Financial institutions are under constant pressure to reduce costs, improve operational efficiency, adapt to regulatory changes and grow their business. NRI believes that a combination financial knowledge and information technology are crucial to the industry’s growth and development. Through our lakyara reports, NRI identifies the various capital markets and IT issues impacting our clients and the future of their business.
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The term "cloud" is often heard in the IT industry. Financial market players tend to associate cloud computing with cost-cutting, but among cloud computing technologies, PaaS has the potential to substantially benefit financial institutions operationally.
By virtue of recent regulatory reforms, technological innovations, and changes in consumer behavior, standardized international settlement services are at last showing signs of gaining prevalence in Japan also. The time has come for Japanese bank groups to rethink their settlement service strategies.