Tips

Augmented Reality Platform By Google

May 15, 2019 by sampath

Whether you are building an enterprise web portal or a state-of-the-art website, you always need the right modern tools. Well-built and maintained PHP frameworks provide those tools in abundance, allowing maintained PHP frameworks provide those tools in abundance, allowing developers to save time, re-use code, and streamline the back end. As software development tools continuously change to follow the latest. Despite the competition from startups and the ever-present economic challenges, the banking industry is gradually adopting what the latest technologies have to offer.

From cloud technology to cyber risk management to machine learning in investment banking, join us as we explore the banking industry trends for 2019 and beyond. Cloud is one of the current banking industry trends as well. It is expected that the technology will serve as a foundation for core modernization of banking organizations.

Cloud Technology as New Foundation

Cloud has become the new normal for nine of ten enterprises across industries. The average IT environment in both SMBs and larger companies is becoming increasingly cloud-based. Companies also diversify their delivery models, with Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) gaining more and more traction. Plus, a slew of new job positions have emerged to manage different aspects of cloud in the enterprise, including architecture and safety.

One of the new trends in the banking industry, ensuring fail-safe security will also be a core question regardless of the type of a cloud solution and its scale. Cloud is one of the current banking industry trends as well. It is expected that the technology will serve as a foundation for core modernization of banking organizations.

Risk Management Banking Industry Trends

Existing risk management systems at banking organizations might not be ready to face the challenges of the rapidly changing world. Poised to become the top banking industry trends for 2019 and years to come, AI-driven solutions with machine and deep learning algorithms provide a solution. As for cyber risk management, experts at Deloitte point at the following trends in the banking industry:

  1. Strengthen basic controls like IT asset, patch, and vulnerability management to identify and manage risks related to implementation of cloud and migration to open architecture.
  2. Use analytics tools and AI with security in mind.
  3. Build an IT infrastructure with security as a top priority: it should be able to withstand systematic attacks and long stress periods.
Risk Management Banking Industry Trends

Fintechs and nonbanks now have a substantial influence in the banking industry. They are highly agile, innovative, and aim at exceeding the demands of modern customers in banking services and experiences. Established retail banks need to compete and often play catch-up. Still, they acknowledge the need to change, and change fast.

There are no secrets to success. It is the result of preparation, hard work, and learning from failure.

– Paul Tournier

Thus, adopting the same approach is a potent solution for retail banks that aim at adopting the latest trends in the banking industry quickly and impactfully.

Content Ideation: Tools & TechniquesMay 15, 2019
5 Questions for Connected Product UXMay 15, 2019

Related Posts

Comments (30)

  1. Terrence610
    April 28, 2025

    Very good https://rb.gy/4gq2o4

  2. Bernice36
    April 30, 2025

    Good https://is.gd/N1ikS2

  3. Sadie868
    May 24, 2025

    https://shorturl.fm/5JO3e

  4. Timothy1043
    May 25, 2025

    https://shorturl.fm/j3kEj

  5. Melody1427
    May 25, 2025

    https://shorturl.fm/6539m

  6. Kane653
    May 26, 2025

    https://shorturl.fm/m8ueY

  7. Charlotte3593
    May 26, 2025

    https://shorturl.fm/oYjg5

  8. Abbie1191
    May 26, 2025

    https://shorturl.fm/bODKa

  9. Ainsley2074
    May 27, 2025

    https://shorturl.fm/A5ni8

  10. Mateo3730
    May 27, 2025

    https://shorturl.fm/YvSxU

  11. Joy4098
    May 27, 2025

    https://shorturl.fm/5JO3e

  12. Clinton2045
    May 27, 2025

    https://shorturl.fm/bODKa

  13. Aniya4963
    May 27, 2025

    https://shorturl.fm/TbTre

  14. Carlos4579
    May 29, 2025

    https://shorturl.fm/N6nl1

  15. Tony1929
    May 29, 2025

    https://shorturl.fm/oYjg5

  16. Stephanie227
    May 29, 2025

    https://shorturl.fm/A5ni8

  17. Jaden4569
    May 29, 2025

    https://shorturl.fm/YvSxU

  18. Elvira3430
    May 30, 2025

    https://shorturl.fm/TbTre

  19. Roman4637
    May 30, 2025

    https://shorturl.fm/hQjgP

  20. Leia1998
    May 30, 2025

    https://shorturl.fm/hQjgP

  21. Jill274
    May 31, 2025

    https://shorturl.fm/I3T8M

  22. Roman4771
    May 31, 2025

    https://shorturl.fm/retLL

  23. Claudia4198
    June 1, 2025

    https://shorturl.fm/hevfE

  24. Brandy776
    June 1, 2025

    https://shorturl.fm/JtG9d

  25. Angelo3146
    June 1, 2025

    https://shorturl.fm/ypgnt

  26. Adrienne3041
    June 1, 2025

    https://shorturl.fm/TDuGJ

  27. Brandon3876
    June 1, 2025

    https://shorturl.fm/JtG9d

  28. Angie967
    June 1, 2025

    https://shorturl.fm/retLL

  29. Natasha227
    June 2, 2025

    https://shorturl.fm/0EtO1

  30. Chloe83
    June 2, 2025

    https://shorturl.fm/fSv4z

Leave a Reply

Your email address will not be published. Required fields are marked *