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Forrester’s 2021 Financial Services Architecture Survey Needs Your Input

Forrester IT

Banks and other financial services firms always ask: “What are the others doing?” They leverage the answer to this question to assess their overall strategic position, compare their key challenges with those of others, and plan for the transformation of their application landscape to a more powerful customer-centric approach.

Financial 370
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Why CIOs must lead the charge on ESG – and why enterprise architecture is the key

CIO Business Intelligence

In an era marked by heightened environmental, social and governance (ESG) scrutiny and rapid artificial intelligence (AI) adoption, the integration of actionable sustainable principles in enterprise architecture (EA) is indispensable. For those working within or alongside EA, these concepts are well-established pillars of the discipline.

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How an architecture-led transformation puts the customer first

CIO Business Intelligence

At Discover® Financial Services, our customers and their trust are key drivers of our technological decisions. With this in mind, we embarked on a digital transformation that enables us to better meet customer needs now and in the future by adopting a lightweight, microservices architecture.

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Strategize, modernize, and lead: Transform your business with application portfolio modernization

CIO Business Intelligence

The imperative for APMR According to IDC’s Future Enterprise Resiliency and Spending Survey, Wave 1 (January 2024), 23% of organizations are shifting budgets toward GenAI projects, potentially overlooking the crucial role of application portfolio modernization and rationalization (APMR). Employ AI and ML to assist in processes.

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Principal Financial unifies IT to lay foundation for growth

CIO Business Intelligence

That’s where EVP and CIO Kathy Kay found herself in coming to Principal Financial Group from PG&E in May 2020 with a desire to lead an aggressive plan to adopt digital technologies, ranging from the cloud to AI. Digital Transformation, Financial Services Industry

Financial 124
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Lean Isn’t Always Lean: There Are Lean Cores And Lean Cores In Banking

Forrester IT

A few days ago, I discussed application architecture in banking with a banking software vendor. Starting from there, we had a look at that vendor’s core banking solutions and further back-end systems such as trade finance. The vendor quickly suggested that its solutions align with Forrester’s concept of a lean core.

Banking 482
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Accelerating innovation with cloud-native apps on Microsoft Cloud

CIO Business Intelligence

The financial services sector is undergoing rapid change as fintechs develop convenient, consumer-focused services that were once the province of traditional banks. What are the greatest challenges that financial services firms face with their digital transformation initiatives?

Cloud 136