CIO Buyer's Guide - FSI
Many banks and financial services organizations may want to reevaluate their strategies on data backup and recovery. Advanced, automation-driven data management solutions that provide nonstop, unified protection coverage across infrastructures can turn data from a cost and risk to be controlled, into a participatory player within a comprehensive operational strategy.
The financial services industry has been transforming rapidly over the last decade. Even before the events of 2020 forced almost complete digitization of customer interactions, e-banking was a critical tool for client engagement and competitive differentiation. Banks and financial institutions are also ready adopters of new technologies: artificial intelligence is increasingly used to automate business processes, enhances fraud protection, and manage client engagement through virtual assistants; the financial sector is the main user for Blockchain; and cloud adoption is rising quickly.