Digital Transformation

Celent will help qualify your requirements and introduce you to the vendor
Spotted a missing vendor? Use this form to alert a vendor to the Celent service
Create a vendor selection project & run comparison reports
Register to access this feature
Click to express your interest in this report
Indication of coverage against your requirements
Vendor requires PRO subscription to activate this feature
Requires research subscription, contact Celent for more info
14 January 2018
Eiichiro Yanagawa

In Search of a New Banking Model

Celent suggests that Asian banking industry regard a digitalization plan as an opportunity — a means to make a digital impact and orchestrate change in a newly evolving industry. Celent recommends viewing this as a chance to reconsider business and IT architecture as well as a way to tackle module design. Digital has wrought tectonic change in financial services on the demand side (consumers) and has generated a tsunami of change affecting financial services on the supply side (financial institutions). It is imperative to recognize and accurately understand the resulting impact and to search for new business models and IT sourcing that can enable it. Will piecemeal, stopgap solutions see you through? Or will you take bold steps to try to fundamentally overhaul and improve your organization with an eye to achieving greater success? Celent, of course, recommends the latter.

sign in or register to read more

Insight details

Content Type
Innovation & Emerging Technology