target audience: TECH SUPPLIER  Publication date: Jan 2023 - Document type: Web Conference Proceeding: Tech Supplier - Doc  Document number: # US49981422

IDC FutureScape Webcast: Worldwide Banking 2023 Predictions

By: 

  • Marc DeCastro Loading
  • Jerry Silva Loading

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Abstract


This IDC Web Conference presents a discussion by Jerry Silva, research vice president, IDC Financial Insights; and Marc DeCastro, director of IDC's Worldwide Consumer Banking Engagement Strategies, about four of the top 10 predictions for worldwide banking, shaped by a common set of key drivers that IDC believes will direct the future of banking over the next five years. The next five years will be decisive for banks as banks that fail to modernize and transform to a digital business will fall behind peers that are investing in technology today. Predicting the future of banking, and the implications of technology strategy at financial institutions, has become more and more difficult over the past three years. But IDC believes that the predictions in this presentation along with the rest of the 10 predictions discussed in IDC FutureScape: Worldwide Banking 2023 Predictions (IDC #US48660022, October 2022) document will enable banks to overcome the challenges of rigid architectures and strategies and put those institutions in a better position to navigate the dynamic, and sometimes chaotic, market environments of the future.

"Today's goal for banking worldwide is to overcome the immediate challenges in the markets, while mapping out a longer-term strategy for growth and innovation during calmer times", said Jerry Silva, research vice president, IDC Financial Insights. "The banks that can map out strategic investments, leveraging appropriate technologies, will be best prepared to remain resilient and profitable in any situation."

To learn more about IDC FutureScape 2023, go to www.idc.com/events/FutureScape.



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