Financial Services is an immensely complex and constantly evolving industry. Emerging business trends and a new competitive landscape are developing on the heels of one of the most difficult economic slowdowns our generation has witnessed. Heightened regulatory requirements and increasing marketplace demands are putting unprecedented strain on IT departments, and Financial Services providers are finding it difficult to keep pace with the growing demands on technology.
Allianture’s industry expertise combined with our proven delivery capabilities uniquely positions us to provide IT consulting and technology services to the Financial Services industry. By focusing on the business drivers that impact IT departments, Allianture partners with some of the leading technology providers in the world to deliver business-oriented technology solutions and services across the Financial Services industry.
We understand the demands IT departments are faced with:
Delivering projects that enable business growth and reduce the cost of banking IT
Increased automation and straight-through processing
Rise of emerging technologies and the need for customer-centric products and services
Demand to develop and maintain flexible IT infrastructure
...while faced with the challenges impacting the industry, including:
IT budgets are being reduced in order to maintain profitability
Dynamic and often unclear regulatory requirements
Marketplace consolidation forces the rationalization of IT platforms (i.e. data centers and hardware) resulting in less IT spend for enhancing business capabilities
Complex projects with elongated ROI are being deferred, limiting IT’s ability to keep pace with an evolving technology landscape
Tighter alignment of IT strategies with business objectives to show quantifiable value
Global sourcing is forcing organizations to consider lower cost staffing alternatives
Security concerns has slowed the adoption of cloud computing projects across the banking sector