Banks and companies providing IT and digital services for the banking sector: what challenges are...
The world of banks and companies that provide IT and digital services for the banking sector continues to face important and significant changes.
Recent European directives such as PSD2 (the Payment Services Directive 2 which allows bank customers, both private and corporate, to use Third Party Operators to manage their finances and payment transactions, and to access information on their accounts) and GDPR (General Data Protection Regulation, have had a decisive impact in terms of competitiveness, causing banks to accelerate the pace of their digital transformation.
Furthermore, there’s increased competition from the launch of digital payments services from organisations that aren’t traditional banking or financial institutions (Apple Pay, Google Pay, Amazon etc.). This provides additional challenges related to the development of innovative digital services.
As a result of this, the banking world needs to:
- make their infrastructures operationally efficient, both in terms of consumption and energy efficiency and sustainability
- guarantee the availability of the infrastructures supporting the data
To achieve this, solutions must:
- guarantee Power Quality (i.e. a continuous, quality electrical power supply) and Business Continuity (i.e. systems continue to be powered and work correctly even in the presence of critical events)
- take a complete view of the entire system for energy protection, continually assessing the consequences of any growth or modification of the infrastructure (e.g. scalability, new additions, increases in power)
- predict and prevent any 'disasters' (malfunctions, modification or replacement of systems, maintenance)
- have monitoring technologies that allow the rapid detection of problems and identify areas for improvement to help guarantee business continuity
Riello UPS always implements new solutions in its products aimed at reducing energy consumption through, for example, increasing efficiency and actively participating in spreading a culture of sustainable development.