Managed IT support can provide a range of benefits for financial service groups. From improved security to cost savings and greater efficiency, managed IT services are an important part of any well-run organization in the finance industry.
This post explores the various ways that managed IT services for finance can help your business succeed. We’ll look at how managed IT services can improve system security, reduce costs and streamline operations for better overall performance.
What are Managed IT Services?
Managed IT services are essential for financial service groups to ensure their data and systems remain secure and compliant. These services can provide financial service providers with a variety of benefits, including managed security, infrastructure improvements, managed storage, disaster recovery and cloud computing.
Managed IT service providers often provide these services on a subscription basis, allowing organizations to scale their operations as needed while keeping costs under control.
Managed Security
Managed security solutions can help protect against cybersecurity threats such as malware attacks, ransomware, hacking attempts and other malicious activities. It will usually include antivirus protection, firewalls and intrusion detection systems that constantly monitor networks for any suspicious activity. They also offer regular patch management to keep the organization’s software up to date with the latest security protocols.
Managed Infrastructure
Servers and other hardware devices are able to function properly through managed infrastructure keeping critical financial systems operational at all times. These services may include server virtualization, or scaling up server resources when demand increases or decreases, as well as providing 24/7 monitoring to detect any issues before they become major problems.
Managed infrastructure also includes backup and recovery processes that allow organizations to recover files or information in the event of disasters such as power outages or hardware malfunctions.
Managed Storage
Managed IT services for financial service groups provide organizations with scalable data storage capacity making it possible to store massive amounts of customer data securely and reliably without having to build out their own hardware infrastructure, which by other means would come with a very high price tag.
Managed storage solutions also include automated backups so critical information can be recovered quickly in the event of an emergency or hardware failure.
Cloud Computing
Cloud computing helps benefit financial service groups by utilizing external hosting, networking, storage and software resources hosted in remote cloud-based data centers rather than deploying on-site hardware equipment.
Developing in-house software can be a notoriously expensive endeavor with a high-cost upfront investment; deploying cloud computing enables organizations to utilize shared cloud infrastructure to drastically cut costs.
Cloud computing offers numerous advantages over traditional on-premise systems such as scalability, on-demand tools, and pay-per-use models that make it ideal for businesses managing unpredictable customer demands that require flexible deployment options without sacrificing performance levels.
Benefits of Managed IT Services for Finance
Managed IT services provide financial service groups with a number of advantages over traditional IT support solutions. By working with a managed service provider (MSP), these organizations can benefit from the expertise and resources offered by an experienced group of professionals that specialize in technology solutions designed for finance.
The most important benefits financial organizations can receive include:
Improved Scalability
Managed services are designed to grow alongside the business, allowing for seamless adjustments and changes as the organization’s requirements evolve. Managed IT providers can provide companies with access to the latest technologies, as well as regular maintenance and updates, eliminating the need to invest in new hardware or software. Managed services are also highly customizable, allowing financial service groups to select specific solutions that meet their exact specifications and needs.
Enhanced Security and Customer Value
Managed IT services for finance also offer enhanced security measures that help protect sensitive data and ensure compliance with industry regulations such as Title 23 NYCRR Part 500, GDPR, GLBA/FFIEC, SOX, or other applicable legislations.
Managed service providers offer advanced monitoring tools and automated security patches that keep systems running optimally while reducing risk exposure. They also use multi-factor authentication methods to reduce risk and protect against unauthorized access attempts. These measures provide a more robust security system that enables clients to entrust more faith in your services.
Streamlined Operations
Finally, managed IT services enable financial service groups to streamline operations by providing access to reliable round-the-clock support from qualified technicians with vast experience in troubleshooting any technical issue quickly and effectively.
Managed service providers often employ a team of certified IT experts who are available 24/7 for troubleshooting, system upgrades, server maintenance or other related activities, minimizing downtime and helping businesses stay competitive in this digital age.
Offering Critical Support Improving Value with SeaGlass Technology
Managed IT services for financial service groups provide a critical layer of protection and support to ensure the security and efficient operation of your organization. With managed IT services, you can be sure that all aspects of your IT are being addressed.
The right managed IT provider will help keep your business secure by providing comprehensive monitoring, maintenance and troubleshooting capabilities, as well as offering tailored solutions designed specifically for finance organizations. For more information, contact the team of experts at SeaGlass Technology today at 212-886-0790.