For Enterprise Architecture Professionals (Length: 16 pages)

August 20, 2008

Financial Services Of The Future: Collaborative Competition Will Be The Norm

This is the first document in the "Banking IT In 2023" series.

by Jost Hoppermann

with Gene Leganza, Mimi An, Kahini Ranade


Executive Summary (This is a document excerpt)

An increasing number of banks are working on long-term business and IT visions of the future, realigning IT strategies on a continual basis. To help enterprise architects better understand the business and IT environment of the future, Forrester surveyed key vendors in the banking space and interviewed banking executives from five continents to get their take on banking's — and banking IT's — future. The net outcome they expect for their businesses? More fluid organizations, changing core competencies, and more specialization, as well as collaborative competition on regional and global levels.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemBanks Use Long-Term IT Vision To Validate IT Strategy

itemKey Drivers And Developments Affect Global And Regional Banking

itemThe Future Shape Of The Industry

WHAT IT MEANS

itemCompetitive Collaboration Will Become The Norm

itemSupplemental Material

Forrester surveyed BT, Fidelity National Information Services, HP, IBM, Infosys Technologies, Microsoft, Misys, Oracle, SAP, Sun Microsystems, Tata Consultancy Services, and TEMENOS. We also interviewed a large number of banks in four world regions

Related Research Documents

itemSemantic Business Services Specifications Support Business Agility

March 13, 2008

itemThe State Of Industrialization In Financial Services

April 7, 2006

itemThe Next-Generation Banking Platform

March 31, 2006

Find Documents In Related Categories

This document falls under the following categories. Click on a link below to find similar documents.

Analyst: Jost Hoppermann
Technology: Enterprise Architecture, Enterprise Architecture Domains, IT Adoption, IT Spending & Budgeting
Industry: Consumer Financial Services, Consumer Industries, Financial Services, Financial Services Business Process Management & Improvement, Financial Services Customer Experience, Financial Services Customer Relationship Management, Financial Services Regulations, Financial Services Technologies, Retail Banking, Retail Payments
Geography: Global

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