Rethink how banks can drive down cost and protect profit
Digital, cloud and AI are the keys to unlocking cost reduction.
Stop. Pause. Rethink.
Digital transformation programs will continue but they will need rethinking in light of the pandemic. Banks are now looking for short-term approaches that can deliver business outcomes quickly. Here are three urgent challenges we’re hearing from our clients:
- To grow our banking business, how can we leverage AI to generate deeper customer insights and greater personalised engagement?
- To drive down cost, how can we reduce legacy and respond more flexibly to market disruption using automation and cloud banking solutions?
- To improve productivity, how can we provide a digital workplace that is secure, offers modern collaboration tools and allows staff to do their best - wherever they’re working?
Read our banking challenges guide for practical, short-term solutions to these immediate challenges, including our Banking Accelerator solution based on AI and designed to amplify customer engagement in three key areas.
Listen to our banking experts, Nic Merriman, Michelle Baxter and Saurabh Verma, talk to The Banker about handling urgent challenges, such as customer trust, cost optimisation and getting ready for growth.
It’s time to rethink your wealth management, corporate, personal and retail banking with Avanade’s digital banking solutions. Contact us now.
“(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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“Working together in an agile way and creating flat hierarchies requires a different culture and new policies. So, our focus was not only the new technology, but also change management. [Avanade has] a lot of experience in the field of change management and the requisite practical knowledge for the implementation."
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 solutions 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. Talk to our experts now.
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