Open Bank Advisors Services

Digital transformation

It has been a natural progression from the origins of balance and transaction reporting and payment initiation to open banking today, continually driven by technology and innovation:

1970’s – 1980’s	Balance and Transaction Reporting / Home banking
1990’s	Online Banking
2000’s	Web Banking
2010 to 2020	Digital Banking
2020 to 2022	Remote Banking
Today	Open Banking

While the internet era of web banking introduced a friendly user interface that created greater adoption levels, it is back-office and core integration and the advancement of interface tools and technologies that enable true digital transformation. 

Digital business strategy drives digital transformation by identifying projects that engage customers, integrate bank and business processes, streamline operations and support thereby improving products and services.

Open Bank Advisors works with both financial institutions and Fintechs to identify and align digital technologies with business strategies and objectives with the following services:

Product	Develop / review / revise product strategy and roadmap
	Identify key tools and solutions
	Business case development
	Create “ideal” vertical solutions
	Digital services packaging, positioning, and pricing
Customer	Identify customer information sources and opportunities to streamline client integration
	Project adoption rate by customer segment
	Develop solution value proposition
	Assess digital service impact
	Develop conversion and migration plans
Sales	Assess Treasury sales organization, resources, and performance
	Leverage CRM and sales management tools
	Implement value-based selling strategies for technology solutions
	Plan go-to-market strategies and tactics
Fintech / Vendor	Business development and partnership planning
	Develop product strategy and roadmap
	Develop deal structure and operating model
	Performance tracking
	Act as vendor liaison