COVID-19 is accelerating the trend towards a new operating model that delivers highly relevant customer experience, provides easy access to innovation and reduces cost of operations without the burden of managing security and infrastructure.
Today, the world’s most disruptive banks are in the cloud.
This infobrief discusses a survey across almost 150 banks looking at the benefits of open APIs, and how banks can best adopt them to embrace change successfully versus the competition.
ISO 20022 aims to facilitate convergence through collaboration, rather than by enforcing a need to rip up and replace the status quo.
This paper explores the industry challenges that make ISO 20022 relevant and then explores the strategic implications for treasury systems.
Different generations interact with their digital banking in different ways.
Investigating trends in IT transformation in financial services - focusing strategic outcomes rather than one-off projects
Investigating trends in IT transformation in financial services - focusing on strategies for banks to choose an IT services partner
Investigating trends in IT transformation in financial services - focusing on cloud and managed services
Investigating trends in IT transformation in financial services
Paul Thomalla, Global Head of Payments, Finastra, talks about how small-to-medium-sized banks have had to work hard to adapt to a rapidly changing payments landscape
The rapid development of new technologies in financial services is vastly increasing the pace of change, prompting financial institutions to evolve with the times, or risk being left behind. This is especially true in the area of services and suppliers to financial institutions.
Among its many benefits, cloud has the power to increase flexibility, agility and security. The move to cloud is inevitable, with 40% of firms in our study planning to increase their use of platform-based solutions over the next 3-5 years.
As technology shapes the financial landscape, so too do the ever-changing relationships between IT suppliers and banks. We commissioned a series of reports from Greenwich Associates to understand how financial institutions view their relationships with their IT suppliers and what is important for them when it comes to collaborative partnerships.
Traditionally, the relationship between IT vendors and their customers has been largely, transactional. However, as more and more banks look to move toward the cloud and others make the leap to managed services, we’re seeing financial institutions seeking closer involvement in their transformational IT projects.