“When you’re not India ... then you have to really start prioritizing,” says Johan Gott of AT Kearney. “You really need to think about, ‘How is the niche that we are playing in better than anyone else’s?’”
2018 will mark a new era for action due to a new EU directive — the Revised Payment Services Directive— that will go into effect in January.
"Cognitive computing has the potential to dramatically simplify digital trust processes throughout the financial services industry," said Ankit Ratan of Signzy.
From IT to BPO to regulatory compliance efforts, we are now arriving "at that place where the banks are ready to outsource,” says Anupam Jain of Everest Group.
No deal is worth it if the transaction leads to some cyber-thief in Russia emptying your bank account a few hours later.
The data center market is booming the world over. Trinidad and Tobago has been keeping up with the pace and made great strides in recent years.
Overall, the Edinburgh-based bank spent some £1.4 billion on an IT system for W&G, which it will now try to sell off instead of developing.