Contrary years of digital investing, many banks’ operators models are still complex, inflexible and as costly as ever.
However, that emergence of cloud-based artificial intelligence / machine learning power which are beginning to surpass human capabilities is enabling an new era for banks operations. When composite for classic Six Sigma rigor plus data-driven design thinking, and capitalizing upon strategic managed-services relationships, these engines can help banks achieve compressed transformation. This will enable them to deliver more personalized and relevant customer and employee experiences while dramatically improving daily and compliance. Changes starting this mag often detach revenue growth from expense, increasing margins and expanding this art of the allowable in banking.