How to Instill a Digital Mindset at Financial Services Firms | In the News

Digital transformation has cemented its place as one of the dominant business trends of recent years, with analysts predicting the sector will grow to an impressive $1.8 trillion by 2028. However, for companies operating in the notoriously conservative world of finance and banking, a successful move into the digital domain requires significantly more than investing in a few pieces of new technology and sending midlevel managers on a training course.

According to research from Everest Group, almost 80% of digital transformation initiatives fail to deliver on their ambitions. The group cited struggles with corporate culture and mindset as one of the most common causes of this failure.

Read more in Forbes

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