The wealth management industry is on the cusp of transformative change as we approach 2025. The sector, long considered a bastion of stability, now faces a confluence of forces reshaping its foundations. From generational wealth transfer to the integration of cutting-edge technologies like AI and blockchain, firms must evolve [...]
The capacity to comprehend a system’s or application’s internal state and behavior based on its external outputs or events is called observability. In other words, it’s the capacity to extrapolate a system’s current state from its observable output without directly accessing its internal workings. Observability is crucial in disciplines like [...]
In the digital age of modernizing payment services and opening financial services, data is a pivotal step in transitioning the payment industry from Open Banking to Open Finance. Through Open Banking, third-party service providers have secured and permissioned access to users’ bank account information. Through Open Finance, customers can securely [...]
It’s Monday morning, and Sam woke up to a gentle sound on his phone. It’s not an alarm but his new financial pal—a voice-activated AI assistant. This friendly voice, tailored to his financial goals, provides a personalized morning briefing of his accounts, highlights upcoming bills, and even suggests budget-friendly [...]
Cigniti has always deeply believed in fostering an equitable and gender-neutral ecosystem. This is evident by the fact that the very first employee of the company was a woman, who has risen through the ranks over the last two decades and is a force of inspiration for all the [...]
Decentralized Finance (DeFi) is a way of conducting finance-related activity using blockchain technology. It is a fast-emerging segment where many decentralized apps can be integrated and can allow anyone to conduct financial transactions by making use of public blockchain technology. It is increasingly being seen as a viable alternative [...]
The milieu of mobile applications is intensifying across all business sectors in the world we currently live in. It is because of these users; the world is seeing high usage of mobiles to the tune of billions of transactions. Organizations are prepared to take whatever measures are necessary and [...]
Artificial intelligence (AI) is advancing at a breakneck pace, and it is swiftly emerging as a potential disruptor and vital enabler for almost every business in every sector. At this point, the technology itself is not a barrier to the mainstream use of AI; rather, it a collection of [...]
The inventive and ever-evolving nature of technology creates as many opportunities as obstacles. The fact that software permeates every part of life demonstrates that corporate leaders should closely monitor the level of quality engineering to avoid a halt in ongoing improvement. The software industry and the digital quality assurance are [...]
We’ve all heard about the significant WhatsApp breakdowns recently, during which the app was unavailable to the public for an hour. However, from a technical standpoint, WhatsApp returned in less than an hour. What would have enabled the engineers at WhatsApp to restore the services quickly? What is Chaos Engineering? Technically [...]
