Remove Applications Remove Architecture Remove Banking
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7 types of tech debt that could cripple your business

CIO Business Intelligence

After all, a low-risk annoyance in a key application can become a sizable boulder when the app requires modernization to support a digital transformation initiative. Accenture reports that the top three sources of technical debt are enterprise applications, AI, and enterprise architecture.

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Lean Isn’t Always Lean: There Are Lean Cores And Lean Cores In Banking

Forrester IT

A few days ago, I discussed application architecture in banking with a banking software vendor. Starting from there, we had a look at that vendor’s core banking solutions and further back-end systems such as trade finance. Now, you may ask […].

Banking 482
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Enter the next phase of Industry 4.0 with edge AI

CIO Business Intelligence

Two things play an essential role in a firm’s ability to adapt successfully: its data and its applications. Which is why modernising applications is so important, especially for traditional businesses – they need to keep pace with the challenges facing trade and commerce nowadays. That’s why the issue is so important today.

Industry 305
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Can serverless fix fintech’s scaling problem?

CIO Business Intelligence

The built-in elasticity in serverless computing architecture makes it particularly appealing for unpredictable workloads and amplifies developers productivity by letting developers focus on writing code and optimizing application design industry benchmarks , providing additional justification for this hypothesis. Vendor lock-in.

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Forrester’s 2021 Financial Services Architecture Survey Needs Your Input

Forrester IT

Banks and other financial services firms always ask: “What are the others doing?” They leverage the answer to this question to assess their overall strategic position, compare their key challenges with those of others, and plan for the transformation of their application landscape to a more powerful customer-centric approach.

Financial 370
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AI, predictive analytics top list of hot technologies for banks

CIO Business Intelligence

Hot technologies for banks also include 5G , natural language processing (NLP) , microservices architecture , and computer vision, according to Forrester’s recent Top Emerging Technologies in Banking In 2022 report. 5G aids customer service. 5G aids customer service.

Banking 363
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Don’t break the bank: Stopping ransomware from getting the best of your business

Network World

The stages of a cyberattack are analogous to that of a bank robbery. When discussing the progression of a cyberattack with CXOs, I often describe it like this: • Stage 1: When bank robbers are planning a heist, the first thing they do is identify potential banks to target. Stay up to date. Train employees to be vigilant.

Banking 393