For almost 20 years, cloud and related technologies have been transforming entire industries. Interestingly, most of the discussions around transformation tend to focus on the technical aspects, technical solutions, platforms, and various as-a-service offerings. Although the technology perspective is very important, it’s not the most critical. Truly transformational projects require a much broader perspective. In this Advisor, we explore the impact of cloud-enabled transformation on product lifecycle, processes, and organizational culture.

Many organizations are now focusing on a hybrid cloud strategy: moving part of their IT capabilities to the cloud, while maintaining core elements in-house, hosted on-premises. The hybrid model is becoming immensely customary among orga­nizations, as it enables them to optimally allocate their resources while keeping their current IT infrastructure operating at low risk. A hybrid cloud strategy not only prepares an organization for the future but also protects its investment today.

This article looks at the fintech “arms race,” reporting country rankings in several foundational areas. It explores the areas of AI, blockchain, and cryptocurrency, and how countries are faring in the fintech arms race as measured by their investments in, and adoption of, these three fintech baskets.

This article looks at the fintech “arms race,” reporting country rankings in several foundational areas. It explores the areas of AI, blockchain, and cryptocurrency, and how countries are faring in the fintech arms race as measured by their investments in, and adoption of, these three fintech baskets.

In this article, the authors explore how banks could become “identity trust anchors” — and increase revenue as part of the process. Technologies like self-sovereign identity can help with the identity and privacy problem that is ubiquitous on the Web. In fact, KYCaaS (“know your customer” as a service) is a proposed new business model enabled as a new revenue-generating service. This is an interesting look at how fintech technologies, products, and services provide opportunities for companies to profitably commercialize transaction processing.

In this article, the authors explore how banks could become “identity trust anchors” — and increase revenue as part of the process. Technologies like self-sovereign identity can help with the identity and privacy problem that is ubiquitous on the Web. In fact, KYCaaS (“know your customer” as a service) is a proposed new business model enabled as a new revenue-generating service. This is an interesting look at how fintech technologies, products, and services provide opportunities for companies to profitably commercialize transaction processing.

Diarmuid Lane looks at text- versus voice-based question answering (QA) systems in financial services. He explores a larger question: how efficient are chatbots, really? 

Diarmuid Lane looks at text- versus voice-based question answering (QA) systems in financial services. He explores a larger question: how efficient are chatbots, really? 

Magesh Kasthuri looks at blockchain’s impact on fintech. The article delves into the analysis of a specific technology; perhaps one of the most foundational technologies in the fintech basket. Kasthuri discusses the inevitability of BaaS and its security concerns. 

Magesh Kasthuri looks at blockchain’s impact on fintech. The article delves into the analysis of a specific technology; perhaps one of the most foundational technologies in the fintech basket. Kasthuri discusses the inevitability of BaaS and its security concerns. 

Based on findings from a Cutter Consortium survey examining the adoption and application of AI technology, this article looks at six AI adoption drivers in banking and financial services: (1) competition; (2) the availability of massive data sets; (3) the growing number of commercial AI-based applications; (4) innovation among the players; (5) a growing understanding and appreciation of the potential of AI, ML, and natural language processing (NLP); and (6) increasingly sophisticated user interfaces and customer experience/engagement. 

Based on findings from a Cutter Consortium survey examining the adoption and application of AI technology, this article looks at six AI adoption drivers in banking and financial services: (1) competition; (2) the availability of massive data sets; (3) the growing number of commercial AI-based applications; (4) innovation among the players; (5) a growing understanding and appreciation of the potential of AI, ML, and natural language processing (NLP); and (6) increasingly sophisticated user interfaces and customer experience/engagement. 

The authors take a detailed look at fintech and marketing and how big data, analytics, marketing, and financial services can be leveraged.

The authors take a detailed look at fintech and marketing and how big data, analytics, marketing, and financial services can be leveraged.

