Financial Services: Rapid Adaptation to the Unforeseen Requires Enterprise Architecture – SlashdotMedia AdOps Asset Management

Financial Services: Rapid Adaptation to the Unforeseen Requires Enterprise Architecture

At this point, it almost goes without saying that the global pandemic completely upended the idea that companies could be prepared for anything. No amount of 5 year plans or cautious growth can help when your whole business is forced to close or all your workers stay at home. Organizations that survived and even thrived were those that were able to adapt their business models along with the supporting technology. The only preparation that proved valuable was being prepared to move quickly.

Adaptability is an easy gospel to preach for nimble startups and agile tech firms, but for banks and financial services companies you might as well start speaking Hungarian. Even if institutions can get a grip on the blockchain or can define DeFi, there are still huge regulatory barriers to everything a company tries to do.

This eBook will look at 4 major challenges facing financial services firms in the near future, and the potential solutions that can be delivered.

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