Technology strategy make or break banks' CEOs
The aftermath of the January earning call of #jpmorgan have certainly been chaotic. Nevertheless, interesting to note how the trends highlighted by Jamie Dimon place again technology at the center piece of the picture.
> Following $2b investments on core IT (datacenters),
> the proposed next steps leverage a spending of $15b on new IT projects (~$11b last year).
After years underground... technology has not only moved to the Banks board level but now make or break CEOs!
Technology is not only considered for its strategic role, but also for its massive costs. Leveraging technology to improve business services and bank resilience are more complex than ever... gladly most of the time for the client benefits.
think encore!