Symphonies and orchestras are the two things that come to mind when I think of banking operations. Today’s banks have to outshine competitors and provide exceptional customer services; that’s the path of success. In doing so, banks need to harmonize technology and IT services that run and monitor business operations.
Like an orchestra, organizations have numerous back-end systems and applications playing their own tunes. The complexity lies in creating harmony that eventually soothes business initiatives around revenue growth through customer experience, improving operational efficiency, and mitigating risks. The right set of technologies enable enterprises to derive more value out of back-end systems or applications, address the complexities around managing volume, velocity, and variety of data (or BIG data) and help organizations do more – easier, faster, and more cost effectively. [Read more...]