Editor’s Note: This blog is the first of a two-part series that recaps our first-ever “Ask Me Anything (AMA)” session. Part 2, to include questions 5-9, is set to publish next Tuesday. Seems like there’s an overload of burning, tough questions surrounding IT automation and orchestration, doesn’t it?
There’s a rising and intensifying pressure on financial services institutions that aligns with the demand for modernization, down to the core. It comes from laws like those of the Service Organization Control Type 2 (SOC 2) and the General Data Protection Regulation (GDRP), which enforce the need to build and hold down cybersecurity policies.
December: The month that breaks the internet Every. Single. Year. An exponential increase in sales likely tops any retailer’s holiday gift wish list. And while more revenue is never a bad thing, chances are, your IT team could use some extra cheer to keep their spirits bright. Shoppers are going to shop 24/7, and the gift-giving boom can easily overwhelm your IT systems and processes.
IT automation delivers plenty of excitement for the financial services industry, with its power to make AI even more intelligent, as AI plays a part in today’s automation journeys.
Site Reliability Engineers (SREs) use automation and orchestration capabilities to scale security and performance, ensuring sites are reliable and efficient. Site Reliability Engineering (SRE) can be applied to a wide range of use cases and industries, where software systems and services are critical to business operations.
The state of financial services today spotlights core banking digitization and the bigger-than-life disruption it’s causing in the industry. It makes sense that going to the bank sounds like an errand people no longer need to run. Even though 77 percent of banking consumers still use traditional banks in some capacity, 43 percent keep their funds elsewhere, and 61 percent will likely switch to a digital-only provider, Galileo Financial Technologies found.
We could probably sum up the direction the financial services industry is headed in just two words: digital transformation. It’s the buzzy, all-encompassing focus and end goal of financial services organizations near and far, and it’s the big reason why many organizations are thinking about process automation with a greater sense of urgency.
Gartner®, in its latest Market Guide for Network Automation Platforms released November 2023, followed the company’s track record of research that provides recommendations to industry leaders, showcases market trends, and shares next-level automation insights.
