Exploring blockchain in banking

blockchain in banking DXC blogs

Blockchain or, more precisely, Distributed Ledger Technology (DLT) is currently one of the hot topics in the banking industry. Its main focus is on clearing and settlement, where DLT can reduce reconcile efforts, address liquidity needs and accelerate processing. Several reports and studies suggest benefits and substantial savings – in particular, when DLT is applied […]

3 steps to achieve a truly variable cost structure in banking

In the current economic climate, banks have to cut spending and find efficiencies wherever possible. However, many investment banks have substantial – and increasing — cost allocations that make it nearly impossible to lower costs and provide a constant challenge. Organizations are now discovering that cost transparency and a solid understanding of their allocation are […]

Are best-of-breed systems actually best for banks?

blockchain in banking DXC blogs

In the current marketplace, every bank wants to be a best-of-breed financial institution. Having the right technology and infrastructure in place can enable banks to innovate, to differentiate and to maintain a competitive edge. However, chasing best-of-breed technologies is not always the best way to become a best-of-breed bank. Instead, banks should opt for solutions […]

4 keys to success in the banking digital transformation

Digital transformation is no longer a choice, but a banking business imperative. Most banks have known for quite some time that they need to digitize to remain competitive. And most have begun their digital transformations. However, each organization has taken a different path to becoming a truly digital organization, and some are much farther along than […]

How to become a relationship-focused bank

Most of the Nordic universal banks seemingly seek guidance from a crystal ball in order to find their unique digital path. However, things are moving fast, and technology is driving big change. Banks need to speed up or risk losing market share to new entrants and digital players. Customers are looking for better banking experiences, 24/7. Most customers […]

Why businesses can’t ignore the API economy

Data analytics return on investment CSC Blogs

In today’s digital economy, application programming interfaces (APIs) are everywhere. Whenever you send a tweet, check an email, catch up with news on your mobile, or buy sunglasses online, you’re using an API. Another way APIs prove their worth is when they stitch together older legacy systems and infrastructure with the latest enterprise-grade applications. In effect, […]