Financial services

Banking, insurance, and asset management are among the most valuable – and therefore also vulnerable – services of a business.

Financial institutions have come to adopt new technology, ready to leap from their familiar legacy operations to modern solutions. Still, the financial industry as a whole needs to become more agile, secure, and resilient.

Financial services are confronted with the growing need to access data anytime and anywhere. At the same time, financial institutions face unique, newly emerging risks and regulatory challenges. In our experience, digital, often cloud-based solutions provide the ideal foundation for scalable financial services. Companies can more efficiently and cost-effectively maintain simplified regulatory compliance, use artificial intelligence and machine learning for analytics on rising data volumes, reduce resource scarcity, and hasten innovation and time to market. This keeps you ahead of competition while staying in control.

Security from the edge

Building edge security ecosystems and saving significant on infra expenses.

Financial Services continues to be one of the most widely attacked industries. Web application and API attacks are increasing at an alarming rate while also growing in complexity. Enterprises are to be safeguarded, meaning clamming up and ringfencing the web applications utilizing the edge.

Content Delivery Networks (CDN) provide security, performance and availability and evolved. Next stage is utilizing edge data and integration with the core systems of the enterprise.

Enterprises should retain ownership of their data, previously ceded to a CDN, as such data can now be utilized for more comprehensive purposes. For example, Schuberg Philis has built an adaptive security engine for secure application & API protection and content delivery, which offers more advantages than just security. It brings significant cost avoidance of cloud and on-premises infrastructure expenses (80% of front-end traffic is hosted and offloaded); near real-time data stream & SIEM logs; application integration based on data lake and data analytics; and reporting and trail for: