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finance

What Financial Institutions Need From Disaster Recovery

Financial organizations face unique challenges when developing disaster recovery strategies. Most organizations have an enterprise continuity plan (ECP) that includes disaster recovery. Unlike in other industries, having an effective disaster recovery plan is a requirement in finance. The Federal Financial Institutions Examinations Council (FFIEC) issued requirements in 2015 that were influenced by the effect that … Read More

5 Technology Transformations in Finance

The unique requirements in the finance industry present challenges for technology. Financial markets are fast-paced. If a transaction or trade isn’t made in milliseconds, customers can miss out on an opportunity, which also negatively impacts the financial institution. Important financial decisions need to be based on real-time information. Financial organizations also handle a lot of sensitive information on behalf of their … Read More

How to Choose Between Hosted or On-premises UC

Leveraging tools like unified communications (UC) is the key to maximizing your employees’ effectiveness. When workers can use multiple modes of communication, they collaborate more effectively, affording increased productivity and innovation. Employees can share documents and discuss projects no matter which communications tools they use or where they are located. While the value of UC … Read More