BLOGS

INSIGHTS

BLOGS

Filter By:
E.g., 2024-03-28
E.g., 2024-03-28
October 12, 2022
On September 8th, Aite-Novarica Group hosted our fourth quarterly Financial Services CIO/CTO Advisory Research Council meeting. A select group of CIOs, CTOs, and heads of architecture at banks and financial institutions (FIs) gathered to discuss challenges and share successes and insights from their digital transformation initiatives. Below are some key insights from the discussion. Digital...
Read Full Post
October 4, 2022
In my blog on executing a digital strategy, I wrote, "the most important strategic objective for financial institution (FI) IT leaders today is leading initiatives that facilitate business transformation through digitalization of services and customer experiences." The emergence of new crypto-related products and services alongside traditional financial products and services has made it...
Read Full Post
September 1, 2022
The most important strategic objective for financial institution (FI) IT leaders today is leading initiatives that facilitate business transformation through digitalization of services and customer experiences. As I state in my latest report, CIO/CTO Checklist: Best Practices for a Digital Strategy, "CIOs need to facilitate and support business transformation efforts to ensure effective digital...
Read Full Post
August 9, 2022
Traditional banks are continuing to advance digital transformation initiatives to compete with fintech companies, neobanks, and digital banks. Open banking is integral to supporting the data-sharing ecosystem that enables delivering on digital banking’s promise to meet customers' expectations for a 24/7, on-demand, and seamless experience. Leveraging application programming interface (API)...
Read Full Post
July 28, 2022
Across industries, organizations were already facing a shortage of highly skilled IT talent—and fierce competition for a limited pool of available candidates. The Great Resignation has only intensified this significant IT talent gap, prompting banking and other financial services (FS) organizations to dramatically rethink their approach to hiring and retention. One of my recent blogs addressed...
Read Full Post
July 21, 2022
The Great Resignation—a phenomenon in which an unprecedented number of employees worldwide quit their jobs over the past few years—has ushered in novel ways of thinking about workplace culture. Employees are prioritizing a better work-life balance, remote and hybrid options, and higher pay. Many companies have sought to adapt to these shifting expectations, but a talent gap—or labor shortage—...
Read Full Post
July 14, 2022
Geopolitical factors have always affected financial institutions due to their influence on regulations, but recent months and years have had an unprecedented impact on the industry. Technology executives in financial services institutions must stay on top of current and future events to ensure their digital initiatives will be able to weather new developments in the talent market and...
Read Full Post
July 12, 2022
Digitalization continues to rapidly reshape banking and financial services (FS) business models. To help their organizations survive and thrive in this fast-moving digital era, CIOs and CTOs need to develop a strategy that enables business transformation by focusing on the customer.  As the financial industry continues to increase its spending on digital transformation and the...
Read Full Post
June 14, 2022
Customer expectations for a modern, seamless digital banking and financial services (FS) experience continue to heighten. CIOs and CTOs are leading the transformation of their organizations’ technology ecosystems in critical functions like analytics, cloud, and information security to deliver the IT capabilities required to meet customer expectations. In this era of digitalization, an...
Read Full Post
June 3, 2022
On May 24, Aite-Novarica Group hosted our third quarterly Financial Services CIO/CTO Advisory Research Council meeting. 18 CIOs, CTOs, and heads of architecture at banks and financial institutions attended the meeting, which centered on data strategy priorities and initiatives. Data strategy is a crucial component of banking and financial services IT leaders’ top priorities for 2022. Our Q2...
Read Full Post

HOW CAN WE HELP?

If you have a question specific to your industry, speak with our experts.  Call us today to learn about the benefits of becoming a client.

Receive email updates relevant to you. Subscribe to entire practices or to selected topics within practices.