IDC, Hitachi and FTI Consulting hosted a webinar where we discussed key digital capabilities financial services leaders need to implement to improve digital trust and tackle financial crime.

Digital transformation, open banking, and the rise of new technologies have challenged the status quo of traditional financial services. Digital and mobile banking environments are helping reimagine financial customer services and products.

But in the digital world, banks need to build digital trust, and are also expected to manage fraud across omnichannel, compliance, enhance risk management capabilities and develop a single, unified view of fraud risk.

These strategic goals are making Digital Trust and Stewardship the cornerstone initiatives for successful Financial Services transformation. In fact, IDC predicts that 55% of European spending on security services will be devoted to developing, implementing, and maintaining a ‘trust framework’ by mid-2023, thanks to the business criticality of security and anti-financial crime mandates rising. Given the impact on the bank's business and the growth and access of data, FSIs need to get better at data management, data security, data governance and essentially instrumentalize data analytics to automate digital trust and get better insights.

What does a non-proprietary smart data platform look like, one that helps you avoid technology vendor lock-in, enabling you to fully exploit and leverage your existing investments in infrastructure and tooling?

Listen to IDC analysts, FTI Consulting and Hitachi Vantara in this webinar where we will discuss key digital capabilities financial services leaders need to implement to improve digital trust and tackle financial crime. Learn how you can strengthen your organization's

• 360 Customer Due Diligence
• Financial Crime Threat and Control Vulnerability Analytics
• Internal Investigations, Detection and Remediation

These capabilities built on modern processes, technology, data foundation can lead to a Trusted Digital Financial Services of the Future.