TECH SUPPLIER Nov 2021 - Taxonomy - Doc # US44302320
IDC's Worldwide Digital Transformation Use Case Taxonomy, 2021: Banking
This IDC study discusses how the banking industry is accelerating its recovery from, and overcoming of, the disruptions in 2020 through the digital mission of "accelerated banking." The taxonomy defines six strategic priorities to accomplish the industry's digital mission of accelerating the pace of transformation to get back to an environment of innovation. It defines separate programs that support each strategic priority. Under each program are a set of use cases, which are discretely funded efforts supporting a program objective.
"The disruption in 2020 put the banking industry on its heels, forcing it to focus on immediate resolution to weaknesses in resiliency and scalability," said Jerry Silva, vice president, IDC Financial Insights. "But as the industry comes back from a significant disruption, the focus is turning on the acceleration of transformation to quickly get back to an environment of innovation."
Executive Information , IDC Financial Insights: European Retail Banking Digital Strategies , IDC Financial Insights: Worldwide Banking Digital Strategies , IDC Financial Insights: Worldwide Compliance, Fraud and Risk Analytics Strategies , IDC Financial Insights: Worldwide Consumer Banking Engagement Strategies , IDC Financial Insights: Worldwide Corporate Banking Digital Strategies , Worldwide Digital Business Strategies , Worldwide Payment Strategies
Analytic applications, Customer relationship management applications, Digital transformation, Financial resource management, Governance, risk and compliance infrastructure, Messaging security, Regulatory compliance, Risk management
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