Reimagining Financial Systems

The financial sector has undergone a dramatic shift in the last decade. Customers want a more consolidated, personalized experience, regulatory demands have increased, and outside pressures like cyber threats have put an unprecedented level of stress on banking and financial institutions.

To further complicate this, the macro-economic and geopolitical landscape is more turbulent than any point in recent history. To compete and win in this marketplace, banks and financial institutions need to operate at the pace of a crypto start-up but also continue to deliver hard-earned trust and integrity at scale.

The underlying infrastructure in many financial institutions relies on core systems powered by the mainframe. With a dynamic hybrid cloud architecture, the right security posture, a robust API network, and IT operations that rely on new technologies, the mainframe is positioned to drive financial transformation without sacrificing the power of existing operations.

That is why financial institutions must evaluate their current environment with a renewed focus on core platforms to drive agility and further navigate the changing environment. In our latest report, Reimagining Financial Systems — created in collaboration with Broadcom — we explore the shifting landscape for financial institutions and the benefits of modernizing the mainframe.

In this brief you’ll learn:

  • The current state of the financial industry
  • An overview of challenges faced by financial organizations
  • Why agility into core systems is table stakes
  • Mainframe’s role in the hybrid cloud
  • Key considerations for modernizing the mainframe for reimagined financial systems

Financial institutions have an opportunity to reimagine their mainframe deployments to further drive digital transformation across the organization. If you’re interested in learning how to modernize your mainframe, download your copy of Reimagining Financial Systems today.

In partnership with:

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At Futurum Research our three key focus areas are research, analysis, and insights. We also provide a full offering of advisory services geared towards helping organizations adapt to new technologies and operationalize digital transformation, along with other services through our sister companies Broadsuite Media Group and V3 Broadsuite.

About the Authors

Steven Dickens is Vice President of Growth and Business Development and Senior Analyst at Futurum Research. Operating at the crossroads of technology and disruption, Steven engages with the world’s largest technology brands exploring new operating models and how they drive innovation and competitive edge for the enterprise.  Read Full Bio.

Daniel Newman is the Principal Analyst of Futurum Research and the CEO of Broadsuite Media Group. Living his life at the intersection of people and technology, Daniel works with the world’s largest technology brands exploring Digital Transformation and how it is influencing the enterprise. Read Full Bio

Lauren Kirkpatrick is a junior analyst and project lead for Futurum Research. She covers topics ranging from corporate DEI and ESG initiatives, to cloud, mobility, and beyond. When she’s not working, she’s either chasing her dog, Whiskey, or cheering on her beloved LA Dodgers at the ballpark.

Shelly Kramer is a Principal Analyst and Founding Partner at Futurum Research. A serial entrepreneur with a technology centric focus, she has worked alongside some of the world’s largest brands to embrace disruption and spur innovation, understand and address the realities of the connected customer, and help navigate the process of digital transformation. She brings 20 years' experience as a brand strategist to her work at Futurum, and has deep experience helping global companies with marketing challenges, GTM strategies, messaging development, and driving strategy and digital transformation for B2B brands across multiple verticals. Shelly's coverage areas include Collaboration/CX/SaaS, platforms, ESG, and Cybersecurity, as well as topics and trends related to the Future of Work, the transformation of the workplace and how people and technology are driving that transformation. A transplanted New Yorker, she has learned to love life in the Midwest, and has firsthand experience that some of the most innovative minds and most successful companies in the world also happen to live in “flyover country.”