Mark Schlichting on LinkedIn: #teambuilding #escaperoom #workfun #bankerslife5012 #bankerslife… (2024)

🌟 Unlocking Your IT Potential in 2024!A Message to CTOs in Financial Services and Banking 🚀As an IT Director, my mission is to empower CTOs in the Financial Services and Banking sector to revolutionise their IT landscape, slashing costs while elevating technical delivery performance. 💼🔧But let's take a step back for a moment. As we start this year, here's a sobering thought:Did you know that over 80% of Tech New Year Plans are forgotten or dropped by February? The culprit? Often, it's the absence of actionable steps in those grand visions. 📆Now, let's talk a bit about the transformation process:1. Break It Down: Monumental goals can be daunting. The key? Slice them into manageable, bite-sized tasks. This way, you can relish the taste of success at every step. 🍰2. Embrace Flexibility: In the ever-evolving tech world, adaptability is your secret weapon. Be ready to adjust your goals swiftly to stay ahead of the curve. 🚀3. Celebrate Small Wins: Progress, no matter how modest, deserves recognition. Every line of code written, every milestone reached – these are building blocks towards your vision. 🥳 4. Accountability: Partner up with a like-minded colleague. Sharing your goals fosters a sense of commitment and mutual support, propelling both of you towards success. 🤜🤛2024 can be a year of tech achievements. Following the steps I’ve described we can roll up our sleeves, write the code, and change aspiration into delivery! 💻🌟 I’m happy to help in this transformative journey. Together, we'll conquer new horizons in Financial Services and Banking. 🌐 Dan#financialservices#technology#CTO #TechLeadership

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Navigating the imminent retirement of experienced team members can be a challenge, particularly in preserving specialised knowledge.The banking industry knows this concern all too well.Here's how it works on our hybrid cloud banking platform:1️⃣ Platform stability and resilienceYou can be certain about your bank's smooth operation, even when faced with complex system architectures and custom-built core features.2️⃣ Seamless team transitionYou don't stress about losing vital application skills and knowledge. Transitioning your team is easy, so new team members can quickly pick up the ropes.3️⃣ Adaptability at its bestYou're not stuck with rigid practices. It lets you respond with agility to market and business demands by allowing easy changes to your applications.4️⃣ Cost-effectivenessYou’ll benefit from cost savings and access to the latest versions without the hassle of maintenance. We are not just about technology; our goal is community.A good banking solution lets you embrace change with confidence, viewing team transitions not as setbacks but as opportunities for fresh talent to excel.#bankingsolutions #bankingindustry

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🎊 Welcoming 2024 with gratitude and ambition! 🚀 As a banking tech enthusiast, here's to a year of coding breakthroughs, seamless integrations, and tech-driven financial innovation! 🌐✨Key Tips for a Stellar Year:1. Code with Purpose: Every line of code contributes to shaping the future of banking. Code with a vision for efficiency and user-centric solutions.2. Balance Tech and Finance : Understand the financial intricacies; it's not just about algorithms but also about making financial processes more effective.3. Embrace Challenges : Challenges are opportunities in disguise. Embrace them, learn from them, and let them fuel your growth.4. Collaborative Coding : Collaborate with colleagues like a symphony of brilliant minds. A collaborative environment breeds innovation.Wishing You in 2024:May your code compile flawlessly, your projects be bug-free, and your career path be filled with promotions and exciting projects! 🌟 Cheers to a year where every commit brings you closer to your professional goals! 🥂💻 #NewYearNewCode #BankingTech #2024goals

