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IDC PeerScape: Practices for the Successful Implementation of Connected Collaboration in Banking in Asia/Pacific

Published by IDC Product code 906082
Published Content info 11 Pages
Delivery time: 1-2 business days
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IDC PeerScape: Practices for the Successful Implementation of Connected Collaboration in Banking in Asia/Pacific
Published: August 9, 2019 Content info: 11 Pages
Description

This IDC PeerScape explores Connected Collaboration initiatives that are created by banks to transform traditional models into an open environment. The document describes five practices that are at the heart of an open banking institution, with examples and experiences from two banks that have employed Connected Collaboration initiatives. Readers will gain insights from the banks' experiences of transforming into open banking, with advice on how to design and implement these best practices."Connected Collaboration initiatives are becoming mandatory for banks that want to defend their existence and expand their market with their evolving customers and a very competitive environment. New technologies are changing customers and making the industry more competitive. This study captures the current stage of developing initiatives relating to Connected Collaboration," says Handojo Triyanto, Senior Research Manager with Asia/Pacific IDC Financial Insights.

Table of Contents
Product Code: AP44596519

IDC PeerScape Figure

Executive Summary

Peer Insights

  • Practice 1: Raise the Magnitude of the Influence-on-Market for It to Give Benefits in the Future
    • Challenge
    • Bank Rakyat Indonesia
    • Bank Danamon
    • Guidance
  • Practice 2: Promote Direct Benefits That Ecosystem Members Can Understand Easily
    • Challenge
    • Bank Rakyat Indonesia
    • Bank Danamon
    • Guidance
  • Practice 3: Be In Line with the Digital Lifestyle of Customers
    • Challenge
    • Bank Rakyat Indonesia
    • Bank Danamon
    • Guidance
  • Practice 4: Leverage New Processes and Technologies such as DevOps and Cloud
    • Challenge
    • Bank Rakyat Indonesia
    • Bank Danamon
    • Guidance
  • Practice 5: Create an Integration Strategy Covering API Technology, Type of Collaboration, and Type of Platform
    • Challenge
    • Bank Rakyat Indonesia
    • Bank Danamon
    • Guidance

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