Cloud-native: How can banks achieve efficiency? 2023 | Finextra | 13 June 2023 | Webinar
Venue
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| Event Date |
Tue Jun 13 CDT (over 1 year ago)
In your timezone (EST): Tue Jun 13 1:00am - Tue Jun 13 1:00am |
| Location | Webinar |
| Region | Americas |
Details
Cloud efficiency is essential for banks to remain relevant and continue to push the envelope where it comes to innovation, speed, elasticity, and resilience. By prioritising AI and cloud integration, financial institutions can leverage efficiency gains and step into the future.
Banks are lagging behind fintech startups when it comes to cost-efficiency, customer onboarding, growth, and configurability. They are also spending too much of their IT budgets on running costs rather than change. To address these challenges, banks with legacy infrastructure can reduce expenses by migrating to the cloud and investing in cloud-native and AI technologies.
Currently, major banks are limiting themselves by investing more in front-end user experiences rather than rebuilding and reimagining the end-to-end experience, therefore missing out on long term benefits that would reinvigorate customer experience. Cloud-based solutions offer a substantially more attractive and viable method to exceed growth targets through better configurability, scalability, operational efficiency, and access to continuous innovation.
Speakers
2023 Speakers
MODERATOR:
Gary Wright
Head of Research, Finextra
SPEAKERS:
Ben Snowman
Vice President Partnerships, Mambu
Niall Archibald
Head of Financial Services Industry Strategy, Microsoft UK