Industrialising Investment Banking Technology

What does an industrialised bank look like? We are embarking on a journey already undertaken by many other industries as they matured. Using the automotive industry as an example, we see:

• Use of technology and lean processes to drive down costs
• Reduction in end-product complexity
• Increased regulation for a safer industry
• Extensive technology cross-licensing and shared development costs
• Shared manufacturing infrastructure
• Massive standardisation and use of common capabilities

Financial services are entering this next phase of maturity and must increase the strength of their IT in preparation for the journey.