Breaking the Digital Deadlock 2019 | Financial Times | 6 November 2019 | Bracken House, London, 1 Friday St, London EC4M 9BT, UK

Digital transformation has been the ultimate buzz phrase in financial services for a decade. But senior executives tasked with driving these changes are well aware that transformation takes more than buying the latest technology. Externally, they must navigate a dizzying array of platforms, products and services, constantly updated by thousands of different vendors and deliberately designed to make integration between competing systems difficult. Internally, out-of-date infrastructure and legacy tech contracts lead to a tangled mass of systems, services and applications that are nearly impossible to unite – but are difficult or costly to retire.

To maximise the benefits of digital transformation, businesses must find a way to bring disparate subsystems together before investing in new technology. Effective integration has clear pros: better process automation and more efficient information exchanges, leading to more reliable data stored in a safer, easier-to-access system. But where to start on a practical level? How can integration strategies enable companies to make the most of digital transformation, whilst simultaneously tackling mounting tech debt?

Join The Banker, part of the Financial Times Group, in partnership with Dell Boomi to discuss the strategies that financial services firms must deploy to break the digital deadlock and move into the next phase of transformation. We will explore the steps needed to unlock tech debt and create a combined, accurate, and consistent view of core information, and discuss the impact of this on the transformation initiatives that follow.

2019 Speaker

Joy Macknight
Managing Editor, The Banker