Financial Fast-Forward: Defining A Best Practice Bank

Radiocasts | November 5, 2014 by Bonnie D. Graham

The buzz: Banks and Technology.

Since the financial crisis, banks have been working harder than ever to rebuild customer trust and improve relationships. Some are already offering interactive online communications to meet consumer demand.

A survey from SAP and analyst firm Ovum finds many banks now seeking to leverage cloud technology to develop products faster, simplify operations, quickly enter new markets, and ultimately be more agile and customer-centric. Are they succeeding?

The experts speak.

Riva Richmond, EIU: “Things may come to those who wait, but only the things left by those who hustle.” (Abraham Lincoln)

Daniel Mayo, Ovum: “SaaS, in enabling rapid change for incumbent banks and levelling the playing field for smaller banks and new entrants, is poised to transform the industry. The only question is when we will reach this point.”

Falk Rieker, SAP: “Adapt or die! Banking is undergoing a massive, rapid transformation that is technology-led and enabled.”

Join us for Financial Fast-Forward: Defining A Best Practice Bank.

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