Web development

We will discuss 3 Web Development Best Practices that can help you safely launch your new specialized banking & financial services application. We should have said three Web Development Best Practices of security since security is so crucial in the Banking and Finance sectors and it is the main topic of this post.

Do we really have to go back and review all the security threats and online hacks and attacks that happened over just the last 5 years or so… I hope not?

All financial institutions and banks have developed a strict policy for systematically securing their critical clientele web applications. But they should also apply such a targeted policy when developing web applications dedicated to their personnel by making development choices that will address today’s security requirements and adapt to help meet tomorrow’s challenges.  Therefore, they must carefully identify all web access to database and process involved in these web application projects and assess the level of risk presented by each type of online communications or user group; ideally, at the development stage.

Because security fixing costs 100 times more to correct once in production than in development. So, it would save a lot of pain and revenues to test-find security flaws at the latter stage.

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A Gain vs. Risk analysis favors rapid development of financial & banks web applications mostly because it will shed some light on some potential design issues, which is no small matter if this happens when you’re already far down into the development process.

Whatever field of activity you’re in, if you’re thinking web applications, it clearly involves providing access in the field to both process and data to Clients and / or to the Sales Force.

And when it comes to Banking and Finance, security is of the utmost importance, of course, even more so if we’re talking mobile web deployment but one would be wise to go beyond the “personal data and hacking risk paradigm”, and assess accurately and globally the level of security needed around each of its applications and each type of data involved in your next web application development.

This exercise will benefit you by simplifying application design; thus, accelerating your web applications development.

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The time has come to migrate the technology  and your IT Management Director swears by the Web. He o wants all new applications (or almost all…) to be Web-based. The main argument being made is that all these web applications will be much easier to deploy and maintain. That there will be huge savings in fees. Should you make the web migration move.

Oh Web!  Oh how we adore you!

Some of your current applications actually contain a lot of business intelligence. Your users have gotten used to the way they’ve accessed it over the years.  Will a web migration allow you to preserve the integrity of your business intelligence and maintain the current level of usability?

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