TECH BUYER Oct 2018 - IDC FutureScape - Doc # EMEA44384418

IDC FutureScape: Worldwide Corporate Banking 2019 Predictions

By: Neil Ainger, Anuj Agrawal, Jerry SilvaResearch Vice President, James WesterResearch Director, Worldwide Blockchain Strategies, Thomas ZinkResearch Director

Abstract

This IDC FutureScape discusses the worldwide corporate banking sector and is a planning tool for technology leaders and their line-of-business (LOB) counterparts to use in their IT strategic planning efforts. It provides foresight for tech-based strategies by laying out IDC Financial Insights' top 10 predictions over the next five years. Each prediction identifies the IT and business impacts of the projected imperative, providing guidance and a cost/complexity assessment alongside external drivers and trends impacting this sector.

"The 10 predictions in this inaugural corporate banking study are reflective of a major change underway in the sector as digitalization and internal DX escalate, while cognitive, connective, and analytical technologies develop in cloud, AI, and DLT fields," said Neil Ainger, research manager, Worldwide Corporate Banking, IDC. "Meanwhile, the open banking and API trend promises new front-end, data-centric tools in the pricing of loans, trade finance, instant-payment route analytics, liquidity alerts, and so on, plus new services and market entrants. The pace of change will reach an inflection point in the next five years."


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