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white paper

Preparing for tech-first future in financial services

A Nagarro PoV on business agility, API management, and execution approach.
Author
Sandeep Gupta
Sandeep Gupta

Delivery Lead - Banking

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Bernd Schulze
Bernd Schulze

API Management practice lead

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Rishi Garg
Rishi Garg

Senior Staff Consultant

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About the white paper

 

Incumbent financial players like banks and insurance (BFSI) companies aspire to be agile enough to adopt digital transformation across the board, equip themselves to face the tightening regulations, and become an API-enabled banking and insurance businesses of the future. But are they up for the challenge of fintech innovation?

 

Though the players understand that the competition is threatening their profitability and growth, they aren't entirely prepared. This white paper elaborates on four ideas that we believe the incumbents need to implement to stay relevant and competitive:

 

  • IT as the new “powerhouse”
    for digital transformation and innovation

  • Modern agile
    to renew and adapt quickly to market changes, and to react flexibly to customer needs through rapid experimentation

  • API-fication
    as a strategic enabler to interact with the ecosystem and to run IT operations

  • Unleashing banking innovation
    with technology & data, behavioral change and relentless execution
Author
Sandeep Gupta
Sandeep Gupta

Delivery Lead - Banking

connect
Bernd Schulze
Bernd Schulze

API Management practice lead

connect
Rishi Garg
Rishi Garg

Senior Staff Consultant

connect
Download white paper

Kickstart your transformation journey!

tags

Agile Transition, API Management, Optimize, Innovate, Banking & Financial Services