Reassessing digital transformation

In an age of digital disruption, there is intense pressure on financial services organisations to transform their enterprises if they want to compete. Evolving regulatory requirements, rapidly advancing technology capabilities, and increasing customer demands are pushing firms to reassess and improve their operations. 

However, a complete overhaul of old systems demands more than just a few technologies. Many organisations are struggling to truly transform, especially in the financial services industry compared to other sectors. Real transformation will require strategic commitment from IT decision makers. 

This whitepaper highlights the challenges and progress of digital transformation within the financial services sector and reports on key cultural characteristics that each business needs to successfully transform.