A trading graphic is superimposed on the image of a young man using a tablet. (Image credit: Getty Images) By Jabin Geevarghese George published 9 August 2024 in Features Technology plays a crucial role in driving business success in the finance industry. Conventional methods of allocating IT funds, which mainly revolve around upkeep and small-scale enhancements, are no longer adequate. Financial services firms need to embrace the latest technologies to achieve better business outcomes. This article explores how strategic IT investment, enterprise architecture innovation and advanced technologies such as AI can bring about transformative growth in the financial sector. Reprioritizing IT investments Banking and financial organizations must move beyond conservative IT spending focused on maintaining legacy systems to achieve significant business advantages. The key is to shift investments toward innovative technologies with high ROI, requiring a transformation mindset rather than a traditional one. This requires rethinking how IT and business strategies are aligned and executed. Subscribe to Kiplinger’s Personal Finance Be a smarter, better informed investor. Save up to 74% Sign up for Kiplinger’s Free E-Newsletters Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more – straight to your e-mail. Sign […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
