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ViewpointDecember 18 2023

Leda Glyptis: Stop adding to and start reinventing banking

The past 30 years has left a technological mess at many banks — now is the time to change.
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Leda Glyptis: Stop adding to and start reinventing banking

When I started my career in financial services 20 years ago, the IT team was still in the basement of our imposing office. Writing software was a multi-year process that started with detailing exactly what you needed in a business requirement document upfront, then waiting patiently for tech teams to build what you thought you described, with a big reveal at the end — several months or occasionally years later.

In that time, your needs and regulatory constraints may have shifted and the people behind the original ask may have left the bank.

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