Digital transformation is not a matter of choice for banks and wealth managers. It is imperative for market survival. Clients’ expectations about what a bank should offer and how it should deliver it have been reshaped by their experience of fast, frictionless online retailing and their easy familiarity with today’s consumer technologies.
The new era of open banking is giving your clients more options than ever when it comes to choosing what services to use and who to trust with their most intimate financial relationships. But the use of cloud infrastructure levels the playing field, giving every class and size of financial services provider the opportunity to offer new services, enter new markets and scale up rapidly without the need for major capital investment.
The competition is fierce, and there’s no time to lose. So it’s important to know that, thanks to SaaS, your digital revolution can be achieved almost overnight. Many of the banks and wealth managers we work with have successfully completed the process of core digital transformation in just three months.