For forward-thinking banks, platform consolidation presents both a priority and a challenge

Platform consolidation — the integration of multiple tools and infrastructure into a single, cohesive platform — is a strategic priority for banks’ security and IT leaders, driven by increasing tech stack complexity and economic challenges.

Eighty-eight percent of IT leaders are actively consolidating and optimising their technology stacks. Generally, they do so to achieve several closely intertwined benefits specific to Financial Services:

• More efficient digital banking operations
•  Cost savings and better use of resources
• Improved security for online and mobile banking
• Greater focus on innovation and strategic initiatives

This ebook explores the reasons for these struggles and offers suggestions about how to overcome them.