Organizations must leverage on their ever increasing data piles to help employees and management to make informed decisions and grow business. Going forward, companies will face existential crisis if they do not put their data to work by modernizing their legacy systems and technologies. Building a data strategy to modernize legacy technologies is a sure way for successful implementation of data modernization projects. Data strategy must be looked as a long-term plan rather than a short term fix and it must include provisions that detail the roles of people, technologies and processes to solve data-related issues and challenges. Same case applies to business IT systems and applications. Organizations spend huge money in setting up their IT systems. Nevertheless, there comes a time when every business enterprise must upgrade to newer versions or replace their legacy systems with more agile cloud technologies.

Written by

C2S Technologies Inc

Published on

Dec 06, 2023

Effective financial risk management is paramount in the world of capital market asset trading, which involves substantial investments in diverse asset classes, commodities, options, futures, and more. In this context, one prominent financial services organization embarked on a mission to conduct daily risk assessments to mitigate risks for themselves and their clients. Regular risk calculations are essential as they provide insights into whether additional liquidity is needed to cover potential risks.

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