How financial services can cut costs and deliver value fast
Leaders are again turning to technology platforms to address considerable challenges – but their transformation efforts must now deliver even greater business value, faster.
In partnership with Boston Consulting Group (BCG), we spoke with industry leaders to find out how they empower business units to act nimbly to increase efficiency, and lower costs. The new report reveals how Australian banks, insurers and wealth institutions can accelerate value creation and inspire trusted relationships by harnessing technology platforms.
Financial institutions that harness low-code or no-code technology platforms stand to save between $5-8 million in IT operating costs per year.
of financial institutions lose sight of their desired transformation endpoint.
Only 42% of financial institutions exceed their digital transformation value targets.
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The Reset reveals three ways to accelerate value creation through harnessing a modern technology platform.