Reported by: banking|Updated: June 2, 2017
Every industry is experiencing IT enabled innovations that are truly transformational. Retailing now offers customers variety and customization that were impossible earlier. Self-driving cars and flying cars will utterly transform mobility, ownership and traffic congestion. However, it is the financial sector that is experiencing the most massive transformation.
From being the most self-isolated industry that bordered on bureaucracy, the financial sector is now the most agile and customer centric. InfoTech 1.0 gave it the rock solid base of CBS and InfoTech 2.0 ushered in new channels offering unimaginable convenience and user experience. InfoTech 3.0 is poised to integrate the financial sector deeply with everything – from e-commerce to social to travel to entertainment to government, and beyond. From being an enabler for the organization, CIOs & CTOs are seeking to drive transformation in the entire ecosystem.
Alongside, every customer, every bank, every insurer and even the regulators have become targets for cyber criminals….CISOs now have a responsibility to extend security into uncharted territories.
Fintechs and start-ups are ‘poking their nose’ into every opportunity – offering everything as a service and aggregating everything that is visible. Financial organizations are responding by offering new services and building an agile infrastructure that drives synergy across departments and partner organizations. Open and real-time is the new normal.
To unravel this transformation, Banking Frontiers is pleased to invite financial sector CIOs, CTOs and CISOs to a brainstorming roundtable titled InfoTech 3.0 – Transforming Goals, Synergizing Roles. We look forward to your participation in this endeavor and eagerly await your confirmation.