Banks: Is Your Digital Transformation Set Up To Fail?

4 Aug 2017

by Nick Cheetham

Is your Digital Transformation unwittingly being set up to fail?

If you’ve found yourself – as many banks have – in #TransformationGridlock, then read on. Huge transformation programmes move at a pace slower than snails and as a result, the need for a new bank operating model is becoming apparent in banking. While banks are adopting new thinking, it is clear that they need a lot of help. Help to transform little-by-little and be relevant right now in the digital era.

The Holy Grail of Cloud Native Banking Platforms

Banks are finding that transformation is a necessity. Evolving market conditions and changing customer demands have made it so. Technology will underpin banks’ ability to keep up with the pace of change. While improvements in ways of working can always be made, most acknowledge that their traditional systems don’t make change easy and are therefore creating ‘cloud-native’ platforms to compete on a level playing field with new, less encumbered, ‘digital-first’ market entrants. But this is taking several years, costing hundreds of millions of pounds and yielding little in terms of new products and services for customers.

Why Start From Scratch?

There is no need for banks to start from scratch. Transformation can be much quicker and more successful in partnership with a proven solution provider. FINkit is a developer toolkit with build-and-run environments. It enables banks to run many more change cycles at lower cost. A typical example delivered over a 90% reduction in cost-per-release-per-user, while supporting a 10-fold increase in customer releases per year.

Follow the link below and download the information that will STOP your #TransformationGridlock in its tracks and put you firmly on the happy path.


Don’t stand for any more Transformation Gridlock. Download the Whitepaper now by clicking here.


 


Back to listing

For more information get in touch

+44 (0) 20 3657 0900
info@finkit.com

Drop us a line to experience more on FINkit:

Wondering what 2018 may have in store across #AI, #fintech & retail #banking or just interested in some collated pe… twitter.com/i/web/status/9… Retweeted by FINkit® is Fiserv
A great episode, can't wait for the next one @AnouskaStreets ;) twitter.com/Breakingbanks1… Retweeted by FINkit® is Fiserv
Anna Bennett, Head of Partners at FINkit, comments on the gender diversity in the FinTech sector instagram.com/p/Bc9YV4Fn3Mq/ via @WomenOfFintech
@finkit might have something to help with that 🤔🤓😎😉 #gdpr #regtech City A.M.: Data is only half the GDPR story, w… twitter.com/i/web/status/9… Retweeted by FINkit® is Fiserv
@AnnaB_Tech Head of Partners at @finkit , comments on the gender diversity in the FinTech sector:… twitter.com/i/web/status/9… Retweeted by FINkit® is Fiserv
Today on Breaking Banks, we're replaying one of our fav #podcast episodes of the year on The Importance of Gender P… twitter.com/i/web/status/9… Retweeted by FINkit® is Fiserv
Great points from @afsteadman on the opportunities that can come from Open Banking and PSD2 twitter.com/finkit/status/… Retweeted by FINkit® is Fiserv
It's really important that financial services provide customers with the tools and information they need to use the… twitter.com/i/web/status/9… Retweeted by FINkit® is Fiserv
Listen again, @Finextra webinar 'Winning the battle for the customer in the age of digitisation', featuring @Fiservtwitter.com/i/web/status/9…
Take a look #Women in #FinTech Powerlist 2017 Launched by @InnFin digit.fyi/women-in-finte… #womenintechtwitter.com/i/web/status/9… Retweeted by FINkit® is Fiserv
We've been focussing on these concepts for years, now, at @finkit nordicapis.com/what-it-means-… Retweeted by FINkit® is Fiserv
Congratulations @jeffyabuki, named a @MKEBizJournal Top 100 PowerBroker making a difference in Wisconsin. #FISVProud pic.twitter.com/G7dIbPsQ8j Retweeted by FINkit® is Fiserv
Winning the battle for the customer in the age of digitization, in case you missed it : finextra.com/featurearticle… Retweeted by FINkit® is Fiserv
On-demand Webinar: Winning the battle for the customer in the age of digitisation finextra.com/featurearticle… #FISVProud @Fiserv @afsteadman Retweeted by FINkit® is Fiserv
Security issues aren't solved by keeping data in ivory towers; it’s not the consumer-led world we're in. Instead of… twitter.com/i/web/status/9… Retweeted by FINkit® is Fiserv
Absolutely awesome work @FinTechInsiders - picture (and handwriting) borrowed from @davidbrear We’re available fo… twitter.com/i/web/status/9… Retweeted by FINkit® is Fiserv
Catch up on this week's news show when @SarahKocianski took the reins in the absence of @davidbrear, @JasonBates an… twitter.com/i/web/status/9… Retweeted by FINkit® is Fiserv
Excellent episode and great listening to an all-female cast, which sadly is a rarity in the podcast world,… twitter.com/i/web/status/9… Retweeted by FINkit® is Fiserv
The assurance of total data security for Open Banking solutions has never been more necessary, with Uber giving con… twitter.com/i/web/status/9… Retweeted by FINkit® is Fiserv
How do your customers want to pay? Seven considerations for efficient, lower-cost payment acceptance.… twitter.com/i/web/status/9… Retweeted by FINkit® is Fiserv