Financial services and modern technology don’t just go hand-in-hand; they are also truly inseparable. If you are a financial services firm, you rely on technology to help you communicate with clients, streamline processes and maintain efficiency while meeting the needs of those you serve.

Why the Financial Services Industry Needs High-Quality Managed IT Services

Technology has become an essential resource in the finance and accounting industry. To attract and keep clients and talented employees, you need to utilise the sophisticated technology expected of any business in the digital age. But it’s challenging to have an in-depth knowledge of new and readily available technologies. By outsourcing your IT needs to an award winning managed service provider, financial firms have immediate access to bespoke expertise and guidance from experienced IT professionals.

IT security is another severe concern for the financial industry. Data breaches and cyberattacks plague small businesses and large organisations daily. Cybercrime costs the financial services more than any other sector, so failing to protect yourself and your clients with efficient and reliable security is unacceptable. Furthermore, as technology continues to advance, so does the capabilities of cybercriminals attempting to benefit from your data. This means that at all times, you must be one step ahead in regards to technology, knowledge and expertise. Fortunately, outsourcing your IT needs with ITRM ticks all three boxes!

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Why Choose ITRM for Your Finance IT Needs?

With over 20 successful years in the IT industry, ITRM has had the pleasure of working with a variety of small businesses and large organisations. During this time, we have developed an understanding of the varying IT needs of many different industries and created innovative solutions to suit the needs of companies and the demands of competitive industries such as financial services. Providing clients with bespoke financial services requires utmost efficiency and reliability while giving them peace of mind knowing their sensitive data is safe.

Cloud Computing

Cloud computing is essential for the financial industry as it provides you with the resources to access your data at any time, from anywhere, using any device. This accessibility not only increases your team’s productivity and efficiency but also encourages a level of collaboration simply impossible without using the cloud.

Secure Financial Data with High-Quality IT Security

Preventing unauthorised access to financial information is paramount. Therefore you cannot afford to neglect the importance of high-quality, reliable IT security. Due to mass breaches and disruptions in recent years, regulations and guidelines regarding data security are more stringent than ever. As a financial services provider, it’s vital to have the necessary cybersecurity in place to adhere to any relevant guidelines and protect both you and secure your client’s data. Failing to do the latter can directly impact your ability to make money, attract and keep clients — as well as affect your company reputation.

Plan Ahead with Disaster Recovery Planning

Disaster recovery planning is essential to help your business get back on its feet and reduce losses following a catastrophic event. In the financial industry, such an event often comes in the form of a data breach or another type of cybercrime. Therefore, ensuring you have a disaster recovery plan in place gives you peace of mind and protection and provides you with specialist knowledge and expertise from an experienced managed service provider. Ideally, you will never have to use a disaster recovery plan, but that doesn’t mean you should risk it all by not having one. Your company reputation and financial stability hang in the balance when a disastrous event occurs. Having a recovery plan will determine how effectively you bounce back. 

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Does Your Financial Firm Require Bespoke IT Support and Solutions?

ITRM works closely with businesses in all industries, helping them to get more out of their IT systems for less. So if your company needs tech-based assistance or you’d like more information about our business IT outsourcing in London, get in touch today — we’re happy to help.

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