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The Evolution of Managed Hosting: Trends Shaping the Future for Investment Firms in 2024

2024-04-16 | 5 MINUTE READ

data center room with servers

In the financial services industry, investment and wealth management firms are continuously faced with the challenge of managing complex data securely, efficiently, and cost-effectively. As we move further into 2024, the evolution of managed hosting has become a pivotal focus, with emerging trends setting a new benchmark for operational excellence. This shift is not just about keeping up with technology but leveraging it to gain a competitive edge, ensure regulatory compliance, and provide unparalleled client services. Generic Network Systems (GNS) stands at the forefront of this evolution, offering tailored IT solutions. With decades of experience, these solutions not only meet the current demands of the financial sector, but also anticipate future trends. This blog post discusses how Generic Network Systems' (GNS) specialized services aligning with the trends shaping the future of managed hosting for investment firms.

Application Integration in Managed Hosting

The financial sector is increasingly reliant on sophisticated software solutions to manage portfolios, comply with regulations, and enhance client service. The ability to integrate various applications seamlessly is crucial for portfolio management, regulatory compliance, and enhancing client service. Firms require sophisticated software solutions that can be intricately woven into their existing systems to enable smarter, data-driven decisions. This is where the expertise of a managed hosting provider becomes invaluable. By facilitating advanced application integration, IT firms like GNS empower investment firms to optimize their operations and service delivery, ensuring they remain competitive, secure, and can significantly enhance the personalization and accuracy of their services.

Advanced Disaster Recovery Services are Imperative for Financial Firms

A firm's data is not just an asset, but the cornerstone of its operational integrity and client trust. However, firms are also vulnerable to a range of threats, from cyber-attacks to natural disasters. As such, robust disaster recovery strategies are essential for minimizing downtime and data loss in the event of a compromising incident. This service is crucial for maintaining client trust and ensuring compliance with regulatory requirements.

Firms like GNS, for example, provide advanced disaster recovery services, emphasizing the recognized importance of resilience and preparedness. This approach serves a dual purpose: minimizing downtime/data loss during incidents, and reinforcing client trust through stringent regulatory compliance. Employing managed IT services helps firms protect their critical data and maintain operations under any circumstances, thereby safeguarding their reputation and client relationships.

IT firms recognize the nuanced needs of finance professionals, and that's why GNS advocates for a layered approach to infrastructure security. This involves utilizing both public cloud services, like AWS and Azure, as well as private hosting services. The public cloud offers scalability and innovation, while private hosting provides an additional security layer, mitigating risks associated with data breaches. Furthermore, an approach with a hybrid cloud model seamlessly integrates these environments, offering firms flexibility and enhanced security. This strategy acknowledges and supports the evolving IT landscape, where the transition to Software as a Service (SaaS) and the necessity for disaster recovery solutions that maintain operational continuity are top of mind.

For finance professionals, navigating the digital world requires a partner that understands the importance of safeguarding operations and client data against disruptions. IT firms like GNS employ disaster recovery services that are designed with this imperative in mind, offering customizable, secure solutions that ensure firms remain operational, even in the face of unforeseen challenges. By embracing such advanced disaster recovery strategies, finance professionals can ensure their firms are well-equipped to handle the complexities of today's financial ecosystem, preserving their reputation and the trust of their clients.

Global Managed Services

The demand for reliable, secure, and efficient IT infrastructure is a common thread connecting firms across the globe. However, the path to achieving this standard is marked by varied complexities due to the differing markets and regulatory environments in which these firms operate. It's within this context that current trends in IT management are playing a pivotal role, especially as the sector shifts towards more innovative ways of investing.

Understanding the significance of these shifts, IT management companies are adopting strategies that enable financial and investment firms to not only navigate but thrive amidst these changes. GNS, through its global managed services, exemplifies this approach by providing a consistent and highquality IT backbone designed to meet the needs of firms in various locations. This global strategy has become increasingly critical as the financial sector grows more interconnected, with new avenues opening for innovation and investment.

Furthermore, GNS ensures robust managed services across all IT environments—whether public cloud, private cloud, on-premise, or hybrid setups. This versatility is crucial for firms that operate within diverse technological frameworks and need seamless integration without compromising on performance or security. Through this adaptation to various IT configurations, GNS empowers firms to focus on core business strategies while relying on a dependable IT infrastructure that scales and evolves according to their unique demands.

Ensure your financial data's security and compliance. Book a call with us today to learn more about managed hosting solutions.

At the core of GNS' offering lies in its scalable and flexible managed hosting and infrastructure solutions, which are crucial for firms aiming to quickly adapt to market changes and technological advancements. This agility ensures that financial and investment firms are not hindered by IT limitations, enabling them to seize new opportunities as they arise. Bridging the gap between the universal need for robust IT infrastructure and the specific challenges presented by global market dynamics and regulatory frameworks, GNS is at the forefront of equipping firms to face the future of finance with confidence.

Embracing the Future

The financial space is rapidly evolving, driven by technological innovation, changing regulatory frameworks, and shifting client expectations. Investment firms require an IT partner that not only keeps pace with these changes but also anticipates future challenges and opportunities. Firms like GNS have comprehensive suites of services that demonstrate a deep understanding of the financial sector's unique needs, offering a strategic partnership that goes beyond standard technical support. By aligning IT capabilities with business objectives, GNS enables firms to navigate this complex environment confidently, ensuring they are well-equipped to meet current challenges and capitalize on future opportunities.

IT specialized services are not just about providing tech solutions; they're about empowering investment and wealth management firms to meet the demands of a rapidly changing financial sector. Through expertise in critical software, advanced disaster recovery, global managed services, certified hosting solutions, and strategic partnership, GNS plays a pivotal role in helping firms navigate the complexities of today's market, ensuring they remain resilient, compliant, and ahead of the curve.

Ready to secure your firm's future in the evolving financial and tech landscape? Contact us today to discover how our specialized IT services can empower your investment or wealth management firm to thrive amid change.