Lending in an evolving economy: How banks in the Middle East can unlock innovation & opportunities
Finastra and Software Group hosted a virtual boardroom "Lending in an Evolving Economy", bringing together banking leaders and tech experts to discuss the challenges and opportunities facing the lending industry and how banks in the Middle East region can unlock innovation.
With the pandemic, businesses have been forced to do in days and weeks what would otherwise take months or years; to shift rapidly to remote, multi-site working and adapt to new tools and services. It is the ultimate test of resilience, brutally exposing weaknesses in supply chains and processes. The lending industry, for its part, should be experiencing something of a bonanza in the pandemic. In a global economy suddenly starved of revenue and capital, loans now make the business world go round.
However, lending in a changing global economy takes a certain kind of determination and insight; one that sees both challenges and opportunities. By 2025, traditional relationship management will drop in importance, as real time access and value-add services will increase. So, what is the best strategy for the lending industry to fulfill their corporate client’s needs? What will be your strategy?
Finastra and Software Group explored these possibilities together with banking leaders and technology experts at the DigiConnect executive virtual boardroom. The event deliberated challenges and opportunities facing the lending industry and how banks in the Middle East region can unlock innovation. View the recording to learn more.
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