ManageEngine to Present the perfect solution for…

ManageEngine, the IT management division of Zoho Corp., will be present at MWC26 Barcelona, showcasing a powerful portfolio for information technology administration from a single platform.

For ManageEngine, participation in this event is essential. The biggest players in the market will be present, the world's most important clients will visit the fair, and it will be the perfect stage to strengthen the brand's presence in the region.

On this occasion, Romanus Prabhu, Director of Technology of ManageEngine, will deliver the keynote "Engineering Cohesion: Unified Endpoint Management for the Future of FinTech", in which he will present how it is possible to support companies in the BFSI sector through an adequate unified endpoint management strategy.

This keynote will take place on Tuesday, March 3rd at 2:15 PM CET as part of the "Fintech and Commerce Summit" to be held in Hall 4, focused on Connected Industries for this session. Add this Keynote to your agenda!

Additionally, the company will have a booth where attendees can approach and request solution demonstrations, learn about their offering in detail, and interact directly with ManageEngine specialists.

You can explore ManageEngine's complete offering at booth 4A50!

Why is Engineering Cohesion Important for the Fintech Sector?

A successful digital transformation strategy in the financial sector requires coordinated work from IT management. Achieving harmony between business needs and infrastructure optimization requires 'cohesive engineering'.

What does this mean? It's not simply about facilitating access to information from all areas for IT management. Technical judgment is needed to diagnose potential failures in time and see opportunities where others only see crises.

This aspect is essential when we talk about the financial sector. A small error can lead to very costly failures for the companies themselves or for their clients. In this scenario, a minimal oversight can cost millions of dollars.

Many FinTechs have built their infrastructure on the Platform as a Service (PaaS) model and depend entirely on AWS, Google, and Amazon clouds for their operations.

Data indicates that this trend will continue to rise. According to Grand View Research, the PaaS market will reach $287 billion by 2030. In 2024, the figure reached $89 billion.

Working in isolated teams can be practical for some organizations that are not very large or whose processes do not require high levels of detail. But for a 100% digital company, this method is dangerous.

According to recent Gartner estimates, companies lose between $9.7 and $15 million per year due to small inefficiencies and diluted, fragmented decision-making. If you don't have all the information, you don't make the right decision.

Depending on different vendors to resolve different incidents generates very diverse data that is measured disparately, resulting in unreliable final information and an immense number of iterations to have a final version of a basic report.

If we add to this different measurement methods and different approaches to the concept of continuous improvement, what we have is a large amount of data without order, without structure, and with many problems that are not resolved because there are no ways to correlate events or incidents.

That's not even counting regulatory and compliance challenges. An EY survey found that 57% of FinTech organizations have these challenges at the top of the most complex operational tasks.

Now: if data can become a complication in a disorderly environment that works in a siloed approach, imagine the impact at the compliance and regulatory level: an odyssey of epic proportions.

This is where the concept of Engineering Cohesion appears. Everything would be simpler if we could manage all devices (including servers) from a single console.

Resilience: A Key Element

Surviving in today's world is only possible with resilience. In addition to the previously mentioned challenges, organizations must deal with AI-powered cyberattacks, a growing trend of online fraud, and the pressures of a market at the mercy of geopolitical tensions of the moment.

Frameworks such as Digital Operational Resilience Act (DORA), GDPR, and PCI DSS can help companies better organize their information and comply with international standards.

However, applying best practices for identity management, software updates, multi-factor authentication, and encryption can be useful in this context.

All these concepts can be managed centrally with a Unified Endpoint Management and Security (UEMS) approach. It is now even possible to manage the security of each device individually, but in the same console where assets are registered, their maintenance data, warranty, updates, and patches are marked.

If you want to learn more details, you can visit the ManageEngine booth at MWC26 Barcelona or attend the company's keynote on Tuesday, March 3rd.