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A recent survey by The Economist Intelligence Unit (EIU) and Temenos found that just under two-thirds of banks see new technologies as the most significant driver of change for the next four years, up from 42% from three years ago.

Banks increasingly recognise the value of Software-as-a-Service (SaaS) solutions in delivering new products and meeting customer expectations. Central banks are also showing their appetite for and recognition of the fundamental role of cloud-driven SaaS solutions in financial services as it is a fast and agile solution.

With Pay as you go and a managed service for maintenance and deployment, financial institutions have the chance to maximise their business goals. We see that they are still hesitant towards the cloud.

There is no consensus on how a SaaS provider needs to be selected to align with plans to enable business continuity, optimise business outcomes, and help the bank reach its regulatory obligations.

This Think Tank will uncover different aspects of this dilemma to bridge the gap between the market trend and the insecurity of banks towards SaaS transformations.

Discussion

Topics

Where is the market in terms of SaaS - Which segments will benefit the most (Private/Retail etc.)?

Where are the obstacles with cloud banking/SaaS?

Which business goals would you address with a SaaS transformation?

SUBJECT MATTER EXPERT

Andrew Reeves

Director of the Temenos Cloud Business Line at Temenos

Andrew is the Director of the Temenos Cloud Business Line. With over 15 years of experience in the sector, he is an expert on banking transformation projects. The focus of his work is to advise banks on how to fulfil their business goals best while innovating their IT architecture. After years of working on the delivery and on the commercial side, he now specialises in technology leadership, cloud and service management.

ABOUT

Temenos

Temenos ist ein weltweit führender Anbieter von Bankentechnologie und ermöglicht herausragende Bankerlebnisse für mehr als eine Milliarde Bankkunden weltweit. Mit seiner Plattform für geschäftliche Transformation unterstützt Temenos Finanzinstitute dabei, ihre digitale Transformation zu beschleunigen und die Art und Weise neu zu gestalten, wie sie mit ihren Kunden über digitale und physische Kanäle interagieren. So entstehen konsistente und nahtlose Kundenerlebnisse. Digital Banking ohne Grenzen.