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5 Characteristics Financial Service Companies Should Have That You Aren’t Considering

System integration might not be one of the most interesting and exciting area in IT, however it is remains to be an important part for large corporations who wish to operate productively and seamlessly. Large organisations especially in complex industries such as finance usually employ different IT systems supplied by multiple vendors, which are not automatically link to each other creating many headaches.
This is why employing a professional system integrator is important so that all you headaches are cleared away by offering scalable technology solutions, which promote mutual growth. System integrators work very closely with clients to establish trust by executing solutions that are specifically tailored around the particular business needs, strategies and challenges. Companies need to realise the following five characteristics that are essential for their system integration to function efficiently and effectively.

Data Centre & Infrastructure Solutions
The data centre and infrastructure is one of the most crucial aspects of any financial service company since it holds complex information pertaining to their customers such as numerous customer accounts, contact details, transaction information and much more. This infrastructure includes sensitive data, which needs to be carefully analysed and assessed to determine how your business can grow and then offer both on, and off-premise solutions.
Businesses dwell in a dynamic and changing environment, system integrators should provide scalable solutions and continually review your needs to adapt accordingly so that you remain at the forefront of competition. Every financial service company should consider implementation of best solutions so that they can function in complete harmony. System integrators ensure this by migrating your applications in such a way that they run smoothly.
IT Support, Managed & Professional Services
Financial companies should outsource these services since they might not possess the necessary in-house expertise to tackle such issues. Many system integrators offer IT support and helpdesk options to your employees so that they can tackle both complex and simple infrastructures in case you lack in-house abilities.
Financial service companies need to integrate technology in their daily operations, which for some can be a daunting task. That is why appointing a leading system integrator will allow you to enjoy professional services that help integrate innovative technologies with your business strategy to help you get to where you want to be.
Another place where financial companies lack is managed services which ensures that all your IT services are aligned from building new systems to managing IT vendors, general IT admin. Outsourcing this service to expert system integrator will guarantee your business will run smoothly and efficiently.
Voice & Data Networks
For financial service companies looking for forward-thinking IT requirements they need secure data networks and efficient VoIP services. The key role of system integrator is to understand your needs and offer services that will bridge the gap. Financial service companies that aren't aware of VoIP should appoint a leading system integration partner that will assist you at every step and develop strategies that will help thrive your business.
Designing LAN & WAN networks and handling the move to online services will be done through a professional approach in order to protect your customer data. Apart from implementation, system integrators also educate and inform your staff about the details of voice and data networks so that they can easily adapt to them.
Hosting & Cloud
Financial service companies need to adapt to the cloud revolution if they want to succeed and remain ahead of competition. IT managers might find it hard to manage numerous products and services running in the cloud, which is why system integrators strive to offer cloud-based managed services such as hosted email & Office 365. These help IT managers identify the agility and affordability related to cloud-based applications. Save space by transforming on-premise physical data centre into online data centres by using cloud-based managed services such as DCAAS & DRAAS.
Security & IRM
Data security and protection should be top priority for several financial service companies since they hold customer sensitive data. Cyber crimes are on the rise and it is becoming even more important for large organisations to safeguard their data centres. Several system integrators specialise in IRM (information risk management) but also offer cyber-security assessment, third party security assessment and cyber-security governance. You no longer have to worry about protecting your information because through proper and intuitive system integration your systems are well guarded and safe.
Couno's brand model is based upon the five key pillars mentioned above which display commitment and dedication to the industry. We excel in providing such services to financial service companies that should have but aren't actually considering. We offer a comprehensive range of services that can implement system integration in line with your business strategies effectively and productively.
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Who will take the lead in Cloud Computing - Business or IT Executives?

It executives: "We're going to lead you into the cloud"
Business executives: "Thanks, but we've got this covered"

A new survey of 930 executives suggest that business leaders are moving as quickly as they can to cloud-based solutions, regardless of whether their IT departments are along for the ride. This apparent disconnect stems from exceptions "likely rooted the the business units" desire for more agility and their concerns that central IT is too cautions in cloud adaptation- especially public cloud adoption", the survey's authors deducted.

