Banking faces a wall of IT debt, Tietoevry thinks it can break through
Briefly

"We are helping banks to modernize, to advance their payment institutions and possibilities," says Valdis Janovs, highlighting the role of Tietoevry in facilitating innovation within the financial sector. The modernization efforts are not simply for aesthetics; they aim to enhance operational capabilities of banks, ensuring they meet customer demands in a fast-evolving digital landscape. Janovs emphasizes that their services provide banks with necessary tools to adapt and thrive, crucial for competitiveness in a technology-driven market.
"We've noticed that the platforms we're developing are extremely modern compared to many banks we've met, especially in western Europe and the Nordics," explains Janovs. This sharp contrast sheds light on the challenges faced by traditional institutions reliant on outdated systems while innovative platforms from companies like Tietoevry are equipped with cutting-edge technology. It is not just about modernization; it’s about enabling these banks to provide services that meet and exceed evolving consumer expectations in the financial landscape.
Read at Techzine Global
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