Advancing digitalisation, ad hoc regulatory requirements and increased competitive pressure - these are just some of the challenges facing financial institutions today. They are required to keep up with the accelerated pace of change and at the same time fulfil increasing quality requirements.
Agile methods can help them cope with this: with fast feedback cycles, focussing on priority topics and a high level of transparency. For some years now, the trend in banks has therefore been to apply agile collaboration models on a large scale. However, the details of the type of agile methods, their scope and speed of implementation are highly heterogeneous.
For our white paper "Financial institutions in the agile transformation", we asked top management from eight German banks about the current status of their financial institution in the agile transformation process and also about their future goals.
The financial institutions mainly expect agile transformation to result in cost savings, rapid feedback and ad hoc reporting capability, standardised prioritisation through the elimination of interfaces, a reduction in complexity, improved innovation capability, a reduction in time-to-market and increased employer attractiveness for existing and new employees.
However, these goals are often countered by transformation costs, historically evolved structures and a certain degree of digitalisation inertia.
We have supplemented these findings with our experience from consulting practice so that we can provide you with the basic success factors you need for a sustainable agile transformation in our white paper.
You can download the whitepaper Financial institutions in agile transformation here:
