The reasons for the need for flexible, future-oriented IT becomes apparent every day in every company. First and foremost is the (end) customer who expects even the most complex services at the push of a button. In connection with this (also with increasing competitive pressure) there is a call for more and faster innovation cycles. Deadlines are getting shorter. After all, legislators are doing their best with constantly new security regulations and changing regulations to create a requirement situation that can cause dizziness among IT managers.
What does the IT look like that can successfully cope in this environment? Every decision maker wants (digitisation) projects that lead to an IT landscape with these characteristics:
Be honest: At which company does the IT landscape have these characteristics? Again and again, studies show that this is only the case for some of the companies. The following reasons mean that the above-mentioned target catalog becomes a wish list:
In addition, there is the regulatory factor for companies connected with financial services. Financial services providers are often forced to make adjustments by regulators. IT projects are carried out at high pressure in order to implement the legal requirements within the statutory period.
If prescribed adaptation projects meet an inflexible architecture, the negative consequences are preprogrammed. With each change cycle, the systems become less controllable. IT costs start to rise uncontrollably. The influence of the regulation works like a turbo, which accelerates the decay of inflexible IT architectures. A once functioning system quickly becomes a so-called IT cemetery.
If you think about modernising IT, the following approaches are available:
Only a few companies find themselves in the (luxurious) situation in which a greenfield approach can be implemented. The replacement approach often causes the replacement of something less than optimal, but does not ensure future viability. The robotic approach goes one step further, but the core of the event remains untouched - and thus the seeds are put in place for a future loss of flexibility.
The hybrid approach goes one step further: monolithic systems are gradually being replaced by fast Business Services. The horizontal structure of classically programmed IT systems gives way to a vertical structure. By encapsulating the core architecture, Business Services can be integrated quickly. They can be operated independently of one another. Cloud deployments enable additional services to be started up during operation. The architectures are increasingly developing in the direction of a modular system which the user can make use of. Standardised APIs enable the seamless integration and synchronisation of data.
Future IT architecture is summarised again below:
Your way to this architecture via afb-Consulting.
Over the course of 20 years of market experience gained through numerous projects with financial services providers, afb has acquired extensive expertise in customer specific processes, products and best practices. a detailed knowledge of the challenges in the market and the ability to develop and implement pragmatic solutions are fundamental building blocks of our success. The outcome is a collaborative effort to shape your future and work towards shared success.
Decisive for a high return of consulting, e.g. your added value is our technological expertise.
Our consulting service offers you process, functional and IT consulting, tailored to your core processes and business objectives. Based on continuous analyses, our experienced consultants examine your business processes with regard to aspects such as lead times, degree of automation, customer satisfaction and fulfilment of compliance requirements. They reveal optimisation potential and assist you in the transformation of process changes in functional and IT architectures.
Standard methods and specially developed or improved methods, such as integral process analysis, topic-driven end-to-end process optimisation and solution design, as well as context-based top-down system analyses (CTDSA) are used
Would you like to know how you can meet the constantly changing wishes of customers faster without having to fundamentally renovate your existing IT landscape? Or would you like to check how your existing IT architecture can (step by step) be converted into a modern, future-proof IT architecture?
Then just contact us - our experts, e.g. Enrico Moritz will be happy to assist you.
Our experts, e.g. Enrico Moritz will be happy to answer any questions you may have.
Did you like our business case for Future-IT-Architecture? Then keep looking around! The following is an overview of our most important business cases. These are examples of how afb customers use our IT and consulting services successfully in their individual environment.
