Finanswatch, Denmark: Cognizant’s Director and Senior Client Partner in Denmark Highlights Four Major IT Trends That Will Shape Banking

“Working with global banks on a day-to-day basis, there is a lot of excitement across four areas in particular,” says Thomas Djursoe. “These areas are: digitization, regulatory compliance, IT infrastructure simplification, and cyber security.” Excerpts:

“In 2015, more banks will start treating big data as an important strategic growth opportunity and adapt to that insight by creating new business roles such as the Chief Data Officer (CDO).

As managers and enablers of data mining, the Chief Data Officer focus is on strategies that embrace digitization, develop big data analytics capabilities and meet the demands of regulatory challenges.

As a mature banking market, Denmark is already seeing signs of these trends and customers here expect their banks to use their customer data to improve service and offerings.

Danish bank customers will be pleased to hear that focus on digitization, regulatory compliance, IT infrastructure simplification, and cyber security will ultimately enhance the banking experience in 2015.”

Click here to read the article in Danish.