Digital Engineering: Top Three Imperatives for Banks and Financial Services Companies

December 4, 2018

Struggling to grow market share amid increased fintech pressure, banking and financial services organizations need a blueprint for building modern digital capabilities from the get-go — while significantly reducing legacy technical debt and accelerating data center cost-cutting via cloud migration. Here are some practical strategies for achieving these goals, as well as a look at some financial services organizations achieving success.

Spotlight

NOW CFO

NOW CFO is a “roll-up our sleeves” full service consulting firm with a singular focus on outsourced CFO, Controller, accounting, and finance needs. Our employees are skilled professionals who fix the accounting and finance problems all companies face. Our staff of specialists brings our knowledge & expertise gained from years of experience in client service. Utilizing our team is a cost-effective way to add financial expertise to a business without the burden of hiring full-time employees.

OTHER WHITEPAPERS
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ODYSSEY WHITEPAPER

whitePaper | September 12, 2022

Moroku Odyssey is a user experience orchestration and engagement platform for financial services companies. As Fintech changes the industry, customer engagement through unique experiences is a critical battleground. Moroku Odyssey, helps banks and FinTechs provide unique and compelling experiences to attract and engage customers around a telos of wellness, architected around game.

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Payments in 2023 and Beyond Key trends for Asia Pacific

whitePaper | February 1, 2023

Towards the latter part of 2022, the world started making a recovery from the pandemic with many countries now opening their borders. With this re-opening, countries also facing global macroeconomic & geopolitical challenges. Higher inflation is driving central banks to take measures which will result in increase in interest rate margins and drive higher income for banks.

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Building a Better Banking Ecosystem with Modern Network Connectivity

whitePaper | August 4, 2022

The technology infrastructure most businesses rely on is rapidly transforming, with the cloud and AI-driven technologies becoming essential for companies to improve customer experience, optimize their operations, and address evolving regulatory requirements.

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Shaping the Future: Artificial Intelligence for Financial Services

whitePaper | November 11, 2022

The world is entering a golden age of artificial intelligence (AI). Financial services, more than almost any other industry, stands poised to reap the benefits. The combination of advanced compute resources, abundant data, and new software development and business practices are transforming how insight, analysis, and new products and services are generated.

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Embedded Finance The Future of the Economy

whitePaper | November 26, 2019

Financial services is the nervous system of our economy; a critical system that needs to operate efficiently and equitably for our society to function. The legacy 20th century business models in finance have become increasingly obsolete and most have not adapted to the fundamental paradigm shift—technological, institutional and societal—ushered in by our continuing transition from an Industrial Age to an emerging Information Age.

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Open Banking, Open Finance, Open Economy: THE NEW IDENTITY OF FINANCE

whitePaper | May 24, 2022

Trends in customer demand, technology, and regulation drive the development of an open financial ecosystem in which the consensual sharing of customer data among financial institutions (FIs) and businesses creates new value for consumers and business users. This Aite-Novarica Group report analyzes this trend and the evolution from open banking to open finance and to a truly open economy. The report is based on interviews with executives from banks and fintech firms in Europe and North America.

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Spotlight

NOW CFO

NOW CFO is a “roll-up our sleeves” full service consulting firm with a singular focus on outsourced CFO, Controller, accounting, and finance needs. Our employees are skilled professionals who fix the accounting and finance problems all companies face. Our staff of specialists brings our knowledge & expertise gained from years of experience in client service. Utilizing our team is a cost-effective way to add financial expertise to a business without the burden of hiring full-time employees.

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