Shaping the financial services of the future
Many financial services firms still struggle with making a digital transformation. Legacy systems, processes, and relationships make innovation extremely difficult, even as new technology ramps up clients’ expectations and attracts new competitors.
Optimizing the benefits of technology in a cost-efficient manner could mean re-evaluating on and off-premise infrastructure investments, making changes in staffing and skills training, engaging more deeply in line of business, encouraging more Chief Digital Officer/Chief Marketing Officer collaboration, and up the commitment to ITaaS delivery.
- Which IT developments are financial service firms investing in the most?
- Which functions will be replaced by fully digital cores?
- Preparing data for machine learning means storing, organizing, and curating data. How much of a priority is this data-labeling task?