However, the survey, released by Rackspace, also suggest that IT leaders are getting more comfortable with cloud, particularly the security aspects. This may spur IT leaders to get out in front of the cloud movement, and evolve into brokers and advisor's to their business, versus simply being the people that handle the machines. At least that's the way IT leaders see their futures unfolding. 
Increasingly, corporate IT departments have been seeking a greater role in identifying and selecting cloud-based solutions for the business. Enterprises overall are becoming comfortable with the cloud technologies, the survey finds. IT concerns about the cloud security have been declined, down from 47% reporting it as a significant challenge in 2014 to 41% in 2015. As a consequence central IT has increased its focus to public cloud, with 28% of central IT respondents reporting public cloud as the top priority in 2015 up from 18% in 2014.
At this point, more than 62% of executive in the survey report that a majority of cloud purchase decisions are now made by their central IT department. In addition, 43% of IT teams are offering a self-services portal for access to cloud services, with an additional 41% planning or developing a portal. 
Many business unit leaders, however, continue to view IT within a more limited role. For example, while 59% of IT leaders see their department as leading the way with public cloud deployments, only 34% of business types see an IT role here. Likewise, 57% of IT types say IT will take a leadership role in selecting private clouds, versus 35% of business managers. Another 55% of IT execs see IT as ultimately charged with managing all cloud deployments. Versus 39% of business managers. 56% of IT managers say IT should be deciding or advising on which applications should go on the cloud, versus 44% of business types. 
The availability of cloud services for all types of needs has created a shadow IT reality that had grown well beyond the shadows. Business users directly procure their services, often seen as a workaround of slower, more cautions, IT departments. Ultimately, however, the future is in hybrid cloud, which requires skills in bringing outside on-line services together with on-premises assets. IT will play a role as advisor and broker for the business, identifying and procuring needed resources, whether the come from cloud services or enterprises' own data centres. 
Either way, there is a lot of room for continued growth in the cloud. Most enterprises only run less than a fifth of their total application portfolio in the cloud. In addition, 55% of enterprises report that a significant portion of their existing application portfolio is not in cloud, but is built with cloud-friendly architectures. That survey finds hybrid cloud is the preferred strategy. 93% of organisation surveyed are running applications or experimenting with infrastructure-as-a-service. 82% of enterprises have a hybrid cloud strategy, up from 74% in 2014. 
While public clouds leads in the number of enterprises adopting, private cloud leads in the numbers of workloads being run. Only 13% of enterprises are running more than 1000 virtual machines (VMs) in the public cloud, while 22% have more than 1000 VMs in private cloud. 
However, enterprises are expecting to grow public cloud workloads more quickly. in 12 months, 27% of enterprise respondents expect to have more than 1000 VMs- more than doubling the current 13%. Private cloud workloads are also expected to grow, with 31% expecting to run 1000 or more VMs, up from 22% in 2014. Fast-forward one year an we may find that enterprises are dividing workloads more equally between public cloud and private cloud, while non-cloud virtualized environments remain relatively static. 
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Why Professional IT Support Is So Valuable To Your Business

There are few matters so intensely debated within the realm of IT use within business than that of outsourcing services. And whilst some vehemently believe that outside support is nothing short of a bloated expense, others extol the benefits as being critical to the way they now progress their business. So with these ever more polarised opinions in mind, here we present four solid reason why professional IT support is so valuable to your business, and why it should no longer be ignored.
The four solid reason why professional IT support is so valuable to your business...
1. It provides for unparalleled knowledge from those at the forefront of technology
In the technological world, where technology evolves at an ever faster pace, keeping ahead of the pack with unparalleled industry knowledge and IT product know-how isn’t merely what defines productivity. Instead professional IT support can be what dictates the very bottom lines upon which a business is built (not to mention the meeting of ever more innovative threats from the realm of cybercrime).
2. It provides for IT systems that are built around you and your business goals
Rather than opting for a pre-built system that is anything but crafted to be fit for purpose, and far beyond the legacy system that is almost certainly older than every piece of hardware within the building, professional IT support can allow for the advice that builds solutions around your company and business goals.
To this end professional IT support can be completely dynamic: adapting and evolving as according to your needs.
3. Solid IT support can be the defining difference that prevents unpredictable service
For all the will in the world, sometimes things go wrong. Yet when things go wrong within the realm of IT, it can causes issues that span company wide.
Professional IT support are paid to plan ahead for these instances. Their business is keeping your business running, 7 days a week, with uptime that meet stringent 99.9% targets. And professional IT support companies rely upon reputations that are built on steadfastly stuck to down time and seamlessly managed processes that both address changing IT needs and systems, whilst keeping operations running.
Which, needless to say, is essential within the fast paced, and ever more pressured commercial environment.
4. Professional IT support has the sole aim of saving a company money, rather than adding to ever growing outgoings
Far from being ‘just another expense’ to chalk up, professional IT support should be thought of as a partnership which provides the modern business with the connections for essential services, hardware and IT solutions that streamline everyday processes and achieves short, medium and long term business goals.
IT support shouldn’t be about pre-defined packages and pre built solutions, instead it most certainly should be about operating within today's world with the very best and most suitable of IT solutions and support to help you progress.
At Couno we are completely committed to delivering the technology solutions of tomorrow, today. And through an unparalleled approach to dynamic, agile and completely customised solutions we’re literally providing the business critical systems that are built around our clients and their often complex and always demanding needs.
If you think that we could be your company’s competitive defining difference, then get in touch, we love to talk about just how we’ve become one of the leading systems integrators in the world’s financial sector, and moreover, what our history means for your future.
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