FIS Modern Banking Platform
Advance your bank with a modern core platform.
Cheryl Heather | SVP, Head of Solution Delivery, FIS’ Capital Markets business
December 28, 2020
For a business to survive in today’s volatile and uncertain climate, you need to be resilient, with strong leadership that focuses on digital and advanced technologies like artificial intelligence.
Pre-COVID, many organizations were on digital and modernization paths, taking advantage of new technologies like artificial intelligence (AI) to drive change in their business. That vision is still there, but in many cases, firms are re-assessing their vision as some of the things they wanted to do have become more urgent and some have gone on the back burner.
As we look ahead to 2021, it’s time to take a breath and a step back. Look at your customers, your market and your current initiatives – and decide whether you start, stop or continue.
We’re doing this exercise now with our clients. Even though they’ve demonstrated significant resilience through the crisis, you can’t take anything for granted, especially in this environment.
For instance, if you’re on a growth path, are those avenues still open? The structure of the capital markets may change as the broader impact of COVID-19 becomes clearer, from changes in trading venues to inflows into different investment strategies, such as Environmental, Social and Governance. Perhaps you need to find new avenues for growth.
But before you start reassessing your initiatives, take a moment to re-evaluate the criteria you use to invest your resources – whether that’s money or people. For example:
With so much in flux, this is a great opportunity to be deliberate but bold to set yourself up for success in 2021.
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