Banking in transition – Embracing API-enabled business transformation

About the white paper

Today, traditional banking has transformed and moved online. Most financial transactions happen via mobile apps, websites, email, text messages, and other digital mediums. Moreover, the consumer is changing, but perhaps not how you think. A swirl of economic and marketplace dynamics is influencing consumer behavior. To meet the diverse needs of their customers, banks must create an ecosystem of specialized services. This is possible only by allowing niche service players to make their services available using banking platforms.

Successful banks of the future will have a robust ecosystem of partners and an enabling technology landscape that partners can leverage. While gearing up for a tech-first future, financial institutions are aggressively embracing APIs – and a wide variety of other technologies and concepts such as artificial intelligence, big data, and enterprise agility – to stay competitive in a consistently evolving, increasingly challenging business environment.

Download this white paper to know:

• The Why?
  Why should banks consider managed services for advanced API management as a strategic enabler for business transformation and innovation?
  
  
• The How?
  The key levers to get greater value from managed API operations based on vast experiences made in this area.
  
  
• The Next Steps
  The potential actions banks can already initiate to unleash the potential of these imperatives via managed APIs operations.