Security and agility are two of the primary demands placed on companies in the financial sector. The technological transition in recent years has driven organizations in this industry to adopt what is known as digital infrastructure to elevate these critical attributes to a new level and, consequently, remain competitive in the market.
The architectural characteristics of the sector create a challenging environment in terms of security and operations. As a result, even for companies that have efficiently relied on legacy systems for over 30 years, digital infrastructure has become a key solution to overcoming these challenges.
The Importance of Digital Architecture
Regardless of the type of business a company conducts, the digital infrastructure needed to ensure efficiency and a strong return on investment is one that offers high availability and robust security. For this reason, cloud and hybrid cloud solutions have been increasingly adopted in this process.
In this context, the architecture must accommodate workload distribution while also considering regulatory requirements and specific security certifications. For example, institutions handling credit card data require a certification known as PCI DSS (Payment Card Industry Data Security Standard). This means they need a PCI-compliant structure to ensure secure financial transactions, meeting a series of security prerequisites. Failure to comply with these requirements prevents certification.
The type of innovation represented by digital architecture is necessary due to a key metric in the financial market: the cost per transaction. The computational infrastructure employed in the financial sector must ensure availability, as this fosters credibility not only for the institution but for the financial industry as a whole.
Example of the Benefits of Digital Infrastructure in the Financial Market
Among the innovations that demonstrate the significant societal impact of digital infrastructure in the financial market, PIX stands out as the most relatable to the public. Today, people using PIX do not worry about whether the transaction will go through, as the infrastructure supporting this process has made issues rare.
Moreover, in places like Brazil, where urban and virtual crime rates heighten security demands, the architecture used for this purpose must be reinforced to prevent unauthorized access to both bank accounts and user data.
The financial sector’s reliance on robust digital systems operating with high availability provides assurance that transactions will be completed successfully. This is why people do not check their bank account balances daily. The credibility achieved by institutions, ensuring processes run smoothly, provides the necessary security to eliminate constant concern.
Sustainable Evolution of the Financial Sector
Risk analysis is essential in the financial market, and technology is a critical ally in this monitoring. Thus, implementing digital infrastructure in this sector also enables the adoption of Artificial Intelligence (AI) tools for this purpose. Large-scale AI implementation supports the sustainable evolution of companies, significantly reducing the likelihood of operational failures in financial transactions.
All the factors mentioned above converge on what is known as cost-protection. In other words, digital architecture contributes to making all processes in the financial system more efficient. This applies to everything from the quality of customer service to computational efficiency, enabling optimization of the cost-per-transaction metric. This results in fewer charges across the entire financial ecosystem to ensure effective transaction processing.
How to Address Challenges Related to Digital Infrastructure?
Issues involving digital architecture are rarely resolved with a single product. Generally, companies need a solution specifically designed and tailored to meet a particular demand. This is where the role of a technology boutique like heimr.co becomes essential in supporting the daily operations of financial institutions.
Understanding the challenges faced by organizations is the first, and perhaps most critical, step in this process. From this analysis, it is possible to design a solution tailored to the specifics of each case, aimed at resolving a problem, evolving an infrastructure, or exploring other possibilities.
Innovation is necessary because technologies evolve rapidly. It is no coincidence that the financial market advances in terms of innovation more quickly than other sectors, often setting trends for other industries due to the demands financial institutions must meet daily.
Therefore, relying on digital infrastructure is essential to ensure the security and agility of processes, optimize the cost per transaction, and provide not only market competitiveness but also credibility in delivering services and products to clients.