Rapid changes in technology bring both good and bad news to an industry. Embracing innovative technology carries with it the benefits of early adoption. Early adopters are often viewed as market innovators and gain a competitive advantage. From zero trust models to multi-factor authentication, financial service firms have embraced this new role of IT as a protector of data. Eliminating data breaches is impossible, and many firms are looking to build the best defense possible while also focusing on recovery and response times. Regulatory compliance plays a critical role in data management and operations processes too, and these processes are scrutinized and examined constantly.
HOW CAN WE HELP?
A Stralynn digital transformation assesses the technology your firm uses and defines a plan to move forward. Technology to prevent data breaches and help your customers gain access to the information they need every day is an important part of the customer experience and has a direct impact on customer retention – both of which are factors successful financial services firms manage every day.