Ready Your Bank For Its Move From Legacy IT To Business Technology

Financial services companies around the world are changing the way they serve and interact with their customers. Without this change, banks and other financial services firms will be unable to increase their top-line growth or remain competitive for any prolonged period of time. In changing their company's application landscape, application development and delivery (AD&D) teams play an important role in this transformation. The overarching goal? To move from traditional information technology (IT) to business technology (BT) that focuses on the technology, systems, and processes to win, serve, and retain customers. However, a plethora of failed transformation initiatives show that this kind of change can involve significant risk. This report describes six major steps that will help AD&D teams prepare for this business-critical transformation journey.