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Financial services consulting
Modernize core banking and payments and build resilient digital foundations that endure disruption
2025 Global Outlook for Banking and Financial Markets
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The banking industry is being flipped upside down

Financial institutions that used to compete based on back-office efficiencies are now competing based on front-office customer experiences. IBM Financial Services Consulting helps clients respond rather than react to this inversion of the traditional financial services industry business model.

Our expertise in modernizing digital core systems for banking has helped our clients realize cost-to-income (C/I) ratio improvements greater than 14% and total cost of operations (TCO) savings averaging 20-30%. IBM Consulting’s deep industry and technology expertise generates outcomes critical for healthy financial performance focused on three core client imperatives: growth, efficiency and compliance.

Essential to the modernization of financial services companies, our world-class IBM Payments Center provides end-to-end payment solutions to enable the agility, security and scalability needed in an ever-growing, partner-centric payment ecosystem.

Estimate your benefits

Deliver customer service for your financial institution that drives productivity and growth with IBM watsonx assistant.

Reimagine how you work with AI for business Visit IBM Consulting AI services Put AI to work for banking app modernization
Benefits 40%

acceleration in time to value of data-driven hybrid cloud applications¹

90%

of customer requests addressed by leading bank’s virtual agent and conversational AI platform

20%

increase in net promoter score with new digital mortgage support tool and improved customer experience³

Capabilities Core banking

Accelerate your journey to cloud and embrace digital transformation and sustainability in banking by modernizing core systems, applications, processes and ecosystems.

Explore accelerating your strategy
Payments

IBM Payments Center™ (IPC) delivers the latest cognitive and AI technologies to help global businesses drive efficiency and value in payments services. Whether you are in the asset management sector, wealth management sector, financial planning domain or engaged in investment banking, our ISO 20022 expertise can help you gain new insights from better data.

Explore our payments services
Cloud banking

Enhance customer experiences, create new revenue streams and protect your business from cybersecurity threats. The IBM Cloud for Financial Services accelerates the most transformative capabilities of cloud banking while ensuring security and compliance.

Explore cloud banking
2025 Global Outlook for Banking
Elevate banking performance in the age of AI What banks will win and lose in the age of AI? Learn the data and strategies needed to create long-term success in a global marketplace. Read the full report Engage with the expert: Shanker Ramamurthy, Global Managing Partner, Banking and Financial Markets
Case studies
SBI rethinks banking

With 60% of India’s population comprised of thirty-five years old and younger, State Bank of India partnered with IBM Consulting to reimagine how to deliver financial services and more in order to build relationships with this important customer group.

PNC reimagines retail banking’s future

PNC needed a flexible and agile approach to win new customers, partnering with IBM to reimagine the ways their people, processes and technology deliver differentiated experiences and products that put customers in financial control.

CaixaBank’s CloudNow project

Spain’s CaixaBank aims to evolve core applications, improve efficiencies and reinforce its innovative vision of financial services. “IBM has become an indispensable partner in the development of CaixaBank's digital capabilities,” says its CEO.

Insights

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Advice from 2,000 banking CIOs and CTOs

Based on thousands of interviews with banking industry leaders, new research uncovers a core set of practices to accelerate digital transformation.

Put AI to work in finance for financial services

Learn how CFOs within the financial services industry can get the most from gen AI, including how to prepare,where to apply it and what they need to make it a valuable addition.

Advantages of new payments standards

The connection of new standards with legacy platforms offers a golden opportunity to enhance how payments operate.

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Use IBM Consulting and SunTec’s suite of products to process customer and transaction data in real-time for quick operational decisions.

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FIS + IBM

In partnership with FIS, payments transformation gets more secure to increase customer trust thanks to fraud fighting AI.

SAP Connector

Direct, high-performance data transfer — around 20,000 records per second — from all current SAP systems, including S/4HANA, Business Warehouse, and ECC. It is compatible with all ODATA SAP sources.

IBM Cognos Analytics

Combine robust planning features with advanced reporting and visualization tools for real-time insights.

IBM Controller

Support the close, consolidation and reporting process. Enable finance teams to automate and accelerate the financial close with minimal IT support.

Industries

Explore more our top industries pages to see all related solutions

Energy Federal Government Retail Healthcare Telecommunications
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