Introduced in November 2022, the Digital Operational Resilience Act (DORA) integrates ICT specifications into operational resilience regulations for EU financial institutions. Stemming from the financial sector’s increased reliance on digital technology post-pandemic,...
Unlike other industries that jumped headfirst into the cloud, banks and financial institutions have been slow and deliberate. They’re stuck with aging tech systems (legacy systems) that are deeply ingrained in their operations. Simply moving these systems to the...
Businesses struggle to manage massive amounts of unstructured data stored in silos. Traditional point solutions create fragmented data landscapes. A unified data management software offers a centralized platform to consolidate data from various sources, improving...
AI thrives on information, but if that information is inaccurate, incomplete, or biased, the results can be disastrous. A recent Gartner survey exposes the harsh reality: organizations lose an average of $15 million annually due to poor data quality. The...
Data silos, isolating data within an organization, are a significant challenge costing the global economy $3.1 trillion annually. These silos occur due to disparate systems, inconsistent formats, and lack of integration, hindering data accessibility and analysis....
