Cybersecurity in Financial Services – What Will the New Year Bring?
The COVID-19 pandemic drastically changed the way that financial organizations operate, communicate, and do business. As firms were adjusting to new ways of working, cyber criminals were eagerly awaiting the opportunity to take advantage and exploit security weaknesses. Today’s cybercriminal is capable, skilled, and constantly evolving to take advantage of online behavior. As we enter a new year, new cybersecurity challenges are ahead of us. So, what can we expect in 2021?
The rising risk of remote working
Today the majority of financial organizations have a remote workforce, and this way of working brings a set of challenges organizations must address to ensure customer and employee data is protected. Remote employees are sharing their home network with smart TVs, phones, tablets, and various IoT devices that are not adequately secured. The exchange of highly sensitive, confidential, financial information tha
(0)
Initiative Will Transform Traditional Business Continuity and Risk Programs into Flexible, Robust Ecosystems Fusion Risk Management, Inc. (Fusion), a leading provider of risk management software and services, and Sungard Availability Services (Sungard AS), a leading provider of cloud connected infrastructure solutions, today announced a partnership to deliver enhanced value to the market. The partnership will bring together the Fusion Framework System and Sungard AS recovery capabilities and consulting services to meet increased customer demand for a comprehensive approach to operational resilience.
Fusion and Sungard AS believe the best way to combat disruptions from the growing number of threats is to integrate traditional business continuity, disaster recovery, and crisis management into a modern, software-enabled operational resilience ecosystem. New research from the Open Compliance and Ethics Group (OCEG) shows that 67% of companies across industries plan to or hav
London based Fintech Finastra Partners with Be | Shaping the Future to Offer Managed Services
Finastra, a financial services software and Cloud-enabled solutions provider, has decided to extend its partnership with
Be | Shaping the Future, a global group offering consulting, IT and digital engagement services to the financial services sector.
The partnership extension should see Be offering managed services – via its Germany-headquartered division
Be | Shaping the Future GmbH – for Finastra’s treasury and capital markets software (
Fusion Kondor and
Fusion Risk) deployed in the Cloud across Germany, Austria, and Switzerland (DACH).
The partnership between Finastra and Be should result in growth in market share while providing greater value to new and existing clients. It also includes the launch of Finastra solutions in a Cloud-enabled environment, along with flexible managed services.
Finastra extends partnership with Be | Shaping the Future with managed services cloud proposition
Be will deliver Finastra s Fusion Kondor and Fusion Risk treasury and capital markets solutions in DACH
News provided by
Share this article
Share this article
LONDON, May 10, 2021 /PRNewswire/ Finastra has extended its long-standing partnership with Be | Shaping the Future (Be), an international group providing consulting, IT and digital engagement services to the financial services industry. The move will see Be providing managed services – through its Germany-based subsidiary Be | Shaping the Future GmbH – for Finastra s treasury and capital markets software (Fusion Kondor and Fusion Risk) deployed in the cloud across Germany, Austria and Switzerland (DACH).
More than 120 Global Financial Institutions Rely on Fusion to Ensure Compliance with New Bank of England and the Basel Committee Regulatory Requirements Fusion Risk Management, Inc. ("Fusion"),