Digital transformation, investment in technology and fear of competition from start-ups are challenges that are highly placed on executive plans in the financial services industry. We’ve seen tremendous advances in technology – from smartphone integration to cloud computing. The regulatory framework on which the industry is based is also constantly changing – these are just a few of the MiFID, GDPR and PSD2. With the emergence of new global challenges, this has a huge impact on the way financial services firms conduct their business and acquire and retain customers.
What else is included in the report?
In this report, Atech Chief Technology Officer Ryan Langley answers questions about the impact of cloud computing on digital transformation and how digital transformation in financial services differs from other sectors. Through case studies from Octopus Investments and Bravo Investments, we show you how to build successful partnerships to gain a competitive advantage. This report later explains what the best practices for digital transformation in the financial services industry look like and what the most important challenges are. It describes how companies can ensure that their technology infrastructure, skills and plans are aligned not only with the challenges and opportunities that arise now, but also in the future.