Navigating through Uncertain Times with Deeper Modernisation
Businesses worldwide are navigating in a sea of uncertainty, against the headwinds of high inflation, high costs, skills shortages and growing security threats. Established financial institutions, which sit at the epicentre of this economic turbulence, are also dealing with growing pressure on revenues, intensifying competition from digital rivals, rising expectations from consumers for hyper-personalised services, as well as requirements around sustainability progress. Yet, there is also a huge opportunity available to banks to steer through these choppy waters and reach more fertile ground – if they can achieve a deeper level of technological modernisation. Banks that invest in this now stand a greater chance of emerging on the other side with competitive advantages like an expanded ecosystem and accelerated partnerships with fintechs, strengthened cyber-security defences, and meaningful progress on sustainability goals. In this session we’ll discuss and share some of the strategies to deliver this deeper level of modernization.