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U.S. Banks See IT Modernization as a Way to Improve Customer Experience

U.S. Banks See IT Modernization as a Way to Improve Customer Experience
ISG Provider Lens™ report sees banks moving to digital payments amid COVID-19 pandemic
STAMFORD, Conn., Dec. 21, 2020 (GLOBE NEWSWIRE) Many large banks in the U.S. have engaged in long-term digital modernization efforts focused on improving customer experience, with new banks focused on cloud-first and API-first banking-as-a-service opportunities, according to a new report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.
The 2020 ISG Provider Lens
™ Banking Industry Ecosystem Report for the U.S. finds smaller banks in the country also looking for digital transformation, with many focused on modernizing their IT infrastructures in a single “big bang” approach. Many small banks are consolidating, creating the need for a single core banking system, the report says. ....

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Information Services Group, Inc.: Banks in the Nordics Look to Technology Service Providers to Help Consolidate 'Spaghetti' IT Systems

Information Services Group, Inc.: Banks in the Nordics Look to Technology Service Providers to Help Consolidate Spaghetti IT Systems
STOCKHOLM, Dec. 17, 2020)), a leading global technology research and advisory firm.
The 2020 ISG Provider Lens
Banking Industry Ecosystem Report for the Nordics finds banks in the region looking to technology service providers to help them manage and consolidate multiple core IT systems in a cost-effective manner.
Untangling these legacy spaghetti systems will be a significant challenge for several large banks in the Nordics, said Jan Erik Aase, director and global leader, ISG Provider Lens Research. This creates significant opportunities for technology service providers that understand the local market and can consolidate multiple banking platforms efficiently and quickly. ....

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Banks in the Nordics Look to Technology Service Providers to Help Consolidate 'Spaghetti' IT Systems

Banks in the Nordics Look to Technology Service Providers to Help Consolidate ‘Spaghetti’ IT Systems
ISG Provider Lens™ report finds Nordic banks also focused on improving customer experience
STOCKHOLM, Dec. 17, 2020 (GLOBE NEWSWIRE) While banks in the Nordic region are ahead of the curve in adopting new technologies, some large banks there are running legacy “spaghetti” IT systems after acquiring competitors, according to a new report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.
The 2020 ISG Provider Lens
™ Banking Industry Ecosystem Report for the Nordics finds banks in the region looking to technology service providers to help them manage and consolidate multiple core IT systems in a cost-effective manner. ....

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