E-BOOK | April 29, 2022 | Authored by RSM US LLP
You may have heard of the 50-20-30 rule. It’s a money-management technique that divides your paycheck into three categories: 50% for the essentials, 20% for savings and 30% for everything else.
This guideline of personal finance can be a great model for financial services companies as well, especially when it comes to information technology. However, the categories for IT spending look a little different. The three priorities for financial services companies are IT needs, cybersecurity and technological innovation. And while the exact percentages that organizations allocate to each category can vary—based on the company’s structure and business environment— the goal is to balance these three pillars to create the basis for a successful, thriving culture.
Read our new eBook, “Balancing the three pillars of IT,” to unlock the full potential of your IT platform and achieve balance in your company.
Keeping the lights on, from an IT perspective, is about maintaining a stable, reliable and high-performing IT environment.
At its core, cybersecurity is about keeping a financial services company’s data from falling into the wrong hands.
Studies have shown that organizations that grew during the last recession were technologically superior and recognized the importance of innovation.
RSM can provide experienced resources to address your information technology, cybersecurity, risk and governance needs.
Call us at (541) 773-6633 (Oregon), (208) 373-7890 (Idaho) or fill out the form below and we’ll contact you to discuss your specific situation.
This article was written by RSM US LLP and originally appeared on Apr 29, 2022.
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