A technology-led transformation has become a top priority for businesses in the financial sector as they seek to become more efficient, whilst looking to provide better value-added services to their clients and maintaining a competitive edge in an environment of disruptive technologies and services from newer FinTech businesses entering the market.

Advancements in cloud services, analytics and visualisation tools, have made it possible for more businesses to take advantage of advanced tools accessible via cloud services. Whilst the adoption of the cloud will continue to increase in this sector, security and regulatory compliance requirements will become critical.