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In a Tough Business Environment, Technology Opens New Doors of Growth for Financial Institutions

Worldwide, financial institutions are still recuperating from tighter regulations and customers continue to be wary in the aftermath of the financial crisis and the resulting economic downturn in the U.S. and Europe.

Not Just Another Round of Cost-Cutting

In the recent past, uncertain market cycles meant that the financial services industry would respond with short-term across the board cost cuts, often based on industry benchmarking, instead of creating permanent operating efficiencies that can ride out wide market swings.

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