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You're navigating financial technology jargon. How can you ensure clear communication with the IT team?

In the fast-paced world of financial technology, bridging the gap between finance and IT is crucial. Here's how to enhance clarity:

- Familiarize yourself with basic fintech terminology to build a common language.

- Ask for explanations in plain English for complex concepts or acronyms.

- Encourage regular knowledge-sharing sessions to align both teams' understanding.

Have you found effective ways to demystify tech jargon in your workplace?

Financial Technology Financial Technology

Financial Technology

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You're navigating financial technology jargon. How can you ensure clear communication with the IT team?

In the fast-paced world of financial technology, bridging the gap between finance and IT is crucial. Here's how to enhance clarity:

- Familiarize yourself with basic fintech terminology to build a common language.

- Ask for explanations in plain English for complex concepts or acronyms.

- Encourage regular knowledge-sharing sessions to align both teams' understanding.

Have you found effective ways to demystify tech jargon in your workplace?

Add your perspective
Help others by sharing more (125 characters min.)
22 answers
  • Contributor profile photo
    Contributor profile photo
    Maedeh Molana

    Helping investors make smarter decisions

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    Promote a culture of open dialogue where both teams can share insights. Utilize visual aids like flowcharts to illustrate complex ideas, and create a shared glossary of terms. Regular cross-functional workshops can also foster understanding and collaboration.

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    Contributor profile photo
    Kęstutis Gardžiulis

    Digital-Banking Pioneer 🏦 FinTech Dreamer 🚀 Advisor & Mentor 🤝 Award-Winning Founder 🏆

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    People process information through context and relevance. Map your needs to their mental models — what makes their work easier or more efficient? Avoid abstract goals; tie every requirement to a clear impact on user experience or system resilience. IT teams thrive on clarity and purpose, so frame requests as puzzles they’re uniquely suited to solve: 'How would you approach ensuring zero lag during a sudden surge?' Collaboration becomes an intellectual partnership. Show curiosity about their challenges — ask, 'What would make this smoother for your team?' Respect their expertise and signal their input shapes the outcome.

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    8
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    Contributor profile photo
    John Robert Gregorio

    Enterprise, Solutions Architecture and Innovation at MERALCO

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    It is crucial for long-term IT support that IT people is able to understand the business, how it is running as a process, and how it is running in terms of IT systems. So, IT should fully understand the business, and all of the terminologies and its arrangements. There shouldn't be any fintech jargon with IT.

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    6
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    Kiruthicka GP

    Pursuing MBA - MS @ Amrita school of business and University at Buffalo | Ex-Citi | MSO tools | SAP | Tableau | Power BI | 3x Top voice

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    To bridge the gap between financial jargon and IT language, start by using simple, concise terms. Avoid finance-specific acronyms unless they're widely understood. Take time to understand the tech concepts your IT team uses; ask clarifying questions when needed. Use analogies that relate to finance, making complex topics relatable. Schedule regular check-ins to align on project goals, ensuring both teams are on the same page. Document discussions and decisions in plain language for future reference. Encouraging an open dialogue fosters collaboration, reduces misunderstandings, and drives innovation.

    Like
    2
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    Contributor profile photo
    Giuliana Wiese

    Founder y CEO | Consultoría | Mentoría | Speaker | Finanzas | Gestión de Proyectos | Presupuestos | Bancos | B2B | B2C | OKR | Productividad personal | Hábitos | Inmobiliaria | Construcción | Servicios | ONG

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    La actualización ya no es una opción sino una necesidad, se debe estar a la vanguardia de las tendencias del mercado e invertir en la capacitación de tu equipo, sino hablan el mismo lenguaje entonces no podrán entender los objetivos y la visión de la misma en términos actuales.

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