Connectivity in Financial Services: The Evolution is Underway

Few industries have been as fast and far-reaching as financial services in their response to the opportunities of the digital economy. Legacy connectivity models, once the cornerstone of the financial sector, now present challenges regarding speed, cost, flexibility, and security. The cracks are beginning to show. This article examines the role of Closed User Groups and the strategic shift that could disrupt banking operations.

Log In or Register to Access This Content

Login
Register
Login with LinkedIn

Related Magazine Content

In a rapidly evolving business landscape, enterprises across different sectors are increasingly turning to customized connectivity solutions to address unique challenges. This article delves into how tailored IT strategies are essential in driving business performance amidst cybersecurity risks and sector-specific regulations.
Data Scientists are already in short supply. One of the most promising areas to make Data Scientist more productive is Generative AI. However, while Generative AI will increase the productivity of Data Scientists, it will lead to an even more serve crunch in the Data Scientist supply.
The article discusses the growing trend of customers using OTT services such as WhatsApp, Signal, etc. for voice, video, and conference calls, which impacts traditional roaming revenues earned by telecom operators. Despite this challenge, the article explores how 5G and IoT are revitalizing roaming agreements, making them relevant for operators again. It explains the basics of roaming architecture, the role of roaming agreements in ensuring seamless 5G connectivity and interoperability, and their significance in meeting quality, reliability, and security requirements. The article also highlights the continued importance of roaming agreements for operators in the evolving digital era.
What did Insight Research conclude during its coverage of AI in the RAN in its report “AI and RAN – How fast will they run?
1. AI intersects the RAN at numerous angles – the principal end-applications for AI in RAN are traffic optimization, caching, coding and energy management.
2. The impact of AI on these applications is on technical, commercial and competitive fronts.
3. There are numerous AI, ML and DL algorithms that are being used to improve the above end-applications.
4. Thanks to the penchant of AI in dealing with complexity, each of these end-applications will enjoy high CAGRs.
5. AI has democratized the RAN vendor landscape
Combining Site Reliability Engineering (SRE) and DevOps methodologies enhances incident response strategies, ensuring systems are both robust and agile. This approach aids in minimizing downtime, streamlining processes, and securing customer trust by effectively managing and mitigating incidents with a focus on continuous improvement.
In the evolving landscape of technology, the fusion of cloud computing and DevOps represents a significant shift, emphasizing the need for stringent data privacy measures. As organizations navigate this integration, addressing data protection becomes paramount, involving challenges such as access controls, encryption, and vulnerability monitoring. This article delves into the complexities of safeguarding sensitive information amidst the dynamic synergy of cloud services and DevOps methodologies, offering insights on developing robust security frameworks to prioritize data privacy.
Explore how RPA revolutionizes FinTech with streamlined processes & improved efficiency. Dive into the future of financial automation now.
The evolving landscape of private 5G/LTE networks highlights a pivotal shift towards operational networks driven by autonomous operations. This transition promises enhanced flexibility, security, and support for dynamic operational needs, crucial for the growth and scalability of private cellular networks.
This article delves into the role of Generative AI (GenAI) within the telecom industry. It highlights GenAI’s capabilities in enhancing customer interactions, streamlining network operations, and fortifying security protocols.We uncover the extensive benefits and emerging applications of GenAI, underscoring its transformative potential in redefining telecom services and customer engagement.
The article delves into the intricate process of executing a private network Proof of Concept, emphasizing the transformative impact on industrial connectivity and the evolution from initial skepticism to rapid deployment and optimization.
WebRTC, developed by Google, is transforming IoT by offering secure, low-latency communication across devices without needing specialized plugins. Its adaptability across browsers and systems, coupled with its direct, peer-to-peer architecture, makes it a pivotal force in the IoT evolution.
Drones equipped with intelligent software provide a faster, more convenient, cost-effective, and expansive approach to tackling real-world challenges. With GenAI at the helm, these drones possess an unprecedented level of adaptability and decision-making prowess. As we continue to push the boundaries of innovation, the era of intelligent drones promises to unlock limitless opportunities for exploration, discovery, and societal advancement.
Uncover how satellites are redefining the role of traditional cell towers, enhancing mobile communication, and bridging the gap in global connectivity.
Explore how 5G and Fixed Wireless Access (FWA) are transforming high-speed internet connectivity, addressing capacity crunch challenges.
Whether you’re a novice or an expert in cloud computing, the AWS Re: Invent conference offers insightful and useful knowledge. The conference is a event for anybody wishing to stay up to date on the newest trends and advancements in cloud computing, with its focus on innovation, networking, and education.
Discover the pivotal role of Fixed-Wireless Access (FWA) in the expansion of 5G technology. This article sheds light on FWA’s contribution to enhancing broadband reach and capabilities, highlighting its rapid deployment and affordability.
Metaverse has been gaining traction in recent years, and it’s becoming increasingly important for businesses to be aware of. But what is the Metaverse? In this blog post, we’ll take a deep dive into this concept and explore its history and how it is evolving with related technologies. We’ll also discuss Metaverse challenges. 
Explore the world of 5G technology: its evolution, benefits, use-cases, and challenges. Dive deep into how 5G is reshaping the future of communication, industries, and daily life.
Whitepaper
As VoLTE becomes the standard for voice communication, its rapid deployment exposes telecom networks to new security risks, especially in roaming scenarios. SecurityGen’s research uncovers key vulnerabilities like unauthorized access to IMS, SIP protocol threats, and lack of encryption. Learn how to strengthen VoLTE security with proactive measures such as...
Whitepaper
Dive into the comprehensive analysis of GTPu within 5G networks in our whitepaper, offering insights into its operational mechanics, strategic importance, and adaptation to the evolving landscape of cellular technologies....
Article & Insights
Non-terrestrial networks (NTNs) have evolved from experimental satellite systems to integral components of global connectivity. The transition from geostationary satellites to low Earth orbit constellations has significantly enhanced mobile broadband services. With the adoption of 3GPP standards, NTNs now seamlessly integrate with terrestrial networks, providing expanded coverage and new opportunities,...

Subscribe To Our Newsletter

Scroll to Top