Future Ready. Now. Banking Point of View
How to adapt quickly to new market forces and new competitors to become Future Ready. Now.
How do you transform your bank?
Avanade helps banks transform in three ways:
Modernize your infrastructure
3 in 4 believe existing IT systems are no longer fit to address emerging digital business requirements.1 Consumers want an experience that is seamless and smooth. Regulations are changing all the time. Banks are under increasing pressure to improve their cost-income ratio. IT modernization is the only way to achieve real digital transformation. Learn more.
Motivate your people
Banks want to differentiate around the customer journey. Transforming the workplace is the way to do it. Our approach enables employees to offer a better banking experience through modernized platforms, a reimagined banking culture and optimized operations. This is what workplace experience (WX) is all about. According to MIT CISR, those banks that get it right double customer satisfaction and innovation while increasing profit by 25%.2 Learn more.
Move to Future-Ready
Future-ready banks expect digital transformation to yield 17% ROI.3 But it’s hard to transform your bank, even if the prize is clear. How do you become future-ready? Join up EX/CX, drive cost reduction through intelligent automation and develop an innovator’s mindset. Such banks can not only adapt quickly to disruption, they can lead, forcing competitors to adapt to them. Learn more.
1 Avanade research, 2017: ‘IT modernization is critical to digital transformation’
2 MIT CISR: ‘Building business value with employee experience’, Kristine Dery and Ina M. Sebastian, MIT Sloan Center of Information Systems Research (CISR), Research Briefing, Volume XVII, Number 6, June 2017.
3 Avanade research, 2019
“(Avanade doesn’t) just bring technology expertise. They bring a level of business acumen that really helps us come up with the right solution for the client. We can now focus on what matters. One employee said, ‘We’ve come from the Ice Age to the USS Enterprise’."
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Our banking expertise: Top banks rely on us
Avanade is a joint venture between Microsoft and Accenture. Our experts have deep knowledge about the complexities of the banking industry, and they know how to deploy digital technology to transform banks’ operations.
That’s why Avanade works with many of the world’s most successful banks. We’ve helped over 300 financial services firms worldwide, including seven of the top 10 largest banks.
Redefine the retail banking workplace
Delivering a better retail banking experience is the way to differentiate. Transforming the workplace is how to do it.
Out of the dark, not out of the blue
Remove the burden of legacy banking systems and embrace the potential of modernized IT.
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