Company: IBM Business Analytics
Category: Technology Systems and Software
Published: 04 November 2015
Financial institutions today are finding their businesses becoming increasingly heterogeneous and, in response, are seeking greater flexibility in their risk management systems and practices. While risk solutions have traditionally been compartmentalized as being delivered on premise or on-cloud, with the ever-accelerating evolution of on-cloud technologies, a continuum of deployment options have emerged.
These include hybrid models which are becoming increasingly available to the market. These options offer financial institutions unprecedented opportunities to optimize and integrate their diverse capabilities, while aligning processing costs more effectively with the areas where firms can derive the greatest value.