As a light at the end of the COVID-19 tunnel is emerging, the question on the minds of most banking executives revolves around readiness. Will current systems and processes continue to support the post-COVID working environment, and how can we manage new challenges as they arise?
Technology adoption will likely pave the way toward tighter treasury management as new tools are adopted. Coming into the crisis, many operations were held captive by outdated systems and software that could not be adapted to meet the needs of current remote work environments. As a result, there is a rapid movement toward the cloud as businesses transition architecture and systems to secure off-premise environments.
Another key driver for most financial institutions this year is recovery and survival. As they seek to undo the negative impacts of the COVID-19 pandemic, many are looking for ways to contain costs, manage profitability and meet the demands of their customers.
Join Finastra and other select thought-leading peers, to discuss the ways in which banks are enabling economic growth and leveraging the technologies they are using to achieve it.