2024 State of Application Strategy

Delve into these highlights

Financial services organizations continue to lead digital innovation amid ongoing escalation in the expectations of account holders. In fact, more than 80% of financial services organizations are deploying AI assistance—despite a lack of data system maturity that decision makers call their #1 blocker to AI deployments at scale.

These and other results of our tenth annual State of Application Strategy survey reveal financial services organizations facing considerable challenge. Even those not neck-deep in AI juggle API numbers that continue to explode. A financial services organization today manages 601 APIs, on average, even more the typical number of apps.

This volume not only adds to management challenges but exposes organizations to considerable risk from API-targeted cyberattacks. Meanwhile, AI deployment is only entrenching use of hybrid, multicloud deployments, complicating security and offering IT teams little relief. Read the report to discover emerging solutions for these and other IT challenges in the financial services industry today.

Read the report to learn: