Who should Design the Private Banking Front Office? The question is not whether private banks will outsource their back office but when. The back office carries no differentiating potential but puts a constant pressure on the bank to reduce IT and operations costs. View full article
Large Private Banks need to revamp their IT For large private banks, the shift toward digital banking creates a special challenge. Typically, large banks have a substantial IT department that manages an array of proprietary banking applications. This department can be an asset because it offers IT skills in-house, and it can be a liability because its organization may not be fit for digital banking. View full article