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See how the essential elements of Dynamic IT; organizational alignment of business and IT; adaptive IT-based business execution; and business-responsive IT automation are driving financial services companies to look for new ways to generate growth and drive more revenue from existing customers. In this white paper, Financial Insights considers how financial institutions must meet the demand for growth by extending into the financial supply chains of business customers and partners. We also examine the industry, market drivers, motivators, and technology attributes needed to meet the demand. A case study of Wachovia is included for illustrative purposes. This Financial Insights white paper is based on financial services IT spending primary research studies conducted in 2004 and 2005 and ongoing research and executive interviews of C-level and line-of-business executives in the areas of IT spending, enterprise performance management, and corporate banking and treasury management. |
