A Gartner® Report

Key Building Blocks for

Digital Banking Platform’s Success

'A DBP provides the capabilities that enable banks to better unify and accelerate app development and delivery, as well as customer-business and partner-employee experiences.” - Gartner®

Seventy per cent of banking respondents to the 2024 Gartner® CIO and Technology Executive Survey ranked excel in customer experience among their top three critical outcomes from digital technology investments."

 

According to Gartner, "Banks worldwide are investing in fine-tuning direct digital capabilities and increasing adoption of digital channels by delivering value, not just smooth customer experience. This research will help CIOs design and operationalize digital banking platforms for fine-tuning direct digital capabilities." Also, "CIOs are tasked with designing and building a digital banking technology platform to execute their digital business plans"

“Demonstrate the DBP’s transformational role to the board of directors, CxOs and LOB leaders by using the Gartner® DBP model to provide full clarity on the platform’s potential and business purpose.

Building a DBP That Delivers Value and Meets Strategic Business Objectives

Gartner®  has worked with hundreds of Bank CIO clients and learnt about the shape and maturity of innovations in banking to help them define and deliver the digital business methodology that best fits their organizations’ strategic ambitions. 

Addressing these concerns, Gartner®  created a DBP model — a set of design principles and key architectural building blocks — to:

  • Articulate both strategic intent and IT capability by acting as a common language to achieve business-IT alignment.

  • Discover new use cases and enable the creation of new LOBs.

  • Highlight guiding design principles that will ensure the DBP demonstrates sustainable business value.

  • Get more granular in defining platform components and their level of priority according to business requirements.

  • Map functional capabilities with tools and technology solutions that support them so that the supply side can clarify their real expertise and propose a relevant roadmap.

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GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner,

[1]Key Building Blocks for Digital Banking Platform’s Success
Ali Merji, Christophe Uzureau, Don Free, Jeff Casey,
4 October 2023. 

 

About Us

Altimetrik is a data and digital engineering services company focused on delivering business outcomes with an agile, product-oriented approach. Our digital business methodology provides a blueprint to develop, scale, and launch new products to market faster. Our team of 5,500+ practitioners with software, Data, and Cloud engineering skills help create a culture of innovation and agility that optimizes team performance, modernizes technology, and builds new business models. As a strategic partner and catalyst, Altimetrik quickly delivers results without disruption to the business.