The financial services industry is in the midst of a significant transformation. As customers demand more seamless, agile, and innovative services, banks and financial institutions must evolve to meet these new expectations. But digital transformation is not just about implementing the latest technology—it’s a comprehensive, multi-dimensional shift that impacts [...]
Today, mobile apps are no longer a luxury but a necessity for businesses striving to stay competitive. Whether it’s an e-commerce platform, a banking app, or a fitness tracker, the expectation is clear: the app must perform flawlessly and scale effortlessly to meet growing user demands. The success of your [...]
“Enterprise IT spending is recession-proof as CEOs and CFOs, rather than cutting IT budgets, are increasing spending on digital business initiatives,” said John-David Lovelock, Distinguished VP Analyst at Gartner. While economic turbulence may influence technology investments, it is not expected to significantly impact the overall enterprise technology spending. On the [...]
The rapid advancement of communication technologies has paved the way for the deployment of 5G networks, promising unprecedented speeds, low latency, and enhanced reliability. As 5G technology becomes increasingly integrated into our daily lives, ensuring its robustness and security has never been more critical. Digital assurance, a comprehensive testing [...]
Digital transformation is not only a technology strategy, it’s a plan to use technology to enable new business models, new products and services, and new strategies – and to drive business growth. However, to seize the potential, software engineering leaders need to think beyond technology and data and move [...]
Banking has undergone a significant digital transition, which goes far beyond simply switching from a traditional to a digital environment. To evaluate, connect with, and serve their clients, banks and other financial organizations must use a comprehensive digital transformation plan. Understanding client behavior, preferences, and needs is the first step [...]
What is ISO 20022? ISO 20022 is an international standard for exchanging electronic messages between banks and financial institutions. It gives the finance industry a common language and model for sending payment messages and exchanging payment data across the globe. ISO 20022 is an open global standard for financial information. It [...]
Our day-to-day lives are becoming increasingly reliant on the direction, decision-making, and support of AI systems. Never in the history of technology has the threat or the need to protect the integrity of such decision-making been more urgent or real. I recently served as an official reviewer for a new BCS [...]
I am back with blog 3 in this series! In blog 1 I introduced the concept of the Digital Complexity Paradigm (DCP), and in blog 2, I broke down the DCP by focusing on the Technical Complexity factor of that formula. As covered in blog 2, using my favorite “digital transformation [...]
In the first blog in this series, I introduced the Digital Complexity Paradigm (DCP) – which, broken down in simple terms, attempts to capture the significantly increased complexity and speed at which digital transformation (and evolution) needs to be delivered. That complexity and speed are then compounded by the [...]
