Summary
Banks are elevating transformation from isolated program offices to C-suite mandates, orchestrating 3-10 year rebuilds around the asset lifecycle. Success requires unifying thousands of legacy systems while building dynamic infrastructure for evolving needs. The core success factor is maintaining the ability to pivot as markets advance.
Ted O’Connor
Ted is a Senior Vice President focused on Business Development at Arcesium. In this role, Ted works with leading financial institutions in the capital markets to optimize data, technology, and operational needs.
Sources:
[i] Capgemini, 2007. https://www.capgemini.com/es-es/wp-content/uploads/sites/16/2022/12/World_Retail_Banking_Report_2007_0.pdf
[ii] McKinsey, 2017. https://www.mckinsey.com/capabilities/tech-and-ai/our-insights/culture-for-a-digital-age#/
[iii] Bank Director, 2024. https://www.bankdirector.com/article/2024-technology-survey-envisioning-your-banks-future/
[iv] BCG, 2024. https://www.bcg.com/publications/2024/how-to-create-a-transformation-that-lasts
