"Internet Technology can no longer simply be an 'add on' at the periphery of the business, but rather must be deeply embedded at its core."
Financial Services clients now demand more and faster information, greater transparency, and improved risk management. The perceived value of data has fundamentally shifted. New business and IT models will likely upend conventional thinking about the roles and capabilities of IT systems.
Chris Perretta, EVP and CIO of State Street Bank and cloudTP Board of Directors member, describes in this video how information technology and the cloud are ushering in an entirely new paradigm in the financial services industry.