To survey the corporate banking market today is to see a landscape marked by significant challenges, as well as valuable opportunities. The sector that has traditionally been the slow-moving cousin of retail banking is increasingly the focus of attention, as corporate banks face up to fast-changing customer demands and the emergence of non-traditional service providers.
In this dynamic arena, fresh strategic thinking is needed if banks are to survive and thrive. Corporates are looking for new services founded on real-time processing and liquidity management, digital self-service capabilities and innovative trade finance solutions. Where more attractive, cost-efficient offerings are available from new providers, companies are more than willing to end old relationships in search of a more tailored service.
How banks respond to these new dynamics will determine whether they cement and augment their market position or lose out to more nimble competitors. Embracing digital transformation will be critical to future success, as new tools and platforms such as artificial intelligence (AI), blockchain and omnichannel functionality present the opportunity to develop innovative services and bring them to market at speed.
Please join us on Tuesday December 11 for the first Global Treasurer round table in association with Infosys to discuss the future of transaction banking. We will explore the changing face of the corporate market and the factors holding back banks from transforming their service offerings. We will also reveal the Infosys approach to digital transformation, and how it provides banks with the tools required to strengthen existing relationships with corporates and win new business. Infosys will be joined by a leading tier 1 bank and our kind hosts, the City of London.
To register your interest in attending the event, please click here.