News, trends, and insights about the financial services industry.
Amid a rapid pace of change, banks are undertaking digital transformations that help them operate faster and better. A new industry perspective paper from PwC and Workday details what can set future leaders apart.
In this article, we’ll discuss the challenges facing the European banking sector, the risks and barriers organisations face on the path to digital transformation, and how the sector will benefit from increased agility.
To best meet intensifying challenges, insurers are becoming digital leaders—adopting cloud-based management platforms that make the most of their wealth of data. In a new report, industry experts from KPMG and Workday explain how insurers can rethink their strategies.
Sustainable and socially responsible investments can boost growth while also building a brighter future. Workday’s Pete Rutman discusses how banks need transparent reporting to make a meaningful impact.
The banking sector has long been ripe for transformation. Yet, legacy technologies have often prevented wholesale digital change. We’ll take a look at two challenges facing the European banking sector and the risks facing organisations on the path to transformation.
As cloud-based technologies take over traditional finance tasks, today’s CFOs are focusing on creating value and driving decisions. Finance leaders from AICPA, Franklin Templeton, Snowflake, and Workday share four principles of value creation: agility, insight, collaboration, and innovation.
German neobank N26 is disrupting the banking market and paving the way for a new generation of financial services companies.
Learn how three industries are driving the “last mile of industry innovation” with the right cloud partner.
CFOs at Broadridge, DocuSign, and Trivago have relied on their diverse professional experiences to lead during the pandemic-related uncertainty of the past few years. They spoke about their priorities during a recent Fortune virtual event.
In the face of ongoing pressures, financial services institutions should optimize procurement to reduce costs without operational and customer-facing disruption.
How can companies “walk the talk” to create value for society and improve business outcomes by investing in environmental, social, and governance (ESG) efforts? Barbara Larson, a finance leader at Workday, joined McKinsey & Company partner Giulia Siccardo and Ann Dennison, executive vice president and CFO at Nasdaq, to discuss this topic and more at Conversations for a Changing World.
Two H&R Block executives share learnings from the company’s digital transformation journey during Workday’s Conversations for a Changing World event.
When First Sentier Investors was acquired, company leaders only had six months to stand up an all-new financial management platform. The CFO of First Sentier Investors shares how the company transformed its reporting, analysis, budgeting, and forecasting processes in record time.
As businesses across Europe take the first tentative steps toward normality following the worst of the COVID-19 pandemic, attention is now turning to how to prepare for the future. Finance leaders from Workday customer companies discuss resilience, digital transformation, and some of the lessons learned.
Businesses must continue to accelerate their journey to become agile, digital enterprises that are primed to respond to unseen challenges. On 18 November, Workday Industry Insights EMEA will bring together a cross-section of industry experts who will share valuable insights on thriving in such uncertain times.
The Hartford, a leader in property and casualty insurance, group benefits, and mutual funds, shared insights from its 2021 Future of Benefits Study at the Workday Financial Services Industry Summit.
Shift happens—again and again. Yet to succeed in an ever-changing business environment, financial services industry CFOs must drive better decision making and flexibility by uniting operational and financial data in an enterprise management cloud.
Finance leaders from a variety of industries came together at a recent Fortune CFO Collaborative event to talk about the critical role of the CFO in a post-pandemic world. Read more for the highlights.
Accounting subledgers at financial services companies are data-rich resources hiding in plain sight, waiting to be tapped for insights. This article, the second in a two-part series, explores why combining operational and finance data is essential for business insights.
At our recent digital event, an IT leader at Netherlands-headquartered trading firm IMC spoke about how the ability to unlock data has served their customers, even while facing unprecedented business disruption.
The Workday Partner Industry Innovation Awards honor industry-specific solutions from our services partners built on top of Workday Prism Analytics and Workday Adaptive Planning.
Learn how the financial services company extended the power of Workday to make the employee experience smoother and more productive—especially as it looks ahead to bringing employees back to the office.
Finance leaders from Equiniti and Netflix share how they pivoted to virtually operating their company’s financials when the COVID-19 pandemic hit, and how they’re better preparing for future disruption.
Banks and insurers need to know how unprecedented disruption impacts customer behavior, and consequently, the business. This article, the first in a two-part series, explores why combining operational and finance data is essential for business insights.
Global events in 2020 have accelerated the need for new workforce skills. Leaders from Telstra and Mastercard share six strategies to maximize opportunities in a skills-based economy fueled by automation and AI.
