This ebook covers how financial services organizations can ensure flexibility, agility, and scalability to stay relevant in a digital-first world.
Main highlights of this ebook
Financial services organizations are increasingly turning to the cloud and modern technology as a way to grow their business and generate revenue. Transitioning from outdated on-premises infrastructure has become vital to ensuring success in the financial sector.
- Only 13% of financial services companies have at least half of their IT presence in the cloud
- 20% of financial services leaders say revenue increased by at least 6% within 3 years of migrating to the cloud
- IBM predicts at least 24% of bank IT budgets will be allocated to the cloud by 2024
The top three challenges of implementing integration for finance include legacy systems, skills shortages, and security.
For banks and financial services providers to succeed, they will need to leverage new tools and technologies to meet changing consumer demands – while maximizing efficiency and boosting their bottom line. Technology impacts convenience, profitability, efficiency, and security in financial services.
Benefits of cloud migration for financial services
- Enhanced customer experiences that meet the rapid response today’s customers expect
- Better decision making with standardized, readily accessible data
- An edge over the competition with automation, AI, and other new technology tools
- Increased process efficiency, reducing the risk of human error
- Future-proofing – the longer organizations wait to move to the cloud, the harder it will be to maintain legacy systems
Digibee optimizes and simplifies cloud migration
- With a proven track record of success helping financial services organizations quickly and easily migrate to the cloud, Digibee reduces cloud migration risks and optimizes your strategy.
Rodrigo cofounded Digibee based on the principles of simplicity, agility and strong human connections — with the goal of freeing less technically savvy customers from their reliance on developers for more rapid, cost-effective digital transformations. After receiving a Bachelor in Computer Science and an MBA, Rodrigo went on to senior roles at CA Technologies and Zup Innovation.
