Once considered optional, the cloud is quickly becoming essential. The silver lining? Cloud-based solutions can help banks jettison legacy architecture. Learn more: https://www.accenture.com/us-en/insight-investment-bank-challenge-07-moving-to-cloud?c=fs_cmfy17sldshr_10000007&n=smc_0517

1. 07TOP 10
CHALLENGES

2. CHALLENGE 07 - Top 10 Challenges for Investment Banks
CHALLENGE 07
ACCELERATING THE
JOURNEY TO CLOUD
TOP 10 CHALLENGES FOR
INVESTMENT BANKS 2017
#IBTOP10
2

3. CHALLENGE 07 - Top 10 Challenges for Investment Banks
ACCELERATING THE JOURNEY
TO CLOUD
3
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02
03
04
05
06
07
08
09
10 GETTING FIT
AUTOMATION
LOCATION
STRATEGY
DIGITAL
TALENT
CLIENT EXPERIENCE
JOURNEY
TO CLOUD
INNOVATION
RESEARCH
FUNCTION
BLOCKCHAIN
PRUNING FOR GROWTH

4. CHALLENGE 07 - Top 10 Challenges for Investment Banks
OF CAPITAL MARKET
INSTITUTIONS
4
According to Accenture’s 2016 Technology Strategy Survey:
BUT
60%
say cloud-based entrants will challenge
traditional business models.
OF BANKING
RESPONDENTS90%
agree that the cloud can help businesses
stay at the forefront of innovative adoption.

5. CHALLENGE 07 - Top 10 Challenges for Investment Banks
ACCELERATING THE JOURNEY
TO CLOUD
5
Over the years, organizations
have built, accumulated and
maintained layer upon layer
of proprietary technology.
Today, they face a complex
web of legacy IT systems
that makes new revenue
generation, risk management
and automation tricky.

6. CHALLENGE 07 - Top 10 Challenges for Investment Banks
ACCELERATING THE JOURNEY
TO CLOUD
6
Shifting to external ecosystem utilities and cloud-based
solutions, including:
INFRASTRUCTURE
as-a-Service
PLATFORM
as-a-Service
SOFTWARE
as-a-Service
BUSINESS PROCESS
as-a-Service
could help organizations ride the wave of disruption.

7. CHALLENGE 07 - Top 10 Challenges for Investment Banks 7
ACCELERATING THE JOURNEY
TO CLOUD
How could external ecosystem utilities and cloud-based
solutions help?
Three key ways:
TRANSFORMING
COST MODELS
SUPPORTING TOP-
LINE GROWTH
FACILITATING
REGULATORY
COMPLIANCEinto elastic, pay-
per-use models
with innovation and
faster times to market

8. CHALLENGE 07 - Top 10 Challenges for Investment Banks
ACCELERATING THE JOURNEY
TO CLOUD
8
Infrastructure-as-a-
Service (IaaS) and
Platform-as-a-
Service (PaaS)
could:
Drive optimization of
existing IT within banks
Simplify and standardize
IT estates
Reduce costs

9. CHALLENGE 07 - Top 10 Challenges for Investment Banks
ACCELERATING THE JOURNEY
TO CLOUD
9
expect to use hybrid Platform-as-a-Service (PaaS)
and Infrastructure-as-a-Service (IaaS) solutions
within three years.
1/3 OF CAPITAL MARKET
INSTITUTIONS

10. CHALLENGE 07 - Top 10 Challenges for Investment Banks
ACCELERATING THE JOURNEY
TO CLOUD
10
CREATE NEW CLOUD-
ENABLED OPERATING
MODELS
MOVING IN-HOUSE
TECHNOLOGY AND
PROCESSES TO AS-A-
SERVICE MODELS
BY
Software-as-a-Service (SaaS) and Business Process-as-
a-Service (BPaaS) could help:

11. CHALLENGE 07 - Top 10 Challenges for Investment Banks
ACCELERATING THE JOURNEY
TO CLOUD
11
Evolution to an external ecosystem
Today Future
Bank owned
operating platforms
External cloud
ecosystem
Hybrid Hybrid Hybrid

12. CHALLENGE 07 - Top 10 Challenges for Investment Banks
ACCELERATING THE JOURNEY
TO CLOUD
12
Within financial services, security and regulatory concerns
have been among the biggest obstacles to cloud adoption.
What rules, if any,
apply to cloud-based
outsourcing?
How should financial
accountability and
liability be assigned?
To what extent do
these rules vary by
jurisdiction?
How do we balance
speed and agility
with security?

13. CHALLENGE 07 - Top 10 Challenges for Investment Banks
ACCELERATING THE JOURNEY
TO CLOUD
13
Four steps to accelerate the journey to cloud
01
Define your cloud strategy.
Assess the processes,
applications and data
required for a BPaaS/
SaaS solution.
Define the hybrid
PaaS/IaaS strategies
for all remaining
in-house solutions.

14. CHALLENGE 07 - Top 10 Challenges for Investment Banks
ACCELERATING THE JOURNEY
TO CLOUD
14
Four steps to accelerate the journey to cloud
02
Define your target cloud architecture
and platforms.
Choose private platform
and hyper-scale cloud
partners that fit your
cloud ecosystem.
Establish appropriate
hybrid cloud brokerage
and orchestration to
support your evolution.

15. CHALLENGE 07 - Top 10 Challenges for Investment Banks
ACCELERATING THE JOURNEY
TO CLOUD
15
Four steps to accelerate the journey to cloud
03
Future-proof your applications.
Migrate strategic
proprietary apps from
legacy architectures
to PaaS containers.
Redeploy IT solutions
to public IaaS and
PaaS as they mature.

16. CHALLENGE 07 - Top 10 Challenges for Investment Banks
ACCELERATING THE JOURNEY
TO CLOUD
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Four steps to accelerate the journey to cloud
04
Develop a multi-speed IT operating model.
Make sure it addresses the organizational,
architectural, governance and business
engagement needs that might arise when
introducing anything-as-a-service models
alongside traditional, in-house and bespoke
delivery methods.

17. CHALLENGE 07 - Top 10 Challenges for Investment Banks
ACCELERATING THE JOURNEY
TO CLOUD
17
The banks that thrive in
this generation of industry
evolution could be those
that adopt a new paradigm
in the delivery of IT and
operations—a pragmatic,
value-driven everything-
as-a-service orientation.

18. CHALLENGE 07 - Top 10 Challenges for Investment Banks
TAKE THE
NEXT STEP
18
www.accenture.com/10challenges