Financial services companies are spending about $42 million per year on digital transformation but the results are generally disappointing. 88% of firms report that their transformation projects were delayed, scaled back, or canceled completely.
A recent American Banker webinar focused on digital transformation issues and highlighted why so many companies have struggled with digital transformation and how—by focusing more on the underlying data itself—they can improve.
Read this executive summary to understand why financial institutions must solve the digital transformation puzzle now, not later.
They Trust Us