Mastercard started the Center for Inclusive Growth to create equitable and sustainable economic growth and financial inclusion. Its president, Shamina Singh, talks about the center’s commitment to making this vision a reality for all.
Disruption is no longer a dark cloud on the horizon. It’s present and fully accounted for, and banks are transforming their planning operations with agile solutions so they can chart a course for growth—no matter what weather lies ahead.
CEOs from Cisco, Microsoft, and Nasdaq talk about a year of both tragedy and resilience, why digital technologies are critical to the health of our economy, and why companies must accelerate efforts around social justice and opportunity for all.
By prioritizing the wellbeing of its customers and employees, Prudential plc helps people get the most out of life. Jolene Chen, group head of HR, shares how the company is able to deliver on its value and purpose through a time of change and disruption.
Artificial intelligence (AI) enables business leaders to focus their time on the challenges that really matter. Workday Co-Founder and Co-CEO Aneel Bhusri, Nasdaq President and CEO Adena Friedman, and Fortune President and CEO Alan Murray share their thoughts on how AI will further shape the future of business.
As businesses rebound from the outbreak of COVID-19, the need for agility intensifies. Robert Bloor, group financial controller at Equiniti, describes how his organisation transformed its finance and HR systems to support continuous change.
Read highlights from my conversation with H&R Block CIO Alan Lowden, which took place during our virtual Workday Innovation Summit, about the company’s digital transformation experience and how he defines a true partnership.
The future belongs to financial services firms that are agile, from the business planning process to the ability to adjust to new market conditions.
:Square?wid=400&hei=400)
We invite business leaders throughout Europe to join us for the Workday Elevate Digital Experience, where you’ll hear from Workday and our customers on how to gain insights, navigate change, and keep your organizations moving forward.
Alfa’s head of information systems shares what it’s like leading IT for a global fintech company. As a full suite Workday customer, he also shares how the company is using our solutions to guide its digital transformation journey.
Here’s a quick guide to the new demands of the finance function, what you need to know about financial management systems, and how the right financial system can help companies adapt to a changing world.
Businesses must adopt new skills within their workforces to keep up with frequent advances in technology. Three HR leaders share how companies can stay ahead of emerging tech developments through upskilling and reskilling.
The baby boomer generation is the fastest-growing workforce demographic in financial services. Here’s how the industry can do a better job of leveraging the generation’s wealth of knowledge and experience.
The phrase "disrupt or get disrupted" isn't about choices. For the financial services industry, it's a mantra of survival. Learn more from Deloitte Consulting LLP about the accelerating pace of change and how the finserv industry is keeping up.
The traditional view of data is no longer a fit for the changing world of business. Just like how the printing press accelerated the dissemination of knowledge, modern innovations have furthered the power of data.
Banks that seek to leverage technology more efficiently, but don’t strive to be technology firms themselves, are best positioned to deliver the future of financial services, writes Jerry Silva of IDC Financial Insights.
Executives from IMC, a global market maker that buys and sells securities, discuss their technology journey with Workday and how that has evolved from both an IT and cultural perspective.
For years, insurers were squeezing the life out of their legacy systems as a way to avoid high replacement costs. Now, new survey results indicate, insurers realize technology underpins much of their business.
In banking, leaders across the business must take a collaborative approach toward digital transformation by starting wherever they are and meeting the front office, where customers interact, in the middle.
Claire Woolley is head of HR Technology at London-based Travelex, the world’s largest foreign-exchange provider. Woolley discusses business agility, HR innovation, and the company’s plans to stay ahead of its competitors.
This year, we’ve significantly expanded the number of industry-specific sessions we’ll have at Workday Rising. Here’s a sample of some of the stories our customers will share about successes in their industries.
To win the battle for talent, the finserv industry must adopt an age-old adage: If you can’t beat them, join them. Finserv companies will gain an edge by leveraging the same attributes that draw talent to the technology industry.
Banks that adopt compliance as a cultural practice find they gain the agility and efficiency necessary for long-term success.
The director of accounting at Shelter Insurance shares how his team is using Workday Prism Analytics to increase efficiencies, layer in data, and gain insights into Shelter's workforce and financials.
The director of accounting at Shelter Insurance shares his experience of deploying Workday HCM, including benefits they're already seeing from having financials and HR in one system.