Digital transformation in banking
Accelerate your journey to cloud and embrace a digital transformation in banking by modernizing core systems, applications, processes and ecosystems.
Accelerate your journey to cloud and embrace a digital transformation in banking by modernizing core systems, applications, processes and ecosystems.
The current coronavirus pandemic has highlighted the need for financial institutions to accelerate their digital transformations in banking. But to keep up with changing times and stay ahead of potential future disruptions, the banking industry needs to adjust business models for both front-facing and back office operations. Adopting the latest technologies, including blockchain, cloud computing and IoT, is at the foundation of true digital banking and a full transformation.
At the heart of any transformation strategy is the consumer. With interest rates near 0%, banking fees decreasing dramatically, and customer expectations expanding, financial institutions need to optimize their big data to automate business processes and reduce costs. By modernizing their applications with artificial intelligence, cloud technology and automation, banks can rapidly develop omnichannel products, services and functionality. This helps improve the user experience and deepen trust and loyalty. IBM can guide you through a successful digital transformation.
DBS Bank
How to make banking services “invisible” with digital technologies for a seamless customer journey.
Isbank Turkey
Isbank migrated servers, apps and operational data to a digital platform without disruption to critical services.
A digital transformation in banking unlocks the speed and innovation of the cloud from anywhere while addressing regulatory compliance, security and resiliency requirements.
Modernizing applications helps make the banking sector agile especially for core systems, with faster speed to market, security and resiliency.
Banks that implement a well-rounded digital transformation strategy create intelligent workflows that utilize AI and data to enhance both employee and customer experiences.
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Discover the IBM solutions to help kick start your digital transformation in banking. Speak with an IBM representative today.