The Ultimate Roadmap to Modernizing Legacy Applications
For example, an organization hoping to reduce operational costs might prioritize moving legacy applications to the cloud, as this lowers data center expenses from the balance sheet.. Once IT leaders have goals established, experts at Microsoft recommend assessing the financial and technical health of each application. From there, teams can finalize modernization plans for …
What Is Regulatory Technology (RegTech)? | BizTech Magazine
2023年12月11日 · What Is the History of RegTech? RegTech has deep roots in the financial industry. Its history traces back to one of the most significant financial regulatory reforms in U.S. history: the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, passed in response to the 2007-2008 financial crisis.. The many regulations born of Dodd-Frank and in …
Businesses Are Consolidating Their Tech. What Does That Mean …
Why Organizations Are Streamlining Their Infrastructure. Consolidating tech stacks takes two forms. The first is an “urge to merge” entire businesses, helping to maximize economies of scale and productivity. According to Nancy Rose, Charles P. Kindleberger professor of applied economics at the Massachusetts Institute of Technology, this urge is often driven by a desire …
BizTech Magazine | BizTech Magazine
Interview. Vital Warning. Sophisticated cybercrime networks are plenty for businesses to worry about, but critical infrastructure businesses must defend against hostile nations.
5 Tech Essentials to Boost Efficiency in Financial Services
2024年11月5日 · Financial institutions are constantly striving to be more efficient and remain competitive. IT leaders have an opportunity to position their organizations for success by leveraging technology that unlocks productivity, streamlines repetitive tasks, generates data insights and predicts customer behaviors.. Here’s a look at five essential technologies that can …
Three Questions to Ask Before Modernizing Your Infrastructure
2. What New Upgrades Are Essential to My Future IT Strategy? Before investing in new technologies that may lack interoperability, IT leaders need a well-planned hybrid cloud strategy that balances the distribution of workloads on-premises and in the cloud. “The problem we often see is that organizations don’t anticipate disruption.
For a Seamless Customer Experience, Banks Turn to QR Codes
This year, more financial IT leaders are leveraging QR codes to enhance security and create seamless customer experiences. QR codes have become an integral element of mobile payment technology, a market that is expected to reach a value of $50.5 billion by 2026.The rapid adoption of QR codes is causing a shift in the financial market as contactless ATMs become more …
How Financial Firms Can Build Better Data Strategies
Financial services organizations are built around their data. They must be able to quickly access, analyze and use the data they have while ensuring compliance with cybersecurity best practices and regulations.Data is at the heart of any organization’s digital transformation efforts.
4 Reasons Businesses Are Turning to Cloud-Native Solutions
2024年11月4日 · 3. Enhanced Observability Across IT Environments. Cloud-native apps enhance observability across IT environments, allowing IT teams to gain real-time insights and proactively address issues across distributed systems. “Observability provides answers with metrics, logs and traces across the IT stack to give you the full picture of your IT health.
Why It May Be a Mistake to Stretch Out IT Modernization Lifecycles
Why Is It Important to Modernize Your IT Infrastructure? Many organizations are looking to modernize their IT infrastructure to reduce maintenance costs, increase agility and utilize automation. “As the pace of emerging workloads, changing workload delivery and mergers increasingly disrupt organizations, they can't afford to spend time worrying about their …