A Blockchain is a distributed ecosystem marked by the absence of a central authority and involves a Distributed Ledger spread across multiple nodes managed by multiple entities. The transactions are recorded using an immutable cryptographic signature known as a hash and added as a chain of “blocks.” The blockchain market trends The [...]
The rise of the Internet of Things (IoT) as a primary data contributor in big data applications has posed new data quality constraints, necessitating the creation of an IoT-inclusive data validation ecosystem. In a big data application, standardized data quality methodologies and frameworks are available for data acquired from a range of sources [...]
Welcome to the third blog in this series! Happy to have you back. At this point you have decided to be, if not a leaper, at least a leader. And you have started to ponder this concept of “Quality of Experience” and how it will become THE next set [...]
This is the digital transition epoch. Through the use of digital technology and techniques, businesses all over the world are fundamentally transforming the way they do business and give value to customers. To improve customer experience and lower business overheads, business procedures and strategies are being modified to comply and align with [...]
When Cloud computing started making inroads into the industry around 2010, financial services firms were skeptical about moving their applications to the Cloud. The common reasons cited were regulatory restrictions, security concerns, and loss of control etc. However, in 2021, the Cloud has become an integral part of the digital strategy of all financial services organizations. One Forbes study [...]
Research firm Gartner estimates the market for hyper-automation enabling technologies will reach $596 billion in 2022, up nearly 24% from the $481.6 billion in 2020. The RPA software market grew 38.9% in 2020 to $1.9 billion and held its position as the fastest-growing segment in the enterprise software market. Gartner is expecting [...]
No sector seems to be immune as cyberattacks continue to proliferate. Healthcare and retail verticals have been the focus areas for hackers during the pandemic period. While hospitals have been burdened with the onslaught of patients and research labs racing to develop vaccines for Covid19, they have become soft targets for cyberattacks. To ensure business continuity, they were [...]
In our first blog in this series, we threw down the gauntlet and challenged you to envision your future positioning with 5G adoption and what it means for your Digital Assurance strategy – are you going to be a leaper, a leader or a laggard? In our second blog on [...]
ISO 20022 is a new global and open payment messaging standard. It provides a global standard for payment data by establishing a uniform language and paradigm. The ISO 20022 standard generates higher-quality data than other standards, resulting in higher-quality payouts for everyone. It is a single standardization approach developed and maintained by ISO/TC 68. This standard is adaptable [...]
In a rapidly digitizing world, thanks to COVID, cybersecurity has become a key focus of CxOs. Banking, Financial Services & Insurance (BFSI) organizations, which handle sensitive financial and personal information of users and employees, are constantly threatened by cybercriminals. According to Forbes, an analysis in 2015 found that cybercriminals targeted financial organizations [...]
