The biggest factor on the ledger today for the financial sector is digital strategy. Technology is pushing consumer expectations to new heights of access with banking software solutions, and financial institutions can answer with new services and operational efficiencies.
Cloud-based solutions for the financial sector include greater security and the power to scale. And accounting software development has made data not only easier to maintain on the cloud, but has created greater efficiencies during high-traffic transactions.
In Finances, it always comes down to data security. Cloud technology is more secure than data stored on-site because, in the case of physical disaster, even if all four walls of your bank fall in your data will be safe. Learn more about our cloud-based financial software solutions.
Blockchain technology isn’t just about processing account ledgers, it’s about transparency and the immutability of data stored in a distributed network. And unless financial companies adopt this technology, they run the risk of losing market share to the innovative startups that do.
Worldwide spending on Blockchain solutions will increase to $12.4 billion in 2022 (from $1.5 billion in 2018).
The financial services industry is changing fast with consumer pushes for real-time money transfers and easier account access. This demand has also shaped corporate ventures and investments, with most FinTech investments today happening along the East Coast. Jafton provides the custom software development to help businesses in finance reach new heights. Bigger things are possible.
Where financial industries move toward mobile banking, the new challenge becomes scaling and reach. We’re equipped with the cloud solutions and digital strategy to avoid choppy waters. Then, where exploring new operational business models, the question of risk comes into play. We’re ready to automate compliance and give you the data analysis power to receive the best of today’s digital opportunities.
Rapid technology adoption doesn’t stop at consumer banking software solutions, either. Digital integrations are the key to unlock new operational capacities, including modernized software, cloud services and Blockchain technology. And the future of financial institutions will also leverage machine learning and AI to tap into consumer behavior, helping companies tailor products to reflect all dynamics of the market as it grows.
Jafton reads deep into the latest thinking to keep all your digital solutions ahead of the curve. Working with Jafton opens the door to transparent and active collaboration with our Agile team, allowing us to weave in opportunities when new technologies and market shifts come up.