What technology are banks leveraging to drive greater agility and innovation in the face of constant change?Financial services industries are undergoing massive digital transformations, driven by the need to maintain their competitive advantages against traditional and new fintech challengers.Such transformations are challenging and can affect the entire institution on many levels. This whitepaper will look at ten such areas explaining what advancements you need to consider in each area.Download this solution brief to learn more about the following:
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Enabled by Data Virtualization, Unified Semantic Layer Promise Greater Efficiency through Common Definitions.To enable all business users, regardless of technical acumen, to derive value from self-service analytics tools, companies need to be able to provide access to the data through a unified semantic layer, which ensures that no matter the data source, users can access the data using common definitions that are standard, within each particular business culture. However, companies are unable to establish unified semantic layer because of the age-old challenge: Data is spread across multiple...
Read MoreNagaraj Vijapurkar, CIT Group presents how businesses can move faster than their competitors with the right architecture
Read MoreGovernance, Risk Management and Compliance, (GRC) StreamlinedGovernance, risk management, and compliance (GRC) are three formidable topics in their own right, but they are addressed together because a lapse in one area can create an immediate lapse in the other two. When operating effectively, the three combined facets of GRC enable an organization to survive in a demanding regulatory environment, so that it has a chance to thrive. Conversely, if any of these facets are threatened in an organization, the organization will not be able to remain competitive for long. And although financial...
Read MoreMDM implementations require substantial investments in not only time and money, but also in hardware, physical space, and resources. Unfortunately, many companies that have already made these investments are unable to unlock the full potential of their customer, product, supplier and other data, once mastered. This is not because of any strategic weakness of MDM, but because MDM systems can only focus on two core functions, but not those that focus on transactional data. Read this solution brief to learn how MDM combined with data virtualization can enable a complete view of the customer,...
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