Despite being leaders in digital transformation, financial institutions continue to be disrupted by digitally-native Fintech companies and face challenges from cyber concerns, stringent regulations, and ongoing risk management. This puts increased pressure on financial institutions to escalate their transformation efforts.
EXL partnered with Harvard Business Review Analytics Services to perform a deep dive into the finance industry’s current drivers for transformation, common reasons for transformation failure, and the largest digital priorities in the industry.
Download the report to learn:
- The five biggest areas of disruption in the banking and financial services industry
- What’s separating digital leaders from laggards in financial services
- The biggest digital technologies implemented currently, and those companies are planning on implementing in the future
Digital transformation will continue to change the landscape of the banking and financial services industry. Find out strategies to adapt by reading EXL’s report.