FinTech Magazine - June 2021 | Page 87

TECHNOLOGY

“ Responding to change at pace and delivering incremental improvements is essential today ”

ELI ROSNER CHIEF PRODUCT AND TECHNOLOGY OFFICER , FINASTRA
between teams , allowing businesses to work in a way that is flexible , dynamic and scalable . The conversation has now moved from whether firms should use cloud and collaboration technology to how rapidly the move can be made and whether a multicloud solution is required .”
Foster believes the pivot to a hybrid workfrom-home and office model since the pandemic will only cement this trend as the increasing use of cloud and collaboration tools enables teams to create new products , collaborate with co-workers and communicate with clients regardless of whether they ’ re located in the physical or home office .”
Trends in lean and agile technology As the fintech market evolves , so does its reliance on the latest technology offerings . In line with efficiency and streamlining , many of these solutions are being developed to integrate and work with legacy systems rather than ousting them completely . The idea is that the two can function together , improving productivity and delivery to market , without the large financial outlay involved with a complete system ‘ rip out and replace ’ strategy . fintechmagazine . com 87