Part Two: How Financial Services Institutions Can Thrive in the Age of Digital Disruption

Part Two: How Financial Services Institutions Can Thrive in the Age of Digital Disruption

From: Appian Talks
1 0 about 1 year ago
33 Plays 99 Downloads
Having to do more with less is not a new challenge for enterprise IT. For the financial services industry, the cost of maintaining legacy systems accounts for about 75% of a bank’s annual tech investment, leaving only 25% to spend on new technology and innovation. This is the reality that’s frustrated senior business leaders for a long time; it’s not that there is a lack of vision for how to innovate and engage differently, but that they’re hamstrung by maintaining legacy environments.

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