Transformation Trends In Application Production Management

Transformation Trends In Application Production Management

Banks and financial institutions operate in a highly pressured environment amid a sluggish economic recovery, compressed margins, stringent regulatory requirements, and looming threats from new competition. Most banks are taking steps to address near-term financial pressures, such as pricing adjustments and operating cost reductions. From an information technology (IT) perspective, banks are increasingly focusing on continuous optimization of their IT spend.