A report on the hidden costs and risks of IT in the financial sector
Discover threats that compromise business security, drain budgets and limit innovation – and find the path forward.
Insights on the state of IT in Finance and actionable advice on:
cybersecurity
maintainability
AI
legacy technology
architecture quality
knowledge distribution
green IT
The report delivers critical insights for CIOs, CTOs, and technology leaders in financial services, helping them make informed, strategic decisions.
INTRODUCTION
The financial sector is evolving rapidly, with AI leading the charge. From automated fraud detection to hyper-personalized customer experiences, AI is unlocking capabilities that were unthinkable just a few years ago. Yet, with these advancements come unprecedented risks. At the same time, FSI organizations must navigate rising cyber threats, aging legacy systems, a growing talent shortage, and the increasing push for sustainability.
For FSI leadership, many don’t realize that the key to success lies in software quality. It determines whether institutions can…
CHAPTER 1: The rising cybersecurity crisis
CHAPTER 2: How poor maintainability drains budgets
CHAPTER 3: The true cost of legacy technology
CHAPTER 4: The skills shortage putting the industry at risk
CHAPTER 5: The challenge of AI adoption
CHAPTER 6: The growing need to go green
Software Improvement Group (SIG) leads in traditional and AI software quality assurance. Empowering organizations to become more resilient and agile by guiding them to enhance their software quality and security through deep source code analysis and tailored, strategic advice.
Sigrid® – its software assurance platform – leverages the world’s largest database containing over 270 billion lines of code across more than 20,000 systems and 300+ technologies, and intelligently recommends the most crucial initiatives for organizations. SIG complies with multiple ISO/IEC standards, including ISO/IEC 27001 and 17025, and has co-developed ISO/IEC 5338, the new global standard for AI lifecycle management.
SIG was founded in 2000 and has offices in New York, Copenhagen, Brussels, and Frankfurt, and is headquartered in Amsterdam.
Sigrid®, together with expert software engineering consultants, and nearly 25 years of industry-leading research, position SIG as the foremost authority on software excellence.
For more information, please visit Software Improvement Group‘s website or social media channels.
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