Financial Services in the New Normal

Soon after the first few cases of the novel coronavirus (COVID-19) being reported in Singapore on February 2020, the Monetary Authority of Singapore (MAS) recommended that banks implement "additional measures" to deal with the outbreak.

Banks quickly rolled out actions for internal controls across business and operations. However, most have different degree of incapability of working from home and fully functioning. Some are faced with limitations of connectivity, while some are restricted by the mobile applications concerning agility and security.

Together with subject experts from Nutanix, IDC Financial Insights presented our latest assessment of the impact of the COVID-19 in the Asia/Pacific Financial Service sector. We also touched on the top inhibitors and actionable steps to enable your workforce to effectively work remotely and emark on the new ways of doing business in the new normal.