Legacy technology and siloed operations are the biggest challenges and hinder timely and efficient response to business and regulatory changes, and increase costs, risks, and inefficiencies.
Cloud offers low cost of testing and deployment and fast time to market, which help in responding to constant changes in a flexible and agile manner. Cloud is creating an ecosystem of innovative solutions with strong network effects that allows firms to easily adopt best-in-class solutions and integrate with internal systems.
Improving automation levels will require modernizing back office systems with new technology based on latest standards and frameworks, and simplifying the complex patchwork of systems accrued over the years. New technology such as robotic process automation (RPA) and AI can be important levers in the next phase of this journey.
For over 20 years, Celent has helped senior executives make confident decisions around their technology strategies to execute at scale.
As the financial services industry rapidly evolves, there is more complexity, with new regulations, startups, technologies, and applications to stay on top of and prioritize. Celent helps you connect this ever-changing puzzle. We offer objective advice and clarity, backed by a database of thousands of solutions and award-winning global best practice use cases. With real-life domain expertise, we also guide you through the maze of emerging tech in the pursuit of value.
Our people, data, insights, and relationships form the foundation for you to use Celent to make confident technology decisions in financial services.
