This whitepaper highlights how financial firms face growing customer expectations, regulatory complexity, talent retention challenges, and environmental risks. Legacy systems hinder timely, accurate data analysis essential for strategic decisions, while outdated technology is costly and inefficient. A cloud-based enterprise management solution, like Workday, offers real-time, integrated financial, operational, and people data to improve agility, collaboration, and compliance. Modern systems also support employee retention by reducing manual work and enabling strategic focus. Cloud technology enhances security, sustainability reporting, and innovation, helping financial services adapt and thrive in a rapidly changing environment.

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