Digital Transformation: In Search of a New Banking Model

Create a vendor selection project
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
We are waiting for the vendor to publish their solution profile. Contact us or request the RFX.
Projects allow you to export Registered Vendor details and survey responses for analysis outside of Marsh CND. Please refer to the Marsh CND User Guide for detailed instructions.
Download Registered Vendor Survey responses as PDF
Contact vendor directly with specific questions (ie. pricing, capacity, etc)
29 September 2017

Key research questions

  • What is the essence of the challenges facing Japanese banks?
  • What does “digital” mean in banking?
  • What is the model for modern banking architecture?


It is imperative that banks perceive digital as an opportunity to undertake change, rethink their business and IT architecture, and embark on embracing modular design.

This report proposes the creation of a new banking model by digital transformation in the Japanese banking industry.

In considering core system modernization plans, the unique characteristics of Japan’s banking industry need to be understood. These include elements such as the one-sided core system mergers that have proliferated among city banks and the shared system approach that is common among regional banks. Digital has weighty implications and will exert a major impact going forward. Indeed, digital will trump economic environment-related factors — such as the four key areas of demographic changes, disposable income changes, deterioration of the operating environment, and deregulation — in the jarring shock it portends for banks’ business models and the IT architecture that underpins it.