Working in the Technology function within a small financial services company involves a unique set of considerations due to the specific challenges and requirements of the financial sector. It is highly regulated and has a high security elementfor obvious reasons. Nearly all of our clients rely on external Core Banking System providers and in many of them several different partners optimised for savings / lending as well as individual finance / HR systems for example. So a complex matrix of suppliers and systems that all need to me managed together.
Here are the key considerations many of our clients will be looking at skills in:
- Regulatory Compliance and Data Security incl. Cyber
- Scalability and Flexibility of systems
- Integration and Interoperability incl. third-Party Software and APIs
- Cost Management & Resource Allocation
- Disaster Recovery and Business Continuity planning
- Customer Experience and Usability incl. mobile and digital services
- Process Automation and Efficiency of systems
- Cross-Departmental Communication, Support & Training
- Innovation and Keeping Up with Technology Trends
- Vendor Management e.g. cloud providers, cybersecurity firms, and software developers
By focusing on these key considerations, IT professionals can effectively support the strategic objectives of a small financial services company while ensuring security, compliance, and operational efficiency.
We support all of our clients with their leadership positions as well as technical specialists within their IT & Technology teams, be it 1st / 2nd or 3rd line support and including Business Intelligence as well as wider Project Management & Change.
Ultimate Banking - the Intelligent Approach