Working with ISVs and SaaS Providers to Achieve Innovation in the Financial Sector

After avoiding all things cloud due to regulatory and compliance concerns, a growing community of fintech leaders have joined independent software vendors and software-as-a-service cloud providers to offer financial institutions highly tailored services. New technological developments, the rise of new competitive disruptors and changing customer expectations have elevated the importance of accelerating the pace with which institutions bring new value-added services to market. A growing number of executives are taking a hard look at how fintech services, ISVs and SaaS resources can support this “need-for-speed” in a risk-adjusted manner. These were among the conclusions of a recent CIO.com moderated roundtable co-hosted by Eyal Levin and Judy Grussing of IBM.