WFH? Sure. WFA? Nope: Coming Rules for Distributed Workers in Financial Services

Report Summary

WFH? Sure. WFA? Nope: Coming Rules for Distributed Workers in Financial Services

The financial services industry has much to consider across all verticals in setting its long-term WFH strategy.

Boston, December 2, 2020 Work from home (WFH) and work from anywhere (WFA) are two topics that businesses of every stripe are seriously evaluating as part of a long-term model in the workplace (or workspace) of the future. With less than a year’s experience with pandemic operations, scores of companies across far-ranging industries are boldly declaring what major changes their specific work environments will entail. The pandemic has, of necessity, loosened the operating practices and rules for regulated industries temporarily. However, creative long-term plans for how markets will change and where and how work gets done will soon encounter a dose of reality.

This Impact Brief describes what, for the financial services industry, that reality might entail. These considerations should be part of the evaluation that financial services leaders, chief information officers, chief information security officers, and enterprise risk committees undertake in planning their long-term operating structure and footprint.

Clients of Aite Group’s Institutional Securities & Investments, Wealth Management, Wholesale Banking & Payments, Retail Banking & Payments, Health Insurance, Life Insurance, P&C Insurance, Cybersecurity, or Fraud & AML services can download this 10-page Impact Brief. To learn more about the topic covered in this Impact Brief, please contact us at [email protected].

This report mentions Cisco WebEx, Dell Technologies, Edward Jones, Facebook, Microsoft, Securities and Exchange Commission, State Farm, and Zoom.

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