Overcoming the Constraints to Digital Enablement
Retail banks need a flexible and dynamic IT infrastructure to advance their digital capabilities. Consumers increasingly expect banks to offer the convenience and simplicity that technology brings to other aspects of their lives. To achieve the level of digital enablement that banks require, they need a flexible IT architecture that supports new digital capabilities, as well as the security and resilience to protect growing customer data volumes. Traditional centralised legacy IT systems hamper digital transformation. They’re poor at integrating new technologies to support new offerings. They can’t gather real time customer insights to drive innovation, and insecure storage creates security vulnerabilities. There is a way to overcome these constraints. A compelling and very achievable solution is moving to a distributed architecture based on interconnection and software-defined networking. The next pages consider specific applications of interconnection and how it helps banks transition to flexible, distributed IT architectures to support their enhanced digital capabilities.
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