Business upheaval forces rethinking of technology and processes
In this climate of rapid global change, banks who cling to the conventional wisdom that customer service, operational excellence, and compliance are separate functions will lose, while the leaders will become digitally efficient, using interconnected, real-time data to inform their strategies. They will let go of yesterday’s practices of simply digitising analogue processes and gain transformative insight to change technology into digital agility.
This whitepaper explores some of the recent expert commentary on the COVID-19 crisis in the Financial Services industry and recommends a new path forward to ensure survival during this dynamic time.