Abstract

This IDC FutureScape presents IDC Financial Insights' view of the worldwide corporate banking 2023 predictions as they apply to the Asia/Pacific (excluding Japan) (APEJ) region. Each prediction of IDC Financial Insights supports a five-year planning process by identifying the timing, and the overall cost and complexity to address. IDC then contextualizes these global predictions for APEJ to reflect the regional perspective and how the banks in the region are seeking to enhance their competitive positioning by deploying advanced tools, technologies, and capabilities to strengthen their delivery structure and explore new business models to sustain growth and increase revenue.

"Today's corporate banks must try to reposition themselves to define the path for tomorrow's success. In a world full of uncertainty, it is of utmost importance that banks must recreate their offerings that go beyond the traditional products and services. Banks being an important stakeholder of the economy, must stay strategically aligned and digitally committed to remain resilient," said Surya Narayan Saha, research manager, IDC Financial Insights.

Coverage