Radical transformation in financial services: Creating tomorrow’s financial institution through new business models

Financial institutions should consider rapidly transforming business models in ways that are cognitive and digital. These transformations should include:

Developing alternative revenue sources (using marketplace banking strategies and cognitive technologies)

Streamlining costs by:

  • Advancing digitization initiatives optimized across the enterprise
  • Creating an efficient, flexible IT infrastructure based on micro-services and open APIs
  • Using cloud models to streamline costs and enable scalable growth

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Resource Details

IBM logo
Provided by:
IBM
Topic:
Banking
Format:
HTML