In the new application programming interfaces (API)-driven financial services environment, banks that adopt an API architecture can gain a significant competitive advantage. Those that don’t could quickly fall behind the competition. Though the premise might seem simple, effective API management isn’t simply a matter of plugging in new technology. It requires a thoughtful, strategic approach.…

This year’s Accenture Technology Vision report highlights the emerging trends that are expected to shape financial services organizations over the next three years. In each trend, we see how digital saturation is raising expectations, abilities and risk, and how businesses are seeking new ways to differentiate themselves as the world moves into the post-digital era.…

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…