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Digital transformation in Financial Services requires a rethink of identity management

OpenText Information Management

The recent Gartner’s 2018 CIO Agenda Survey found that digital transformation is more important for banking than any other industry sector. The CIOs talked about enabling technologies such as AI, APIs and analytics.

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Financial Services Data – More at risk than you’d believe

Thales Cloud Protection & Licensing

One of the top findings from the 2018 Thales Data Threat Report, Financial Services Edition was that data breaches in U.S. financial services organizations are increasing at an alarming rate. Two other key drivers are digital transformation and poor investments in IT security tools needed to protect data.

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OpenText STP Financial Hub revolutionizes workflows in the Financial Services sector

OpenText Information Management

It’s been a busy 2018 here on our OpenText™ Straight Through Processing (STP) for Securities (STP Financial Hub) platform, with many new clients discovering the benefits of our powerful workflow engine and flexible connectivity methods, along with our constant improvement and enhancement process for our existing clients.

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SHARED INTEL: How attacks on web, mobile apps are being fueled by rising API vulnerabilities

The Last Watchdog

It’s the glue holding digital transformation together. Related: A primer on ‘credential stuffing’ APIs are the conduits for moving data to-and-fro in our digitally transformed world. APIs are literally everywhere in the digital landscape, and more are being created every minute.

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ABBYY Reports 15% Annual Global Revenue Growth in 2018

Info Source

March 6, 2019 – ABBYY, a global leader in enterprise content IQ technologies and solutions, today announced it achieved 15% revenue growth in 2018, building upon the momentum from an exceptional 2017. ABBYY’s ability to deliver content IQ skills for the new digital workforce was one of the key growth drivers. MILPITAS, Calif.,

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Digital Banking Trends Survey Identifies Robotic Process Automation Software as a Promising New Technology

Info Source

The 2018 Financial Services Industry Survey Report confirms numerous compliance functions, from initial inquires through customer off-boarding, as key challenges for financial institutions, with 91% citing the “time/cost required from concept to reality” and 86% pointing to “budget constraints” as primary impediments.

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Improve your data relationships with third parties

Collibra

Regulators are focusing on the data relationships financial services organizations have with third parties, including how well personal information is being managed. There are several areas that the international financial services regulatory community is engaged in that touch on third party personal data relationships.