Today’s rapidly evolving economic environment demands that technology play an ever-increasing role in supporting seamless transactions, mitigating risks and improving overall efficiency. In an era marked by digital transformation, over 65% of the population in the United States have adopted digital banking as of 2022. Meanwhile, the global average fintech adoption rate is 64% as of 2023 and is growing with every coming year. This article examines the critical pillars of the financial IT industry in detail including infrastructure, cybersecurity systems, cloud solutions and artificial intelligence (AI). Core Financial IT Services: Foundational Infrastructure Financial IT services encompass a suite of…
Author: Stacy Dubovik, Financial Technology and Blockchain Researcher at ScienceSoft
Author
Stacy Dubovik, Financial Technology and Blockchain Researcher at ScienceSoft
Stacy joined ScienceSoft in 2020, bringing in her expertise in large-scale digital transformation projects and practical knowledge of the finance domain. Stacy frames ScienceSoft’s service offerings and technology guides in corporate finance, BFSI, DeFi, and blockchain. She works side by side with business analysts, software architects, and developers to help create innovative solutions that bring unique client value. Stacy continuously monitors customer expectations and technology trends in the BFSI market and explores the newly-emerging fintech and blockchain products.