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Finances, Banking and Insurances
Blockchain, instant payments, mobile payments, fintechs, big data analytics, are among some of the latest topics in the digital transformation of the banking sector. Recent studies show that the next step will be intensive use of machine learning to build predictive analyses, understand clients, discover behaviors, and prevent cyberattacks and frauds.

To meet all these challenges, startups pop up every day, directly supported by the innovation departments of large banks, others in the best universities, and some among independent garage innovators, all with the purpose of creating services and changing business models in the banking sector.

Traditionally, banks have always been among the leaders in the use of information technology. Today, more than ever, they are challenged to incorporate innovations at unimaginable speed and scales, even to the most visionary analysts in this segment. (Journeys to treasury BNP Paribas 2017)

This is a sector at an accelerated digital transformation pace, with a large volume of information being processed, submitted, and received at every second. Therefore, banking, insurance, and payment processing companies need a robust data center infrastructure, available, capable of following the growth of demand, with high security standards, detection of DDOS attacks, and mainly, quick and stable connection through optical fiber – in addition to following the digital transformation of the so-called fintechs. All this offered by ODATA’s colocation service.
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