BANK OF SYDNEY such a significant investment programme underway.”
This approach ensures the bank can benefit from ongoing partner investments in emerging technologies. Partner investments in AI will become available through the integrated platform, ensuring Bank of Sydney can access advanced technologies without having to resort to direct investment in capabilities beyond its core expertise.
The platform’ s benefits extend beyond future innovation to immediate operational improvements.
The modernised infrastructure is improving regulatory compliance through automated reporting and enhanced data management, reducing operational overhead whilst ensuring adherence to evolving requirements.
This improvement frees up resources for customer-focused activities rather than administrative compliance tasks.
Perhaps most significantly, the flexible platform architecture is creating new product development opportunities that were previously impossible.
The bank can now rapidly deploy new capabilities as market conditions evolve, supporting innovation while maintaining operational stability.
“ From there, we can move to a continuous improvement model which gives us the best chance of growth,” Geoff concludes. fintechmagazine. com 95