Core Banking

Why Banks Must Embrace the Cloud or Risk Being Left Behind

October 6, 2022

Why Banks Must Embrace the Cloud or Risk Being Left Behind
Over the last several years, the cloud computing industry has experienced incredible growth. Between 2018 and 2019 alone, the public cloud services market expanded by 17.5% to $214.3 billion, according to Gartner Research, and hit $331 billion by 2023. While cyber security is always a concern for people, most companies and consumers have become comfortable with storing information on third-party servers and accessing programs online.

Spotlight

PKF Littlejohn

PKF Littlejohn is an independent firm of chartered accountants and business advisers based in London’s Canary Wharf. We are one of the largest single office practices in the UK and provide a full range of audit, accountancy, tax and advisory services to a broad range of clients. Our specialists help clients overcome the challenges they face through a comprehensive commercial and technical understanding of their businesses and a high level of partner involvement.

OTHER WHITEPAPERS
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iGTB whitepaper Banking as a Service

whitePaper | October 26, 2022

BaaS is reshaping how banks are looking at distributing their products and services. In the simplest fashion, it can be understood as the partnership model between banks and non-bank businesses and/or fintechs where the latter embeds the financial service into its core offering.

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CORPORATE BANKING MARKET SCAPE – BEYOND 2020

whitePaper | February 10, 2020

With corporate treasurers already adopting open banking in a strategic move to create further value in their organizations, it is now time for financial institutions (FIs) to both align their future product and servicing roadmaps to those of their clients, as well as begin to embrace the opportunities that present themselves in the open digital ecosystem.

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Key considerations when building a digital bank

whitePaper | February 1, 2023

Digitization is more than just using digital technologies. As technology and customer expectations evolved, banks squeezed new systems into their existing infrastructures. The result was a complex set of barely connected systems. To make matters worse, many banks’ IT landscapes have become fragile, inflexible, and expensive to operate. If the use of digital technologies doesn’t make a bank TRULY DIGITAL, what does? There are several steps that must be considered before choosing the right tools to build the solution you need to create your banks’ digital future. Download this white paper to learn more.

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The Gap in Financial Services and Customer Service Innovation

whitePaper | October 26, 2022

They claim that financial services institutions (FSIs) fall short in several areas, including anticipating needs, prioritizing financial wellness, and enabling customers to control their data.

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Capitalising on volatility in the motor finance market

whitePaper | July 8, 2022

The motor industry is facing a perfect storm of difficulties: lower consumer spending power; drivers rethinking how they use their cars and even whether they need a car at all; an increase of available data; the growing popularity of diverse fuel options – all of this has created greater volatility within the market.

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Real-Time Risk Management for Banking

whitePaper | February 21, 2020

Does a “regular” bank that does not deal in complex instruments still need real-time risk management? To date, banks have generally accepted having risk analyses available one or two days after the fact. And for years, they have made ends meet with this delayed risk insight. So why invest in something new? Why rock the boat?

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Spotlight

PKF Littlejohn

PKF Littlejohn is an independent firm of chartered accountants and business advisers based in London’s Canary Wharf. We are one of the largest single office practices in the UK and provide a full range of audit, accountancy, tax and advisory services to a broad range of clients. Our specialists help clients overcome the challenges they face through a comprehensive commercial and technical understanding of their businesses and a high level of partner involvement.

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