This article focuses primarily on the financial services industry, noting the importance of connectivity, digital assets, and regulation. The authors recognize the opportunities and disruptions that fintech creates. They look at how incumbents must respond opportunistically and defensively to fintech adoption. 

This article focuses primarily on the financial services industry, noting the importance of connectivity, digital assets, and regulation. The authors recognize the opportunities and disruptions that fintech creates. They look at how incumbents must respond opportunistically and defensively to fintech adoption. 

This issue of Cutter Business Technology Journal (CBTJ) describes the range of methods, tools, techniques, and applications of the fintech revolution. The articles demonstrate fintech’s importance and explore the diff­erent levels of fintech technologies, experimentation, and applications. While many questions remain, fintech is unstoppable. Institutions, companies, and whole countries are adopting it for financial, political, and even military purposes. Make no mistake: fintech is a game-changer.

This issue of Cutter Business Technology Journal (CBTJ) describes the range of methods, tools, techniques, and applications of the fintech revolution. The articles demonstrate fintech’s importance and explore the diff­erent levels of fintech technologies, experimentation, and applications. While many questions remain, fintech is unstoppable. Institutions, companies, and whole countries are adopting it for financial, political, and even military purposes. Make no mistake: fintech is a game-changer.

Many technologies exist today that have the potential to change the manner in which we get work done. Currently, the software developer job is heavily labor-intensive. Yes, we use software tools to perform many of the repetitive tasks; however, for the most part, the programming job is performed by highly talented individuals who specify, design, code, and test complex pieces of code and make them work. We have attempted to automate such tasks, but we can best characterize current efforts as assistance (helping workers by providing guidance and information) rather than automation (replacing humans with machines). In this Executive Update, we identify 20 technologies that have the potential to alter this picture in both the near and long term. 

Many technologies exist today that have the potential to change the manner in which we get work done. Currently, the software developer job is heavily labor-intensive. Yes, we use software tools to perform many of the repetitive tasks; however, for the most part, the programming job is performed by highly talented individuals who specify, design, code, and test complex pieces of code and make them work. We have attempted to automate such tasks, but we can best characterize current efforts as assistance (helping workers by providing guidance and information) rather than automation (replacing humans with machines). In this Executive Update, we identify 20 technologies that have the potential to alter this picture in both the near and long term. 

This Advisor considers the development of a continuous deployment process for software by combining Agile methods and DevOps. After first looking at the salient characteristics of both techniques, we discuss why bringing together Agile and DevOps — and the resultant continuous delivery and deployment chain — is truly worthwhile.

Years ago, I started down the track of data democratization upon reading some Cutter Consortium Executive Reports, where the authors generally posited that if you want to manage an asset better, you must manage the data around the asset better. That may be all you have to do. But since we have to manage our companies through data, we need lots of people to do it. Hence, we need data democratization. In this Advisor, we explore how organizations can achieve data democratization.

The increasing importance of a coherent organizational strategy to maximize the exploitation of data for grow­ing a digital business is clear. There is a need to locate, consolidate, classify, and access the necessary data — often data of many different formats stored in different areas of the enterprise as well as external data — to drive many different aspects of a successful digital business. To achieve these types of capabilities in an efficient and scalable manner, the digital business needs to be able to identify, extract, transform, contextualize, and dis­tribute the necessary data. The data warehouse or data lake is a critical part of this data ecosystem, and many different aspects of the digital business can exploit this resource in a consistent way by means of a shared metadata framework.

Among the most important developments concerning AI and blockchain are the new, emerging business models, enabled by these technologies, that are beginning to appear in various industries. This is especially true when it comes to fintech, and the combining of blockchain and AI to create new financial platforms that can provide virtual banking services to people who currently are not served or who are underserved by more traditional banking services offers a good example.

As a leader, you don’t have to be the one who conceives innovative ideas, but you do need to pave the way for curious and creative employees. Join Professor Roberto for this discussion on unlocking creativity and start removing obstacles to the creative process, and supporting an atmosphere of imagination and innovation in your organization.