finance

Workday Details Financial Services Industry HR Challenges and Hybrid Work Operational Costs

Written by IhebQld

June’s live Cloud Wars Expo event featured dozens of industry leaders allowing the Acceleration Economy team access to the inner workings of the greatest growth market the world has ever known.

If you missed the Expo or just want to catch up on sessions you were not able to attend, then you’re in luck. We recorded more than 40 hours of education sessions from the event, which are available for free to Acceleration Economy subscribers. We’re also previewing the content in this series of Moments, which feature highlights from each session.

In this Cloud Wars Expo Moment, excerpted from Day 3’s Industry Cloud Battleground session, Jim Gahagan, Senior Industry Director of Financial Services at Workday discusses some of the major challenges facing Workday’s financial services customers today.

Highlights

00:01 — Gahagan paints the reality of the number of challenges facing the post-Covid era financial services industry. These include operational costs of hybrid work environments, which Gahagan suggests are currently top of mind in every organization.

01:08 — Because of the operational cost challenge, talent attraction and retention are equally difficult obstacles to overcome. IT resources in financial services are competing directly with giants like Google and Microsoft.

02:01 — Financial services firms need to adapt to changing environments more quickly.

02:43 — Gahagan cites customers coming to Workday without HR or financial systems with mere months to get business back on track, further stressing the need for rapid adaptability in the financial sphere.


Access more than 40 hours of cloud education content featuring 100-plus speakers at Cloud Wars Expo On-Demand. All content is free to Acceleration Economy subscribers with an on-demand pass.

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