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Informative Article | Finance | India | Volume 9 Issue 1, January 2020 | Popularity: 5.4 / 10

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Strategic Frameworks and Risk Mitigation in the Deployment of Software Infrastructure within Banking and Financial Services

Joseph Aaron Tsapa

Abstract: This paper precisely evaluates the significance of software infrastructure in banking and financial institutions as the point of operations and the source of client services. If properly instituted, strategic models and risk mitigation strategies are crucial to building a robust infrastructure that complies with industrial standards. Data breaches, online threats, and regulatory requirements are some of the Articles' challenges. Their solutions, like DevOps, agile methodology, and cloud computing, are also discussed here. These approaches help accelerate performance optimization, reinforce safety, and increase trust. Blockchain, AI, and machine learning will become a standard. Hence, advantages and some drawbacks will appear. Closing the paper by enumerating the ideas for further study will help sort out these technologies and lead to the extraction of benefits.

Keywords: Software Infrastructure, Banking and Financial Services, Strategic Frameworks, Risk Mitigation, Deployment

Edition: Volume 9 Issue 1, January 2020

Pages: 1928 - 1931

DOI: https://www.doi.org/10.21275/SR24430160839

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