Emerging financial services trends are challenging executives to rethink and upgrade their technology portfolio to adapt to changing business models, drive innovation and retain and engage their employees. We joined this session to learn more about the future of financial services and engage with other financial services leaders who share how they are taking these challenges head-on to adapt to changing business conditions and drive innovation within their organizations.
When operating in a challenging business environment that requires more agility now more than ever before, we heard from similar companies to iiPay about the factors to consider that are beyond our control and those that are within our control:
| Macro factors beyond our control | What we can control |
| Domestic and international economic results | Competitive differentiators |
| Inflation | Transformation investments |
| Interest rates and monetary policy | Portfolio simplification / realignment |
| Geopolitics | ESG adoption and approach |
| War in continental Europe | Talent and future of work |
| Regulation | Role in a Trust based world |
| Supply chain | Supply chain |
| Climate change | Agility to respond |
| Discipline to help deliver the expected outcomes |
Like iiPay, in a time of unprecedented complexity, Financial Services companies continue to invest heavily in their digital transformation such as Human Capital, Advanced Analytics, GL, Biometrics, Cloud Migration, Payments, Mobility, Workflow, Core Banking, and AI/ML.
Why is this?
- Pandemic-driven digital adoption
- Increased impact of digital native companies
- Ability to access and act on data in real-time provides a huge advantage to businesses
- Evidenced that FSI’s can compete in a fully digital world
What does this mean to the customer?
The market is transforming at an accelerated pace, and for you this means your people – and their stakeholders – expect more than ever, reliable financial and human capital data is at the center of an effective growth strategy.
To find out more or to speak to one of our consultants please get in touch.
