APIs as an innovation accelerant Application programming interfaces (APIs) are nothing new. They’ve been driving operational efficiency in the IT environment for more than two decades. What is new is that APIs have become mainstream in the broader business world, allowing companies to create new business models that deliver new revenue streams and greater value…

In my first post, I introduced digital technology trends in capital markets firms and the idea that innovation is happening fast––and is crucial for firms wanting to thrive in the future. Today, I want to discuss some of the challenges to adopting digital technology enabled innovation, as well as opportunities to get past the stumbling…

For investment banks, asset managers, and wealth managers, technology plays a leading role in enabling business strategy––and is helping them prepare for what lies ahead. In fact, many capital markets firms are already investing in new tools and platforms. A full 93 percent of technology executives at firms we surveyed already have long-term plans for…

I was recently exploring some of the latest reports and blogs from Accenture when I came upon a report titled, “Cryptography in a Post-Quantum World: Preparing intelligent enterprise now for a secure future.” In it, there were several items that gave me pause––statements about the rapid evolution of quantum computing that could have a serious…

Technology is playing a leading role in financial services business strategy and is considered to be a transformational force. In fact, a recent joint study between Accenture and Oxford Economics indicates 90% of financial services IT executives have a long-term plan for technology innovation in place.1 However, while technology adoption is critical, it’s not enough…

Accenture’s recent results from a joint survey with Oxford Economics show that the financial services sector is well-aware of the opportunities to be gained from full-scale digital transformation and is embracing digital as a means to improve customer loyalty and drive new revenue streams. However, the digital transformation journey is not without obstacles. In my…