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How Digital Transformation Is Ushering In A New Era For Banking & Finance?

31 West

With some embracing the idea of outsourced IT help desk Services to third parties, it comes as no surprise that the banking and finance sector embrace the digital transformation. On that note, here’s a full rundown of the impact of digital transformation on the banking and finance industry. What is Digital Transformation?

Banking 130
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Low-code Application Development Platforms PEAK Matrix® Assessment 2023

Everest Group

Looking ahead, low-code technology’s influence will expand beyond internal applications to include customer-facing solutions and seamless integrations. This strategic expansion coincides with the rise of industry-specific low-code solutions tailored to sectors such as healthcare, finance, and insurance.

Insurance 264
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Hackett: Digital Transformation is a Leading Priority for Finance in 2023, As Companies Respond to the Global Economic Downturn

The Hackett Group

Finance Looks to Technology to Mitigate Productivity and Efficiency Gaps MIAMI & LONDON, March 14, 2023 – Corporate finance leaders expect to remain focused on digital transformation in 2023 to address recession, inflation, geopolitical turmoil and talent shortages, according to the 2023 CFO Agenda research from The Hackett Group , Inc.

Finance 97
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From Roman Tax Collectors to Global Business Partners: A History of Outsourcing

Premier BPO

The 1980s and 1990s saw a surge in Information Technology (IT) outsourcing, with companies like IBM and EDS leading the way. Contact centers handle customer interactions, while back-office functions include finance, accounting, and data processing. Initially, it involved peripheral activities such as cleaning and maintenance.

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Global Locations State of the Market 2023: Changing Locations Landscape in the Face of Economic Uncertainty | Locations PEAK Matrix®

Everest Group

The report assesses the conversational AI technology providers landscape across various dimensions, including: The key trends shaping the global services landscape Risk watch The Locations PEAK Matrix®: it features an objective, data-driven, and comparative assessment of locations specific to a market segment (function and process); the key market (..)

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From Buzzwords to Reality: Impact Sourcing and AI for Social and Business Advancement | Blog

Everest Group

NextWealth offers services in AI/Machine Learning (AI/ML), Information Technology (IT) services , and Business Process Services (BPS) under a managed services model to a diverse set of clients in tech, e-commerce, fintech, banking, financial services and insurance (BFSI), and healthcare , among others.

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Hackett: Finance Leaders See Cost Containment and Cash Flow Optimization as Top Priorities for 2024

The Hackett Group

Finance leaders will also need to do more with less operationally in 2024 because they expect to see a 5% increase in finance workloads and a slight decrease in staffing and operating budget, The Hackett Group ® found. Digital transformation remains a top five priority for finance in 2024, the research found. NASDAQ: HCKT).

Finance 59