Digital transformation in itself is not a novel concept. Financial institutions have spent much of 2020 tweaking and developing their digital transformation, with the understanding that an innovative business strategy is imperative in order to deliver successful business outcomes. However, as a new year starts, senior industry leaders recognise that if their infrastructure isn’t modernized adequately, and efficiently, they may not be able to keep up with this banking evolution.
Digital transformation driven by data analytics and AI will be pivotal as organizations are looking to get to the market faster, improve cost efficiency and stay competitive; whilst a more rapid adoption of a smarter business appears to be one of the biggest hurdles. Despite this challenge, it must also be seen as the opportunity to revolutionise.
So, can slow cloud adoption hinder a banking evolution? What is the future of digital transformation within financial institutions and how can this be accelerated? How can we really use technology to enable critical changes that provide our organisations with an edge?
Join a select group of senior thought-leading peers to understand what challenges banking will experience in 2021, thoughts on how to build smarter businesses with data analytics and opinions on how cloud can address changing compliance and regulatory landscapes.