technologies—whether that’s artificial intelligence, hybrid cloud architectures, or advanced data analytics—to help achieve a competitive edge and reach key operational goals. We’re at a critical time for digital transformation.
CIO Business Intelligence
JANUARY 19, 2023
What’s unusual is that these organizations are delegating more financial as well as technical decisions, says Daniel Sanchez-Reina, VP and analyst at Gartner. Financial things are a pending subject for most CIOs.” Qualcomm’s Sanchez sets spending limits for financial decisions at different management levels, for instance. “We
CIO Business Intelligence
JULY 17, 2023
Financial investors perform a fascinating, yet delicate dance. Professional investors factor in certain financial targets and risk tolerance as they pursue maximum ROI. Just as investors play financial markets, IT leaders navigate technology trends. 1 Multicloud Architecture: Workload Movement Considerations, Dell, April 2023.
CIO Business Intelligence
OCTOBER 31, 2023
As the vice president of enterprise architecture and technology strategy at Discover Financial Services, I think about this question often as we work to design our tech stack. Compliance as a practice Ensuring customers can access their finances and financial information in a secure, reliable way builds trust with our customers.
CIO Business Intelligence
OCTOBER 17, 2023
We’ve all heard this mantra: “Secure digital transformation requires a true zero trust architecture.” Its advanced zero trust architecture minimizes the attack surface by hiding applications behind the Zscaler security cloud. Zscaler’s zero trust architecture for building a security service edge (SSE) ecosystem is second to none.”
TM Forum
NOVEMBER 26, 2021
Oracle's Group Vice President of Product Development, Azhar Mirza, explores how TM Forum’s Open APIs and Open Digital Architecture can help underpin digital transformation and enable communications service providers (CSPs) to increase their agility and the interoperability between their systems. Open Digital Architecture.
CIO Business Intelligence
MARCH 13, 2024
OneFamily is a financial services organization, operating broadly in savings and investments, and responsible for £8 billion of assets under management. We know in financial services and in a lot of verticals, we have a whole slew of data quality challenges,” he says. Traditionally, AI data quality has been a challenge.”
TM Forum
SEPTEMBER 8, 2021
CSPs, however, have not been the biggest financial winners from the huge growth in digital platform usage by businesses and consumers. TM Forum Open Digital Architecture. to shift to an open, modern, software-based architecture that is cloud native and AI ready to meet market demands. A new white paper, The tech-driven telco.
CTOvision
AUGUST 15, 2016
The Company operates through five segments: Enterprise Group, Software, Enterprise Services, Financial Services and Corporate Investments. The Financial Services segment enables flexible IT consumption models, financial architectures and customized investment solutions for its customers.
GeekWire
APRIL 5, 2023
Factor Photo) — Gwen Hall was appointed CEO of of Factor , a Seattle-based information architecture consulting firm. Mike Witkowski , previously chief financial officer at venture capital firm Maveron, is now chief financial officer and a partner at Primary Venture Partners.
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