Frost & Sullivan's Financial Services – Entering the Open New World
With higher expectations on services from customers, increased competition and increased number of legislation requiring compliance, etc, the financial service organisation environment has changed.
In this White Paper Frost & Sullivan and Siemens Enterprise Communications have presented their findings gathered from market research and conversations with CIO's of Western European and US financial service organisations.
The findings discuss how these organisations will have to respond to the challenges, the main barriers and the need to step into the new open software based world.
Frost & Sullivan believe that financial service organisations should consider deploying softswitches. Especially now that softswitch technology has matured enough to be as robust as legacy switches. By deploying a softswitch, organisations gain an open software based architecture ensuring full flexibility now and in the future.
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