
Using Data to Deliver a Next-Generation TechFin Platform
Banking Transformed with Jim Marous
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The Challenges of Modernizing Financial Institutions
The challenge is if you go back the way the systems have been built, they have never been built from the technology first mindset. There are more and more layers which have been keep building on top of their technology. And I think the biggest challenge is cloud is much more mature at this moment of time. So they really need to start thinking about migrating into the cloud or maybe the hybrid cloud. The second is how to take advantage of the data, what they have in their favor, right? They're struggling because I can tell you with my own experience, they have huge data, but they don't know how to use this data altogether. Finally, once you understand your customers, you can
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