The disruption wrought by the COVID-19 pandemic changed the behavior of businesses and consumers alike, increasing focus on supporting a remote workforce. Firms focused transformation opportunities within cloud services, as working remotely and adjusting to the new standard became embedded within the workforce strategy.

Demographic changes in the U.S. are affecting financial institutions, the services they provide and how they provide them. However, most of the Latinx community is not involved in the formal financial system. Banks must rethink their distribution channel strategies geared toward the Latinx demographics. 

Cybersecurity risks have become a major headache for utilities. Attacks have been escalating in intensity, as well as frequency. Independent studies show utilities’ management teams are not as prepared as they need to be. Cyber-criminals are targeting utilities’ operational technology (OT) infrastructure – including ICS (industrial control systems), such as SCADA (supervisory control and data acquisition), smart substations, and distribution management systems.

A broad security model that has been considered for implementation is modern cloud-native architecture for enterprise applications. The National Institute of Standards and Technology (NIST) fundamentally defines “Zero Trust” as having no trusted zones in the network and assuming attackers are present in your network. The Zero Trust (ZT) approach leverages continuous resource monitoring and dynamic risk evaluations in order to protect every individual asset/resource against a potential attacker within the network, hence “Zero Trust.”

In this episode of CapConversation, Capco’s Audra Schoenfeldt Furer chats with Krishna Kallakuri, co-founder and CEO of diwo, a unique Decision Intelligence platform empowering business users to make better decisions, faster.

Many retail energy providers (REPs) currently use Salesforce, or plan to use it in the future. Like all products, it can provide tremendous benefits straight out of the box, but there are limitations.

The insurance sector is facing challenges posed by outdated technology, disruption from increased merger and acquisitions, regulatory constraints, and persistently low interest rates. This digital transformation paired with rising consumer expectations pushes insurers to reconfigure their business. One option for structural change is divestitures, which allow insurers to cut costs, focus on core solutions, and reinvest in business and technology.

Moving away from the London Interbank Offered Rate, the LIBOR transition is more than just a “flip-the-switch” exercise and requires careful planning and execution. It’s important to ensure your organization is well-prepared to meet the heightened demands of the LIBOR transition and navigate the challenges.

Drafting loan agreements tends to be a very manual business process. Read how no-code data automation software can help.