Despite the challenging economic outlook, corporate banks continue to invest in IT to transform corporate banking into digital-first real-time modern offerings. As smaller companies expand, they need the same level of service as larger organizations, creating a demand for corporate banking solutions tailored to their needs.

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Summary

Despite the challenging economic outlook, corporate banks continue to invest in IT to transform corporate banking into digital-first real-time modern offerings, while keeping a strong focus on security and customer experience. As smaller companies expand, they need the same level of service as larger organizations, creating a demand for corporate banking solutions tailored to their needs. With advancement in technology, corporate banks have ample opportunity to address these needs and increase revenue.

SME segment offers ample opportunity for future growth

Corporate banks are seeking to evolve their offerings in response to client demand, rather than focusing on one specific area. According to Omdia’s IT Enterprise Insights 2024/25 Survey, projects linked to open banking strategy (29%), online banking (28%), and risk management (25%) are key areas for IT investment by corporate banks overall in 2025.

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