Rewiring Banking: Sibos 2025 Insights on Digital Transformation

Rewiring Banking: Sibos 2025 Insights on Digital Transformation
The Imperative for Fundamental Change in Banking The global banking sector finds itself at a pivotal juncture as it navigates the complexities of an evolving financial landscape. The year 2026 dawns with an increasing number of profound, existential questions facing established financial institutions. Central to these discussions is the pressing concern of how to construct the future of money while simultaneously upholding the foundational trust that underpins the entire system. Digital transformation, which has been a buzzword in financial services for years, is now transcending mere cyclical upgrades. It presents a fundamental choice: to either incrementally adapt or to undertake a radical reinvention of core banking infrastructure. This reinvention is driven by a world increasingly shaped by tokenized assets, sophisticated artificial intelligence (AI) core systems, and the imminent widespread adoption of digital currencies, with even nascent quantum applications beginning to emerge o…