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Detours on the Road to Digital Banking
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D. Henschen
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D. Henschen,
User Rank: Apprentice
7/9/2014 | 9:53:05 AM
Digitization should bring simplification, not more complexity
Be concerned if your digitization scheme amounts to adding more complexity to layers of legacy systems. The point here that agility is a big part of what it means to be a digital enterprise. Systems consolidation and agile development approaches should be at least part of the plan.
KBurger
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KBurger,
User Rank: Author
7/9/2014 | 9:32:31 AM
Re: Detours on the Road to Digital Banking
Agreed, and this reality underscores that a big data/analytics strategy cannot be viewed as a discrete project, it is the foundation of just about everything banks aim to do around omnichannel, cross-selling, compliance, etc. -- and at the same time, digital banking requires more than improving your mobile app.
Byurcan
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Byurcan,
User Rank: Author
7/9/2014 | 9:14:28 AM
Detours on the Road to Digital Banking
As digital becomes an even bigger part of banking, investing in data and analytcis, both tools and personnel, is a key.
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