Traders Magazine
Top Technology Trends for Capital Markets, 2021
For capital markets entities, 2021 could be “do or die” when it comes to business model decisions. Technology investment decisions must focus on supporting a clear business model and the culture must change.
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Senior executives within capital markets, like most people, are hoping for a return to normalcy in 2021, but know that their world will never be the same. Technology is now more closely entwined in the business of capital markets than ever before. COVID-19 accelerated the digital and cloud transformation that had already begun for financial institutions (FIs) and market infrastructures (MIs). Entities that had already migrated their application, infrastructure and/or delivery models to the cloud could rapidly shift to the work from home (WFH) model. Yet the challenges of legacy systems and regulation persists; the day of reckoning is coming in 2021.
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HERNDON, Va. and RIDGELAND, Miss., Jan. 26, 2021 /PRNewswire/ Skience, a leading financial services solution and consulting provider, today announced that it has finalized an agreement to provide its industry-leading platform to the wealth management division of BankPlus, a regional bank with 79 locations and more than $4.7 billion in total assets serving customers across Louisiana, Mississippi and Alabama.
Thanks to the newly signed agreement, BankPlus advisors can now leverage Skience s digital client onboarding module, which integrates directly into Salesforce Financial Services Cloud (FSC), the wealth management group s customer relationship management platform. This will allow BankPlus wealth management clients to enjoy an end-to-end digital service experience, including paperless processing of new account opening forms and convenient digital signature capabilities.
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Summary:
Throughout 2020, diginomica has spoken to and heard from dozens of businesses about how they’ve adapted to the challenge of COVID-19. Here are some of our top picks from the year.
(via PIxabay)
COVID-19 was,unsurprisingly, the biggest story of the year. And within that, there has been a huge variety of stories about how business has adapted in response to the pandemic. It was as soon as the national lockdowns took hold that this was going to be an incredibly challenging year for business and technology - remote working, digital collaboration, security, customer engagement, supply chain management - all these capabilities were put under the microscope throughout the year.