REPORT
    Transforming Digital Banking at Fifth Third Bank with AWS
    A Celent Case Study
    25th November 2024

    Celent analyzes a digital transformation.

    Fifth Third Bank adopted an agile mindset and modernized its internal architecture, positioning the bank to innovate rapidly and setting up a significant competitive advantage. Key components of modernization include the adoption of cloud technology from Amazon Web Services (AWS), shifting software development efforts toward microservices delivery, and a restructuring of the product organization. The bank then leveraged the new architecture to accelerate its digital banking roadmap, including the in-house development of a new consumer mobile banking app and an innovative new messaging capability called Jeanie, now centerpieces of Fifth Third’s digital customer engagement strategy.

    Authors
    Michael Bernard
    Michael Bernard
    Senior Analyst
    Colin Kerr
    Colin Kerr
    Head of Banking and Payments