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I’ve talked with many banking executives about how their business is changing and what they need to do to compete in this dynamic and turbulent marketplace. Maintaining trust with clients is core. The financial services sector had 65 percent more cybercrime attacks than average, based on an analysis of security incidents from 2016. In this digital age, customer expectations are incredibly high with respect to security and personalized services. These attacks can put trust at risk. Once that trust is gone and customer confidence is lost, the company’s future is in jeopardy.
Maintaining deep trust is just one element of the equation. The survival kit for today’s market requires that financial institutions also understand and cater to the empowered customer and find ways to innovate to higher profits.
Can any platform address all three of these areas? Yes. And its name is IBM Z.
92 of the world’s top 100 banks rely on the IBM mainframe because of its ability to efficiently process huge volumes of transactions. The worldwide financial services industry needs processes and transactions that cannot fail, and IBM Z is a preferred solution. Let’s open the aperture even further and get you to start thinking about the power of IBM Z as the banking platform for the future.
IBM Z also provides much more capability that can be enabled today to help banks quickly, incrementally and safely prepare to operate in cloud-based ecosystems, apply machine learning to data for deeper customer insights, and encrypt all of the data residing on Z – all while working to keep costs under control.
IBM Z is the banking platform for the future – and it’s available today! To learn more about how to leverage IBM Z for your business to thrive, read our new smart paper here.