Companies also diversify their delivery models,<\/a> with Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) gaining more and more traction. Plus, a slew of new job positions have emerged to manage different aspects of cloud in the enterprise, including architecture and safety.<\/p>\n[\/vc_column_text][wgl_spacing spacer_size=”24px”][\/vc_column][\/vc_row][vc_row][vc_column][wgl_carousel slide_to_show=”2″ use_pagination=”” slides_to_scroll=”true” infinite=”true” use_prev_next=”true”][vc_single_image image=”534″ img_size=”full” css=”.vc_custom_1557213298833{border-radius: 5px !important;}”][vc_single_image image=”535″ img_size=”full” css=”.vc_custom_1557213319135{border-radius: 5px !important;}”][vc_single_image image=”536″ img_size=”full” css=”.vc_custom_1557213339628{border-radius: 5px !important;}”][\/wgl_carousel][\/vc_column][\/vc_row][vc_row][vc_column][wgl_spacing spacer_size=”41px”][vc_column_text]\nOne of the new trends in the banking industry, ensuring fail-safe security will also be a core question regardless of the type of a cloud solution and its scale. Cloud is one of the current banking industry trends as well. It is expected that the technology will serve as a foundation for core modernization of banking organizations.<\/p>\n[\/vc_column_text][wgl_spacing spacer_size=”36px”][vc_column_text]\n
Risk Management Banking Industry Trends<\/h5>\n[\/vc_column_text][wgl_spacing spacer_size=”25px”][vc_column_text]\n Existing risk management systems at banking organizations might not be ready to face the challenges of the rapidly changing world. Poised to become the top banking industry trends for 2019 and years to come, AI-driven solutions with machine and deep learning algorithms provide a solution. As for cyber risk management, experts at Deloitte point at the following trends in the banking industry:<\/em><\/p>\n\nStrengthen basic controls like IT asset, patch, and vulnerability management to identify and manage risks related to implementation of cloud and migration to open architecture.<\/li>\n Use analytics tools and AI with security in mind.<\/li>\n Build an IT infrastructure with security as a top priority: it should be able to withstand systematic attacks and long stress periods.<\/li>\n<\/ol>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][wgl_spacing spacer_size=”8px”][vc_single_image image=”548″ img_size=”full” css=”.vc_custom_1557216508259{border-radius: 5px !important;}”][wgl_spacing spacer_size=”44px”][vc_column_text]\nRisk Management Banking Industry Trends<\/h5>\n[\/vc_column_text][wgl_spacing spacer_size=”25px”][vc_column_text]\n Fintechs and nonbanks now have a substantial influence in the banking industry. They are highly agile, innovative, and aim at exceeding the demands of modern customers in banking services and experiences. Established retail banks need to compete and often play catch-up. Still, they acknowledge the need to change, and change fast.<\/p>\n[\/vc_column_text][wgl_spacing spacer_size=”42px”][\/vc_column][\/vc_row][vc_row][vc_column css=”.vc_custom_1557217274555{padding-right: 70px !important;padding-left: 70px !important;}”][vc_column_text]\n
There are no secrets to success. It is the result of preparation, hard work, and learning from failure.<\/p>\n– Paul Tournier<\/cite><\/footer>\n<\/blockquote>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][wgl_spacing spacer_size=”37px”][vc_column_text]\nThus, adopting the same approach is a potent solution for retail banks that aim at adopting the latest trends in the banking industry quickly and impactfully.<\/p>\n[\/vc_column_text][\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":"
[vc_row][vc_column][vc_column_text] Whether you are building an enterprise web portal or a state-of-the-art website, you always need the right modern tools. Well-built and maintained PHP frameworks provide those tools in abundance, allowing maintained PHP frameworks provide those tools in abundance, allowing developers to save time, re-use code, and streamline the back end. As software development tools […]<\/p>\n","protected":false},"author":1,"featured_media":529,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[22,27],"_links":{"self":[{"href":"https:\/\/tslnigeria.com\/wp-json\/wp\/v2\/posts\/1071"}],"collection":[{"href":"https:\/\/tslnigeria.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tslnigeria.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tslnigeria.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tslnigeria.com\/wp-json\/wp\/v2\/comments?post=1071"}],"version-history":[{"count":0,"href":"https:\/\/tslnigeria.com\/wp-json\/wp\/v2\/posts\/1071\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tslnigeria.com\/wp-json\/wp\/v2\/media\/529"}],"wp:attachment":[{"href":"https:\/\/tslnigeria.com\/wp-json\/wp\/v2\/media?parent=1071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tslnigeria.com\/wp-json\/wp\/v2\/categories?post=1071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tslnigeria.com\/wp-json\/wp\/v2\/tags?post=1071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}