Improve compliance visibility and reduce risk in financial services
The lack of visibility into users, assets, infrastructure, and applications is a major challenge for financial services institutions, causing revenue loss, operational disruption, and reputational damage. Vendor sprawl and resource constraints contribute to this issue. Engaging fewer, trusted vendors with industry expertise can enhance visibility and mitigate compliance risks, leading to improved brand reputation, reduced risk, increased revenue, and better incident response. The report advises organizations to inventory their tools and vendors, consolidate their environment, and focus on trusted partners. Read the full Forrester Research report for more.