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Accenture has studied how technology and business trends are converging—and what that means for banks. Read this report to learn about the technology waves that are shaping the banking landscape.
In an increasingly competitive market, technology can enable banks to act more efficiently, respond more effectively to market trends and create a competitive advantage. Accenture research identified seven key technology trends affecting businesses today.
In Accenture Banking Technology Vision, learn how those technology trends align with banking trends, and how banks can leverage technology to achieve high performance.
Download the full report [PDF, 6.85MB]
Read more Accenture Banking Research and Insights
In recent years, the banking landscape has become more complex and uncertain. For success in today’s market, banks must respond to:
By using technology strategically and effectively, banks can respond to these challenges. Accenture Banking Technology Vision provides insight into the major trends that will affect banks over the next three to five years, and recommends a course of action for banks to create a competitive advantage.
Accenture Banking Technology Vision identified seven major trends that will affect the banking landscape:
Moving forward, banks must develop technology capabilities that align with business objectives. In particular, they should focus on:
Creating a multi-channel strategy that allows them to offer cost-effective service that also drives growth.
Enabling a flexible IT architecture that offers the scalability and agility needed to act on opportunities, particularly in emerging markets.
Using new channels and cloud computing to develop low-cost banking solutions and innovative offerings.
Managing risk across the enterprise, especially by renewing focus on operational risk, fraud and money laundering.
Reducing the cost to serve customers, as well as the total cost of IT ownership.
February 24, 2012
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