Engage with us to run outcome-based digital transformation with innovation at its core
Banks and financial institutions continue to grapple with mounting cost pressures, rising competition from the fintechs, emerging disruptive business models, agile responses to risk and regulatory needs, and growing customer needs. While most of them have embraced digital transformation to ward off these challenges, there are significant roadblocks on the way comprising clarity on digital strategy, reimagining technology-business intersect and change management.
At The Positive IT, we help you overcome these hurdles by adopting Banking to the Power of Digital philosophy that focuses on six elements: core system modernization, business process overhaul, digital technologies and platforms, core infrastructure, data management, and CRM to create long-term business value.
BANKING to the Power of Digital
With a rapid migration of business ecosystems to digital and, more importantly, the cloud, cyber security is gaining more attention from the regulators. Recent cyberattacks that have resulted from non-compliant systems in operation have highlighted that cyber security compliance is a multi-billion-dollar question for enterprises today. At the same time, most businesses are struggling to secure modern architectures that underpin the digital enterprise today. Adding into the mix the security and compliance talent shortage points to a pressing need for a renewed approach to ensuring cyber security compliance. Automation is a vital aspect of this new approach to cyber security regulation and will bring multiple benefits to businesses struggling with legacy control and reporting processes.