Gartner Research

Industry Vision: Bank CIOs, Identify Your Readiness to Embark on Open Banking

Published: 25 June 2019

ID: G00385603

Analyst(s): Stessa Cohen , Paolo Malinverno


For most bank CIOs, the future is about open banking, whether due to regulatory compliance or a more ambitious desire to access and create new forms of value. Where regulations are the primary driver toward openness, CIOs and their banks should not overlook the options to innovate and transform.

Table Of Contents
  • Key Challenges


  • Overview
  • Industry Vision Description: Banks as Platforms
    • Defining an Open Bank


  • Determine Whether the Bank Is Ready to Adopt and Develop an Industry Vision for Open Banking
    • Understand the Types of Digital Banking Strategies
    • Reconcile Conflicting Priorities
  • Create a Digital Platform for Open Banking
    • Digital Business Models
    • Digital Business Platforms
    • Marketplace
    • Business Ecosystem
    • Tools for Building an Open Bank

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