Corporate banks can establish a successful digital strategy by following digital business rules: digital experience, operations, innovation, and ecosystems. Enterprise clients want improved service and innovation. Corporate banks that value real-time analytics and innovation over cost are digital leaders. These banks have insights-driven CFOs.​

1. Four Areas Of Focus For
Corporate Banking’s Digital
Innovation

2. Jens
Martensson
2
• Corporate banks can establish a successful digital strategy by following digital
business rules: digital experience, operations, innovation, and ecosystems.
Enterprise clients want improved service and innovation. Corporate banks that
value real-time analytics and innovation over cost are digital leaders. These banks
have insights-driven CFOs.
• Every second CFO in leading FIs prioritized cloud, data and analytics, and legacy
business app upgrades. Corporate banks are upgrading their finance and
accounting software to manage their finances better.

3. Jens
Martensson
3
The Disruptors Gameplan
• Apple, Amazon, Google, Paytm, WeChat, and Alipay are replacing credit
card/online payments.
• Digital wallets are replacing cash/cards/ATMs.
• Real-time payment services that eliminate cheques and internet payments.
P2P lending services like Lending Club are growing more attractive than
conventional financing.
• Monzo and N26 offer mobile-first current accounts

4. Jens
Martensson
4
Four-Pronged Approach for Digital Innovation in Corporate
Banking
1. Digital ecosystems
2. Digital experience
3. Digital innovation
4. Digital operations

5. Jens
Martensson
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6. Jens
Martensson
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Guiding Trends influencing Corporate Banking
Internet-enabled solutions improve demand, supply, and supply chain fulfillment operations.
Mobile Connection – Mobile networks are cheaper than fixed-line ones and have permitted rapid infrastructure build-
up, bringing vast segments of a previously unreachable audience into the “consumption” economy.
Data Availability – Digital methods have increased data availability, both financial and non-financial (social media,
geotagging, AI-based models, etc.)
Decreased Cost of Acquiring and Serving Customers – By process automation, digital technologies are helping
banks lower their client acquisition and service expenses.
Trust-based Transactions: Digital social identities enable new ways to identify, monitor, assess, score, engage, and track
customers. A digital footprint’s objectivity provides strong incentives to play fair and align transactional parties.
Cloud > Physical Infrastructure – Most firms, especially services, can now develop geographically. Businesses can now
serve customers in various countries.
Cloud-based distributed and “pay-as-you-go” scalable infrastructure makes scaling businesses faster and
cheaper..

7. Jens
Martensson
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 Conclusion
Corporate banks must accelerate their digital transformation after Covid-19.
Corporate banking is behind retail banking in change. To succeed, corporate
banking teams need a digital vision and plan that considers cash and liquidity
management, payables and receivables, and trade and supply finance trends

8. Jens
Martensson
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About Maveric Systems
Starting in 2000, Maveric Systems is a niche, domain-led Banking Tech specialist
partnering with global banks to solve business challenges through emerging
technology. 3000+ tech experts use proven frameworks to empower our customers to
navigate a rapidly changing environment, enabling sharper definitions of their goals
and measures to achieve them.
Across retail, corporate & wealth management, Maveric Systems accelerates digital
transformation through native banking domain expertise, a customer-intimacy-led
delivery model, and a vibrant leadership supported by a culture of ownership.
With centers of excellence for Data, Digital, Core Banking, and Quality Engineering,
Maveric Systems teams work in 15 countries with regional delivery capabilities in
Bangalore, Chennai, Dubai, London, Poland, Riyadh, and Singapore.

9. Thank
You
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Original Source: https://maveric-
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bankings-digital-innovation//
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