Innovating with a Digital Mindset
Dualsysco Research & Development help to develop the digital environment for its clients to focus on their core business areas and enlarge its competency throughout the world. In the 21st century, The IT sector along with modern developing technologies has great impact on global markets and human being at large. The innovators and technologists that bring new ideas to life serve as catalysts of positive global change. It impacts on the way of communication, thinking and learning.
We at Dualsysco, develop the IT environment so they can improve their productivity and business capabilities by using fewer resources. The businesses and industries are divided horizontally between vertically. With innovative transforming ideas we convert it into digital platforms and digital products as per the client’s need. Our Enthusiastic team of Development follows the key steps in development process to meet all the requirements of our clients and launch an effective product in terms of software, Web or mobile application.
Our Approach as a Company
Dualsysco identify the needs of a client by Market research of a concerned required product. Our team performs extensive market research to determine the required product’s viability. We analyse the requirements of the proposed product which helps to outline the details and scope of every component, it allows optimizing the quality of product. Our team discuss the products and then start to design the product. Our developers code the development and focuses on implementation where interface, backend and database management process completed. With the professional highly expert software testing capabilities the product is tested and when launched after the technical clearances, the deployment takes place.
One of the new trends in the banking industry, ensuring fail-safe security will also be a core question regardless of the type of a cloud solution and its scale. Cloud is one of the current banking industry trends as well. It is expected that the technology will serve as a foundation for core modernization of banking organizations.
Risk Management Banking Industry Trends
Existing risk management systems at banking organizations might not be ready to face the challenges of the rapidly changing world. Poised to become the top banking industry trends for 2019 and years to come, AI-driven solutions with machine and deep learning algorithms provide a solution. As for cyber risk management, experts at Deloitte point at the following trends in the banking industry:
- Strengthen basic controls like IT asset, patch, and vulnerability management to identify and manage risks related to implementation of cloud and migration to open architecture.
- Use analytics tools and AI with security in mind.
- Build an IT infrastructure with security as a top priority: it should be able to withstand systematic attacks and long stress periods.
Risk Management Banking Industry Trends
Fintechs and nonbanks now have a substantial influence in the banking industry. They are highly agile, innovative, and aim at exceeding the demands of modern customers in banking services and experiences. Established retail banks need to compete and often play catch-up. Still, they acknowledge the need to change, and change fast.
There are no secrets to success. It is the result of preparation, hard work, and learning from failure.
Thus, adopting the same approach is a potent solution for retail banks that aim at adopting the latest trends in the banking industry quickly and impactfully.