BYOD 101 for financial firms

BYOD 101 for financial firms

The bring your own device trend is in full swing in the financial services industry. A new MobileIron study, "The Changing Mobile Landscape in Financial Services," indicated that many financial employees are eschewing traditional desktop computers in favor of smartphones and tablets. Of the 400 IT professional surveyed, 50 percent expect that most of their coworkers will check email and use apps on mobile devices within the next 12 months.

Is your financial company prepared for BYOD?
Unfortunately, it seems that many financial companies' BYOD plans are either woefully inadequate or completely nonexistent. About half of respondents noted that their firm doesn't have a BYOD strategy in place. Of the IT professionals whose companies did have a mobility policy, 36 percent said that the plan did not align with business goals.

The implementation of a BYOD program is a good first step for financial firms looking to boost productivity and streamline communications. However, without a well-designed mobility strategy in place, BYOD can simply create confusion and IT headaches. The key is to develop a program optimized for a company's specific business functions.

In order to reap the full range of benefits afforded by BYOD, company leaders should integrate a unified communications solution into their mobility policies. UC components like a VoIP system and visual voicemail can help mobile workers collaborate more effectively with one another. With a comprehensive UC program, companies can maintain control over their communications systems while enabling employees to work from home or while on the go.

Enhance organizational agility with UC
The MobileIron study respondents identified "agility and preparedness for change" as the No. 1 factor in a company's ability to sustain a successful BYOD strategy. UC programs provide organizations with the flexibility needed to support a mobile workforce. For instance, find me follow me, a feature of the VoIP system, forwards calls from employees' work phones to their mobile devices. This allows workers to remain responsive to clients and customers at all times.

Meanwhile, UC services can improve agility by integrating voice, video and email on a single interface. Unified messaging makes employees' communications incredibly efficient. Since workers can access a broad range of messages on their mobile devices, they are able to work effectively from all locations.

The adoption of a BYOD program can substantially improve communications. Firms that embrace UC services could bring their mobility strategies a step above those of their competitors.