The Role of the Contract in Banking and Financial Services Transformations
Banks and diversified financial services institutions continue their transformation journeys amid increasing regulations and challenging market conditions. For many, transforming aging technology and digitizing manual processes will provide scale, improve the customer experience, and enable future growth initiatives.
To support these initiatives, emerging technologies related to the “contract” and contract intelligence can play a critical role. Regulators are also willing to accept emerging technologies in compliance activities, ensuring the repeatability of risk processes where the variation of human activity exists. Like other industries, financial services have an opportunity to leverage innovations that cloud computing has made possible and benefit from technologies that continue to evolve at rapid speed.
Join our panel discussion to learn how firms view contract intelligence as a critical component to enable products and services, manage third-party risk, meet regulatory and compliance demands, and fully realize the value of each relationship.
The panel will explore the following:
- The technology outlook for banking
- The importance of customer-centricity
- The important role that contract lifecycle management (CLM) is playing in transformation initiatives
Financial Services & Insurance
Managing Director - NA Finance & Risk Services Banking