IT Managed Services for Financial Services
Stars-Support Technology Partners is experienced in providing managed IT services for firms in the financial services field. From security and compliance concerns to optimizing your effectiveness through technology, we have you covered.
Time Is Money
In an industry that is totally reliant on technology, your financial service firm deserves IT systems that won’t let you down. Our team has decades of experience helping financial services firms, from financial planners to broker-dealers, implement smart technology that increases company profitability while maintaining high security standards to meet compliance requirements and earn clients’ trust.
IT Solutions for All Compliance Requirements
Depending on how your financial service is classified, you will have different levels of IT systems requirements. Luckily, Stars-Support Technology Partners is experienced to provide IT solutions for any level of compliance requirements. Our solutions allow for safe information sharing practices to your customers while safeguarding sensitive data at the same time.
Some of Our Financial IT Solutions Include:
- SEC/GLBA Compliance Solutions
- FINRA Compliance Solutions
- Data and Email Encryption
- Email Journaling and Archiving
- Backup and Disaster Recovery
- Vendor Management
- Smartphone and Tablet Strategy
- Ongoing Monthly Compliance & Industry Standards Reviews
- Proactive Security Monitoring
Schedule a Free Consultation
We’re excited to talk with you about how Stars-Supprot can meet your healthcare IT needs. Click the button below to schedule a free consultation!
Key Advantages of Managed IT Services for Banks
Benefits of Managed IT Services for Financial Institutions
Managed IT services, like 24/7 infrastructure monitoring and support, help meet the financial institution’s IT requirements. They help banks monitor and regulate systems and resources and ensure they meet specific standards. Every Managed Services Provider (MSP) offers a unique set of services for financial institutions and delivers a range of benefits:
1. Managed IT Services Helps With Compliance and Personal Data Protection
Financial services employees face numerous compliance and personal data protection challenges, especially in these days of international markets, emerging cloud technology, and massive financial-related application growth. Company leaders must manage the difficulties of finding appropriate personnel to manage their IT services, and many must decide whether to outsource the work or maintain in-house IT departments.
Compliant record storage — whether in the cloud or through on-premise storage solutions — adds to the additional complications that surround shared data and data-in-transit safety. This predicament is likely to worsen as time goes on because emerging digital banking services such as increased lending, expanded product offerings, and additional regulations will likely create additional digital security challenges.
2. Managed IT Services Help Prevent Security Breaches
Financial company decision-makers must keep up with demand for new services while remaining in compliance with constantly evolving regulations. Emerging online and mobile banking applications present additional challenges because they can contain hidden vulnerabilities that might adversely affect institutions’ existing data security protocols. The difficulty for financial services organizations is to balance the drive for innovation with their customers’ strict security requirements.
During the past several months, those in the financial sector witnessed numerous challenges in the marketplace — particularly pertaining to data security breaches. In July 2016, a disgruntled employee sent malware code to 10 of financial giant Citibank’s Global Control Centers. The attack caused nine centers to crash and drove 90% of the bank’s networks offline.
Incidents like the Citibank debacle are likely to increase in number; technology improvements often lead to better hacking, resulting in additional breaches. Financial institution leaders need to have strong IT infrastructures in place to ensure they limit their breach risks as much as possible.
4. Managed IT Services Enable Cost Savings
Building and maintaining a competent IT department requires significant investment. Outsourcing your IT needs to an established Managed Service Provider (MSP) saves money, time, and resources, allowing more focus on business growth and strategy improvement.
5. Managed IT Services Help Drive Efficiency
Partnering with a Managed IT Service Provider for IT Service Management (ITSM) can help optimize your systems allowing your teams to work more efficiently. MSPs design efficient systems that leverage technology to improve operations, which can identify unique factors that hinder performance across the department.
Find the Right Managed IT Services Provider
Financial institution decision-makers must grow their businesses while maintaining the highest possible security levels. This involves maintaining technology infrastructures that can grow with businesses — without adding significant costs. Organization leaders face decisions regarding strengthening and growing their internal IT systems, controls, and professional staff versus outsourcing these functions. They also have the option to capitalize on internal and outside expertise by combining them into hybrid IT systems.
Technology must not only protect data and resources but also give financial organizations the ability to compete. This is where Synoptek comes into play.
If you’re ready for a better way to manage your IT services with a managed service that grows when your business does, it’s time to contact Synoptek. Help us identify the unique challenges you’re facing, and we’ll come up with a detailed plan and program to address them. Contact us for more information.