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Wealth Prism

Wealth Prism

Starting in 5 minutes… our panel discussion ‘Cloud migration: a blueprint for success’ will be occurring on Stage 4 with: ⭐️ Marco Eijsackers, Head of CIO Office, ING⭐️ Ange Johnson De Wet, Head of Engineering, NatWest⭐️ Paul Clark, Chief Information Officer and Chief Digital Officer, ⭐️ David Elliman FRSA FBCS, Chief of Software Engineering, Zühlke GroupCheck out the key talking points: - What are the main challenges of migrating legacy systems into cloud environments?- Refactor, replatform, rebuild: best practice for application migration - Execution scheduling and migration structuring: what are the practicalities and what are the pitfalls to avoid? - From loss of data to project delays:how can risks be minimised during the migration process? - Let’s back-up: building a robust recovery strategy into your migration journey - A spotlight on IT resourcing: what are the key considerations#MLSummit24#payments#banking#finance#financialservices#economy#ecommerce#POS#innovation#lending#openfinance#greentransition#customerexperience#CX#platformeconomy#digitalcurrencies#CBDC

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Hello, Dear Network! The latest edition of the FSI Digital Transformation Weekly newsletter is now available, featuring the following two topics:1. There are emerging examples of what FSIs expect to get out of massive AI investments, and it's mostly staff reductions from Aitomation (AI + Automation) in Ops, Data, and IT functions. What evidence is there so far that mass layoffs next year are realistic?2. Until now, FSIs and fintechs have been eager to monetize the suboptimal financial and insurance behaviors of their clients, staying true to the first rule of capitalism: “Give customers what they want.” However, for some free and loss-making products, companies are starting to take a more assertive stance, forcing clients to level up.

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Synapse fires 40% of its employees following major client defects - https://lnkd.in/ghqVkUWX Synapse, a San Francisco-based financial technology startup backed by a global capital firm, plans to lay off 40% of its workforce. Sankaet Pathak, CEO of Synapse, is an Indian-origin entrepreneur. The decision will have an impact on 86 positions at the tech startup.The decision is part of the company's reorganization strategy, specifically for overstaffed departments and duplicated roles, according to the company. It hopes to advance along its growth path as a result of this. According to media reports, the company confirmed that one of its major clients, Mercury, would not renew its contract and would instead work directly with its banking partner, Evolve Bank and Trust.In response to the layoffs, the company expressed deep regret for having to say goodbye to some of its "exceptionally skilled and committed members." Nonetheless, the company expressed confidence in its current team's ability to manage its operations and continue to support its customers.This is the company's second round of layoffs. The previous one saw an 18% reduction in headcount in June 2020, affecting 63 roles.Synapse, founded in 2014 by Bryan Keltner and Sankaet Pathak, entered the market with the intention of providing a viable alternative to traditional banking systems. The startup's main goal was to provide operational simplicity, efficiency, and seamless integration for all types of banking transactions.By acting as an intermediary between its clients and their banking associates, it assists other startups in providing deposit, payment, and credit products. Andreessen Horowitz led a $33 million Series B funding round for the company in 2019.

Synapse fires 40% of its employees following major client defects - https://lnkd.in/ghqVkUWX Synapse, a San Francisco-based financial technology startup backed by a global capital firm, plans to lay off 40% of its workforce. Sankaet Pathak, CEO of Synapse, is an Indian-origin entrepreneur. The decision will have an impact on 86 positions at the tech startup.The decision is part of the company's reorganization strategy, specifically for overstaffed departments and duplicated roles, according to the company. It hopes to advance along its growth path as a result of this. According to media reports, the company confirmed that one of its major clients, Mercury, would not renew its contract and would instead work directly with its banking partner, Evolve Bank and Trust.In response to the layoffs, the company expressed deep regret for having to say goodbye to some of its "exceptionally skilled and committed members." Nonetheless, the company expressed confidence in its current team's ability to manage its operations and continue to support its customers.This is the company's second round of layoffs. The previous one saw an 18% reduction in headcount in June 2020, affecting 63 roles.Synapse, founded in 2014 by Bryan Keltner and Sankaet Pathak, entered the market with the intention of providing a viable alternative to traditional banking systems. The startup's main goal was to provide operational simplicity, efficiency, and seamless integration for all types of banking transactions.By acting as an intermediary between its clients and their banking associates, it assists other startups in providing deposit, payment, and credit products. Andreessen Horowitz led a $33 million Series B funding round for the company in 2019.