Recap of Model Awards Program 2023 | Maximizing Value in an Increasingly Complex Technology Ecosystem
A Fireside Chat at I&I Day 2023
Financial institutions have spent the last few years separating their technology stacks into reconfigurable, modular components. At the same time, the trend toward open banking and embedded finance has prompted various industries and financial institutions to expand their ecosystem strategies and rethink how they engage with various partners. How can financial institutions maximize their market value in today’s increasingly complex financial technology ecosystem?
The following is a summary of the fireside chat between Patrica Hines, Celent’s Head of Corporate Banking, and Chris DeBrusk, a partner at Oliver Wyman, at the Celent Innovation & Insight (I&I) Day 2023. Optimizing technology strategies is an inevitable topic for financial institutions as they explore the potential of emerging technologies, including large language models (LLMs).
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