Technology has proven to be the major business innovation that has altered the financial services market. Seven such technologies have been identified. Cloud computing is the obvious name on top of the list. Then there is block chain technology. Big data has enabled superior business analysis than ever before. Personalization of content is also playing a big part these days brought about due to technological revolution. Majority of systems these days are aligned with one another. Even personal computing is establishing new paradigms such as the Apple Watch and the Oculus Rift. Transaction processing systems continue to define organizations’ user friendly nature.