Digital landscape architecture for bank

Litvinov Dmitry Mikhailovich

Recent studies of financial services market indicate that heavily investing in process digitalization banks show better financial performance than rivals [1]. The majority of banks undergoing digital transformation are attracted by reduction in costs of operations and maintenance of physical branches in various regions. Nevertheless, the transformation of business processes and IT platforms is a more expensive endeavor rather than establishing a new digital bank «from a scratch» [2]. This paper addresses conceptual architecture of banking IT landscape, based on the principles of application of state of the art digital technologies and approaches to interaction with customers via digital channels.

Keywords:architecture, bank, digital technologies.