Few IT professionals face greater challenges than do those in the financial services industry.
For openers, competition has never been more fierce. To meet the competition head on and grow market share, financial institutions are introducing new products and greater customer services, much of them online and all dependent on smooth-running, secure systems.
Then, there're all the issues arising from mergers. Which call on you to work miracles to make the acquired bank's systems compatible with yours. While not shutting down either system or losing customers in the process.
If all that weren't enough, there are Sarbanes-Oxley and Basel II. These new regulations make real-time reporting a necessity. Not to mention the need for stricter controls and stronger internal audit capability. And, of course, you'll want an efficient way to ensure compliance with PCI data standards.