NEW RESEARCH: The Modernisation of the UK Banking Sector

The UK banking sector is at an important time in its history. After years of cost-cutting and little progressive action, senior management teams at the established banks now realise that they have to accelerate the rate of change if they are to continue to grow and return to delivering shareholder value. Major decisions need to be made about priorities and the scope of activities, particularly with regards to the IT technology which supports their operations.

This report is based on the discussions at a techUK roundtable of executives from across the Banking sector, including representatives of SITS suppliers, customers, lawyers and trade associations. The keynote speech, debate and the extensive insight from TechMarketView in this report highlight the important issues that all suppliers to the Banking sector need to consider as they attempt to win business. As the established banks wrestle with the issues of legacy systems and organisations, increasing competition and demands of their customers this will generate substantial opportunities for the supplier community.

"The Modernisation of the UK Banking sector" builds on earlier research published in the FinancialServicesViews research stream about this crucial topic and provides additional insight for suppliers to established banks and new competitors alike.  The report is available to FinancialServicesViews subscribers via this link. If you are not yet a subscriber to this research stream, please contact Deb Seth of our Client Services team.

Posted by: Peter Roe at 13:30

Tags: cloud   legacy   banking   regulation  

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