The traditional banking model is under fierce challenges. Along with global economic and political pressure, the growth of the non-bank financial sector players and the new wave of digital disruption have forced traditional financial institutions to evolve exponentially to create more effective and efficient ways to stay competitive.
Digital engagement is critical to optimizing customer experience. Customers have new expectations with flexible options to suit their any-time, anywhere financial services, in terms of seamless integration between omnichannel (online and offline), user-friendliness of the interface, transparency and ubiquitous connections across various business scenarios, such as education, healthcare, entertainment, and tourism.
Adopting the latest technologies, including cloud computing and cybersecurity, is at the foundation of true digital banking. Reinventing industries to transform their centralized operational business models to modernizing and hybrid operations ecosystems with intelligence, stability and high flexibility capability.
Connectivity as a Foundation to Globalization. Given the everchanging landscape of finance, flexibility is the key to enabling financial institutions to quickly adapt to their business needs, especially those with different branches around the world. While the tradition of relying on private networks to access data centres may prove cost-efficient, it lacks the ability to quickly optimize and allocate resources based on the requirements of modern financial services. To evolve with digital era, companies must transition to wide-ranging, stable, flexible, and intelligent network infrastructures to facilitate financial services across regions.
Security against Financial Cyber Threats. Another foundational pillar to modern finance is security. To protect both the credibility of financial institutions and customers’ interests, institutions must ensure airtight security and compliance in all operations. However, modern technological advancements have led to new internal and external security threats and cyberattacks. This fight for cybersecurity is an ever-evolving battlefield, requiring constant vigilance and 24/7 proactive monitoring by dedicated security teams to identify and analyze vulnerabilities, prioritize threats as well as refine security policies and processes continuously.
Cloud as the Future of Finance. With more and more new ventures launching their businesses online, financial institutions must embrace cloud technologies to both diversify and speed up their services to stay relevant. Cloudification also allows companies to take full advantage of the rapid globalization of the world economy, providing businesses with agile and reliable cloud-based infrastructures and support needed for overseas expansion.
Backup & Disaster Recovery as a Service
CITIC Securities selects managed services to build a high availability and secure network. Being an international investment bank, CITIC Securities International Company Limited holds the highest standards in enterprise operations. Therefore it deployed CITIC Telecom CPC’s TrueCONNECT™ Private Network Solutions and TrustCSI™ Managed Security Services for the most secure and reliable enterprise network…
Taiwan Acceptance Corporation A subsidiary of the Yulon Group, TAC is an Automotive Financial Services company primarily offering installment loans and vehicle leasing. TAC entered the China market in 2004, and by 2014 launched TAC Financial Services (TACFS) in Hangzhou, Zhejiang Province to expand nationwide.