FS CTOs/ HEADS OF ARCHITECTURE

EXECUTIVE PARTNER SERVICES

FS CTOs/ HEADS OF ARCHITECTURE

We are bringing together a select group of highly experienced leaders on October 25 for a two-hour session as Charter Advisors of our new Executive Partner Service (EPS) designed specifically for Heads of Enterprise Architecture and CTOs in financial services organizations. For more information on how to become a Charter Advisor, please reach out to Mitch Wein.

Your Bridge to Executive-level Guidance that Increases the Business Impact of Enterprise Architecture

Learn the Seven Focus Areas Your EA Plan Should Address to Enable Innovation and Keep Regulators Happy >>  Get Your Free CIO Checklist Brief

Mitch Wein

Head of Financial Services Executive Partner Service

Areas of Expertise: Banking, International IT Leadership and Transformation, IT Strategy and Architecture, Life/Annuities/Benefits, Property/Casualty, Wealth Management
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Executive Partner Services provides one key executive and their team with:

  • Direct consultations with our executive partner team on demand, for you and your team, any time, on any topic or issue.
  • An annual virtual workshop session for your team on general trends and best practices in your key product lines, or a deep dive on a specific strategic issue.
  • Facilitated 1-on-1 conversations with other senior executives in our Research Council network
  • On-demand “snap polls” of our network on topics of interest.
  • Access to our knowledgebase of published information, including special best practices and benchmarking reports only available to Executive Partner Service clients

For more information on FS CTOs/Heads of Architecture Executive Partner Service, please download this fact sheet.

LATEST BLOG POST

October 7, 2021

Enterprise Architecture: Partnering to Drive Digital Transformation

Enterprise architecture (EA) is no longer an overhead function that primarily governs technical architecture; it is shifting to a strategic enablement function for business transformation. Digitalization of the banking, financial services, and insurance industry is transforming back-end processes and customer service delivery. In addition, accelerating digital transformation in all parts of the business has become more urgent due to changes necessitated by the COVID-19 pandemic such as remote working, automated processes, and mobile transactions.

As emerging technologies continue to disrupt traditional business models, it’s imperative for financial services (FS) organizations to make the right technology investments to achieve their strategic business objectives. The good news is that EA can demonstrate leadership by enabling IT groups and business leaders to realize the full value of digital transformation initiatives and, in this climate of continuous disruption, EA leaders recognize the need to shift how the function supports business outcomes.

This post examines how the EA function is evolving into a strategic business partner focused on designing practices that enable adoption of emerging technologies for digital innovation and delivering consultative guidance on those practices. Given the quickening pace of digitalization, Agile is increasingly being used in financial services and, in turn, influencing EA’s shifting role.  READ FULL POST>>

September 27, 2021

Enterprise Architecture: Focus Areas to Drive Innovation and Satisfy Regulations

Could it get even harder to create an Enterprise Architecture (EA) Function plan that supports Financial Services organizations in delivering on business objectives? It’s not enough for Heads of Architecture or CTOs to create plans defining policies to govern how their organizations adopt technologies; architecture function plans must enable agile approaches to leveraging technologies for innovation while aligning to the Federal Deposit Insurance Corporation’s (FDIC) new regulation guidelines.

The latest Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook released on June 30, 2021, sets regulatory guidelines and expectations on the integration of EA with DevOps (i.e., IT Operations and Software Development). As a result, your EA Function’s plan must both align architecture policies and practices with the new FDIC guidelines and address the shift in how EA creates business value.

This post explains the seven focus areas of a strategic EA Function plan that Banking and Financial Services organizations should develop to guide deployment of the latest technologies for achieving strategic objectives and keep regulators happy. To understand how these focus areas are essential for strategic planning, it’s first helpful to consider how new FDIC regulations acknowledge the changing role of EA.   READ FULL POST >>

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