Is your enterprise capitalizing on this year’s biggest trends? Evaluate your competitive edge with the 2022 Virtusa Trend Almanac. View report

segment

Digital corporate banking

Flourish in a changing corporate banking climate by adopting innovative technology solutions

Global regulatory changes, digitization, competitive pressure, and sluggish global economy growth are driving significant changes for corporate banks. Marginal pressures due to compressing fees from cash management, payments, and corporate lending are leading to an increased focus on cost simplification and efficiency.

The Future of Digital Corporate Banking

Increased regulations continue to create demand for customer onboarding efficiency, streamlined know-your-customer (KYC) and payments screening, and real-time interactions between banks and corporations. As a result, there is a wide adoption of API banking technologies in corporate banking.

Corporate banks need to adopt innovative technology-based solutions not just to survive but also to thrive in this new climate.

As the competition continues to snowball with nimble fintechs entering the market, our inclusive digital transformation strategy helps banks to disrupt traditional business models and accelerate growth.

Through intricate planning of activities, resources, capabilities, and business operations followed by a constructive goal setting to achieve objectives, we help companies lead the digital transformation game.

Key solutions

Virtusa helps clients move to a collaborative framework with partners and embrace a fail-fast culture to stay ahead of the curve.

Unlocking Value in a Modernized Data Warehouse for Financial Services
Unlocking Value in a Modernized Data Warehouse for Financial Services

Report presented by IDC and Virtusa

Only 57% of the banks were operating hybrid cloud environments according to IDC's 2020 Worldwide Industry CloudPath Survey. 

Download the report by Jerry Silva, Program Vice President, IDC Financial Insights, to learn how banks and financial institutions can modernize their data warehouse with minimal disruptions to business operations.

Related content