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The IT landscape of banks often resembles a patchwork carpet in which new functions are woven into outdated structures.

In hardly any other place do expectations and reality seem to diverge so widely as in the “machine room” of the banks. In 2018, BaFin registered more than 300 disruptions. The IT landscape is often like a patchwork quilt in which new functions are constantly being woven into outdated structures. The result is angry customers and complaints from supervisors. But what are the reasons for this development, and where are the levers for innovation and digitization? …


Read the full article on Die Bank (German only)