Data Challenges Faced by the Financial Industry
The Internet browser is becoming an increasingly important enabler of modern business practice. What was once simply the door to the Internet now facilitates many business critical web applications. The astoundingly fast evolution of the web and web-based technology means that banks cannot afford to neglect rapid advancements in this area.
Decisions on workstation build specifications, which include internet browser and operating system strategies, are made on a global basis. Reasons given by the participating banks for the choice of browser vary and include contractual arrangements, the pervasiveness of Microsoft products and fears of compatibility issues which may compromise security. The trend seems to be that upgrades to Internet Explorer are planned for next year. The result of this research is that the changes in market share for internet browsers have not, and will not in the medium term, translate into moves away from Microsoft’s domination of Internet Browsers in the banking sector.
Tagged with: applications, Internet Browser, Microsoft