Springbrook invites governments and local municipalities to simplify the management of most challengeable needs: finance, payroll, utility billing, advanced budgeting - solve problems and provide all in one solutions with a powerful financial cloud platform.
The financial services industry has opened up its doors to the cloud, making it more flexible than ever before. With financial cloud platforms, firms can scale digital banking operations, implement risk management, and take advantage of data-driven pricing. Moreover, cloud services eliminate the need to hire in-house talent, which can be costly. And because of the elasticity of cloud infrastructures, banks can scale their businesses and innovate faster than ever before. A few examples are listed below.
With modernized systems, the banking industry can deliver on the promise of IT agility with faster time-to-market, improved application performance, and increased efficiency. API-driven open banking infrastructure is key to unlocking new revenue and customer engagement models. Adaptability through technology adoption enables financial services organizations to evolve with the market without replatforming. Also, organizations can move workloads from one cloud to another as needed, and apply best practices developed on one cloud platform to departments using other cloud vendors.
IZO Financial Cloud is a secure and compliant platform that enables BFSIs to roll out advanced services with agility and confidence. It also embeds security and manages industry-specific cyber risks. The financial services industry is facing significant competition and disruption from new digital technologies. Tata's new cloud platform is designed to meet the demands of the industry and help financial institutions innovate. It also improves end-user experience by enabling BFSIs to offer innovative, dynamic offerings.
The next-level financial services that drive the customer experience are powered by artificial intelligence (AI) and Machine Learning. By harnessing the power of AI and Machine Learning, financial services can reimagine the future at their own pace. By incorporating these technologies into their business models, financial institutions can create hyper-personal cross-sell opportunities and elevate customer service. This is where financial cloud platforms are essential. When your company adopts this technology, you will realize the many benefits it provides.
By embracing a financial cloud platform, financial services organizations can gain more engaged customers and outperform their competitors on key metrics. Traditional processes can bog down financial services companies and create roadblocks. Finance and IT departments are often at odds, but alignment can produce remarkable results. And with data analytics, machine learning, and business intelligence, financial cloud platforms can make all of this a reality. These are just some of the benefits of cloud-based financial management software.
FlexClone enables enterprises to create test and dev environments with full virtual copies of their data volumes. FlexClone can clone any size source volume. The customer, a publicly traded global insurance company with more than 8,000 employees and 3,000 financial representatives, uses Cloud Volumes ONTAP to maintain high-availability of data on its platform. The RPO and RTO for the data is less than 60 seconds.