Sunil Rao’s Post

Interesting reading from BearingPoint regarding development of the Nordic Banking sector forward. Interesting findings in how the first mover advantages ten years ago is now actually putting them in the backseat when it comes to new tech solutions like AI and software architecture. #ai #nordics #finance

Was a pleasure to be interviewed earlier in the year by Erik Åkesson as one of their identified industry thought leaders on the banking industry for this report. Most of the discussion we had was focused on the growth of platform business models within Banking driven by Embedded Finance, and other disruptive trends. Check out the report, and maybe reach out to me to continue the discussion and see how we at Samlink – A Kyndryl Company can assist you in your banking transformation. #bankingtransformation #digitaltransformation #bankingtrends

Across the world, the digital revolution is transforming customer expectations and disrupting key markets, including financial services. Core transformation affects the whole bank and shouldn’t be taken on lightly. Here are three common mistakes to avoid with Core Banking Transformations: - Underestimating the significant effort and cost - Insufficient leadership support - Lack of robust planning and governance. In our latest paper, you can learn how to achieve a successful transformation by adopting a three-pillar approach as well as understand the key barriers to change and how to overcome them. Click through below to read the full paper now or view on our website here: https://okt.to/ADUBwe #CoreBankingTransformation #BankingMiddleEast #caseforchange #CapcoME

For banks and businesses everywhere, digital transformation results in lower costs, greater efficiency, and more effective service differentiation for B2B clients. Delivering real-time payment capabilities is a necessity in today's financial ecosystem, and #Tassat ensures that these demands are met for our partners. Read more about why businesses can't thrive without digital transformation in the piece below:

As we look at the coming year, we have identified 8 trends that are shaping the corporate and transaction banking industry. We see 5 key management priorities that will be crucial in navigating these trends: 1. Accelerate revenue growth through targeted fee income growth initiatives, new relationship pricing disciplines as well as data-driven deposit management and pricing approaches   2. Strategically steer the balance sheet through Basel IV implementation, redeployment of capital to areas of strategic advantage with existing scale, enhanced sector planning approaches and making use of the full range of risk distribution techniques   3. Commercialize climate through selective investments in product capabilities (e.g. green project and asset finance), thoughtful sector and client prioritisation and activation of the frontline to capture commercial opportunities   4. Build the bank of the future by supercharging payments and FX, exploring use of generative AI to drive topline growth and operational efficiencies, and developing deep sector solutions and partnerships in key growth areas   5. Transform the core by taking structural action on cost to create higher operating leverage, re-imagining and digitizing end-to-end lending processes to improve customer and colleague experience, delivering next-generation channel experience   To learn more about these trends please get in touch.   Ronan O'Kelly Jason Ekberg Kirk Saari Michael Ho Charlotte Provost Eimear McDermott 

Whilst banks in the Middle East are at the center of the region’s shift towards digital, services-based economies, many are still heavily reliant on legacy core technologies restricting their agility in terms of launching innovative, hyper-personalized, data-driven products and services. In our latest paper, you can: - Discover the four key drivers of core transformation - Learn about the key barriers to change - Understand the benefits of using a three-pillar approach and how to apply it for successful transformation. Click to read: https://okt.to/yCoh61 #CoreBankingTransformation #BankingMiddleEast #caseforchange #CapcoME

Exciting to see Prosperity Bank advance its digital transformation with BMC Helix. As always it’s about more than just technology, it’s about enhancing the way people bank and interact with their finances.....read the full story on CIO.com below

Fintech questions for Presidents' Day: - Why is PNC investing $1 billion to build 100 new branches and renovate 1,200 branches? - Why did ARK invest in Pave? - Why are the core banking providers always late to fintech innovation? And can FIS get ahead of the curve this time?

Whilst banks in the Middle East are at the center of the region’s shift towards digital, services-based economies, many are still heavily reliant on legacy core technologies restricting their agility in terms of launching innovative, hyper-personalized, data-driven products and services. In our latest paper, you can: - Discover the four key drivers of core transformation - Learn about the key barriers to change - Understand the benefits of using a three-pillar approach and how to apply it for successful transformation. Click to read: https://okt.to/r0YuPH #CoreBankingTransformation #BankingMiddleEast #caseforchange #CapcoME

Whilst banks in the Middle East are at the center of the region’s shift towards digital, services-based economies, many are still heavily reliant on legacy core technologies restricting their agility in terms of launching innovative, hyper-personalized, data-driven products and services. In our latest paper, you can: - Discover the four key drivers of core transformation - Learn about the key barriers to change - Understand the benefits of using a three-pillar approach and how to apply it for successful transformation. Click to read: https://okt.to/496g5W #CoreBankingTransformation #BankingMiddleEast #caseforchange #CapcoME