Trends Report

Banks Need To Prepare For Banking Application Ecosystems

Forward-Looking Banks Plan To Assemble Their Banking Applications

February 19th, 2019
Jost Hoppermann, null
Jost Hoppermann
With contributors:
Benjamin Ensor , Luis Deya , Andrew Reese

Summary

Very few banks and technology leaders disagree that banks need complete digital transformation. Leading banks are moving to advanced digital target state architectures without creating new legacy. Banks need a future-proof architecture, including business capabilities delivered by third parties, that can support the changing financial services industry. This report offers architectural approaches that allow application development and delivery (AD&D) leaders to better prepare for open, customer-oriented, agile banking business models.

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