Banking Functionality Doesn’t Differentiate Banking Software Anymore, But Technology And Ecosystems Do
Functionality in retail and corporate banking is not highly differentiating anymore. In the future, only those that can support partner solutions in their ecosystem seamlessly can fully cope with banking industry’s expanding requirements.
To implement change in large and complex organizations, you need to know how the organization functions. “Are you sure that if you remove a service on one side of the organization, you won’t stop a customer process elsewhere?” asks Peter Matthijssen of Bizzdesign. You need a roadmap called enterprise architecture. “This is an essential tool…
Organizations need to have the ability to adapt to change continuously. The office of the CIO is typically tasked to execute transformational change initiatives, which is often complex because today’s large organizations have thousands of employees, processes and IT systems. An essential driver for the CIO to execute change is for the enterprise to move…