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Banking IT services and solutions

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2024 Global Outlook for Banks and Financial Markets
Regenerate the banking industry with AI

Generative AI can help streamline and optimize the operation of core banking systems and financial services. With artificial intelligence capabilities, banks can:

  • Overcome skill shortages with accelerated code development

  • Reduce operational downtime

  • Oversee risk management and compliance

  • Drive digital transformation

  • Enhance customer experience

  • Accelerate application modernization

  • Reshape onboarding and employee experience 

  • Boost efficiency in business processes

In fact, by enabling end-to-end data integration and automating workflows, AI can help corporate banking operations and retail banking transform from fragmented business models to a data-driven supply chain.

IBM has led innovation in the financial services industry for more than 100 years. As a trusted partner to more than 90 of the world’s largest banks, our hybrid cloud and AI capabilities help banks adopt new technologies, elevating their digital experience with advanced digital banking solutions, and driving profitability in the evolving retail and commercial banking landscape.

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  State of AI in the banking industry in 2024

Use cases

See some of the real-world applications for AI in banking

Application modernization Customer service Marketing Finance-BPO Supply chain IT Ops

Banking solutions and financial products

watsonx Assistant

Meet customer expectations consistently and intelligently with cutting-edge, conversational AI

Financial services consulting

Enlist IBM expertise to modernize digital core systems for banking

Hybrid cloud

Generate new levels of efficiency while increasing capacity and productivity with application resource management on a hybrid cloud

IBM Storage FlashSystem

Improve resiliency, response, data management and operational efficiency with a cloud-based storage

IBM Z

Explore mainframe application modernization solutions that modernize simply, using generative AI

Cybersecurity

Protect on-premises and cloud investments, manage financial risk and secure data across environments

Case studies Bradesco

Creating a secure and innovative online banking experience using IBM® Z™ and IBM® Storage™ systems 

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Crédit Mutuel

Expert service, 60% faster: Building upon Crédit Mutuel's strength in customer service with IBM Watson

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NatWest

Reimagining a personalized, digital experience in banking to boost customer satisfaction.

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HSBC

Using AI to identify potential high-growth stocks

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Ikano Group

Charting a path to meet sustainability goals using Envizi ESG Suite’s reporting data governance and workflow tools

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Crédit Agricole Group

Implementing a SaaS analytical solution to better manage IT expenses

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Trends in banking technology

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