Key Financial Services Trends to Watch Right Now
Uncover pivotal trends shaping financial services in 2025. Learn how AI, embedded finance, and personalized wellness strategies are crucial for financial professionals and analysts.
Financial Services
News, trends, and insights about the financial services industry.
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Workday Podcast | The Data Equation: Solving for Speed, Scale, and Accuracy in Business Transformation
To thrive in today’s rapidly evolving business landscape, financial services organizations must harness the power of their data. Join us on Workday Shift: Moving Financial Services Forward for a conversation with Lee Vanderpool, chief accounting officer at General Atlantic. Vanderpool reveals how extracting key insights from data fuels competitive advantage and enables agility in decision-making.
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5 Industries Where AI Is Having An Impact Today
Across sectors, AI is offering solutions to challenges once considered unsolvable and powering new levels of scalability, productivity, and innovation.
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Workday Podcast | Make Your Move: The Future for FSI with Forrester
In an era of constant change, staying ahead of the curve is crucial. In this installment of the podcast series Shift: Moving Financial Services Forward, we talk with Oliwia Berdak, financial technology research director at Forrester Research. We caught up with Berdak to talk about Forrester’s predictions for 2025 and beyond
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Workday Podcast: Integrity’s People-First Approach to Large-Scale Growth
Dallas-based broker Integrity maintains a positive employee culture by focusing on its people—and employee-friendly technology is a big component of that. Integrity’s Chief People and Culture Officer Rachelle McReynolds shares insights.
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Workday Podcast: The Tech Talent War and the Secret Weapon
In an era of constant change, staying ahead of the curve is crucial. In this installment of the podcast series Shift: Moving Financial Services Forward, we talk with Circle’s chief people officer about the talent management challenges shaking up the financial services industry.
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Workday Podcast: How AI Supercharges the Future of People and Skills
How can HR leaders ensure their people have the right skills for the future? In this episode, Sharon Wingfelder, CHRO at First American Financial, joined Emma Chalwin, CMO at Workday, to talk trends in HR, getting the most out of AI, and cultivating a positive workplace culture.
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Workday Podcast: What CIO Really Stands For
The CIO role is no longer just about information. It’s also about interoperability. The ability of your systems to talk to each other is at the heart of all enterprise ambition—particularly in financial services. In this installment of our podcast series Shift: Moving Financial Services Forward, Stout CIO Stacy Carron discusses why interoperability is at the heart of CIO success.
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Workday Podcast: How Allstate Created a Consumer-Grade Employee Experience
Embracing technology to adapt and grow is essential for insurance companies, but how can they prepare for the big change that comes with it? Bob Toohey, EVP & CHRO at Allstate, shares how AI can help build a better employee experience—and how leaders can help their organizations and people transform.
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The Future Is Now: Investment Management’s Digital Transformation
In a new report, industry experts from Deloitte and Workday explain where the investment management industry is headed and how leaders can adapt.
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Workday Podcast: AI for Financial Services: Beyond the Comfort Zone
Financial services has been using AI for years, but what’s the next step with this transformative technology? Nicole Carrillo, managing director of financial services at Workday, talks with PwC’s Vikas Agarwal about everything AI in this installment of our podcast series, Shift: Moving Financial Services Forward.
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Creating a Modern Insurance Organization
How can insurers take advantage of AI, and why is data quality so important? We explore key takeaways from a new report from Celent, including what companies can do to create a modern insurance enterprise.
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Banking and Capital Markets Industry Outlook: 4 Realities Shaping the Future
As financial services companies continue to grapple with many challenges, they’ll achieve agility with new technologies—including AI—and smarter talent management strategies.
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Video: Accelerating Innovation in Insurance
In this video, learn how insurance industry leaders can help their companies better compete by adopting technologies such as AI and partnering with Workday.
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How AI Can Help Solve the Insurance Industry’s Talent Crisis
The insurance industry is facing a steep talent shortage. One way industry leaders can shore up a growing skills gap? By leveraging AI and machine learning (ML) to power automation and deliver insights to evolve workforces.
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The Changing Financial Services Workforce: 5 Advantages of a Vendor Management System (VMS)
As the external workforce in the financial services sector grows, the need for technology to manage contingent workers grows with it.
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4 Ways the Contingent Labor Provides Workforce Solutions for Financial Services
External workers are an essential part of any workforce, but in the financial services industry, they have become the solution to many labor struggles.
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Workday Financial Services Innovation Awards Winners 2023
It’s our privilege to honor financial services customers who are driving transformation and reimagining how their future works. Read on to learn this year’s category winners for the Workday Industry Innovation Awards.
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How AI and ML Will Help Banks Build the Next-Gen Workforce
Artificial intelligence and machine learning can transform employee data into a talent advantage. They help organizations use strategy rather than luck or hope to find the right hires—and develop a stronger workforce.
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How Franklin Templeton Transformed Its Finance Organization
Franklin Templeton’s acquisition of Legg Mason doubled its assets under management—and provided an opportunity to transform how its finance team works. Read more in this conversation with leaders from Franklin Templeton and Workday.
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How AI and ML Are Transforming Banking and Capital Markets
Artificial intelligence (AI) and machine learning (ML) are already helping transform the banking and capital markets industry. And there are big opportunities ahead—86% of financial services AI adopters say the technology will be essential to their success. Learn how banking leaders can use AI and ML and prepare for what’s coming next.
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Workday Podcast DevTalk: Building Impactful Developer Teams
Anu Parthiban, senior manager of HR technology at Discover, discusses her personal journey to becoming a developer. She also shares her insights on building applications on Workday and the inspiration that drives her as a leader.
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Workday Podcast: People First: Workday’s Role in Financial Transformation at Cushman & Wakefield
The head of finance systems at Cushman & Wakefield shares Workday’s role in the company’s transformation journey, and why people are at the center.
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The Future of Banking and Capital Markets: 4 Trends to Bolster Resiliency
Facing a volatile environment, pressure from upstart competitors, and soaring customer expectations, the banking and capital markets industry will need flexibility and smart planning to succeed. Read on to learn the opportunities and technologies that can best prepare the industry for success.
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What Financial Services Firms Can Learn From The Tech Giants
In a highly regulated financial services industry, gaining insights and simplified reporting capabilities are essential. Learn how companies can solve their most pressing needs and be more agile with Workday’s Industry Accelerator for Banking and Capital Markets.
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The Future of Insurance: Aiming for Agility
Rising climate change risks, heightened consumer expectations, and a dearth of tech talent loom large among the insurance industry’s near-term issues and opportunities. Industry experts share how these demands—and more—will shape the industry in the years to come.
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Workday Podcast: DevTalk: Sun Life Enables Digital Resiliency
Eric Chung, director of HR systems at Sun Life, shares how the organization delivers innovation while supporting changing business needs with Workday Extend.
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An M&A Wave Is Coming to Financial Services. Are You Ready?
Why—and how—companies can speed and smooth integration by prioritizing data and strategic change management.
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Video: Best Practices for Creating a Finance-Driven ESG Strategy
Leaders from KeyBank and Workday share insights on how to develop a finance-driven environmental, social, and governance (ESG) strategy designed to deliver sustainable advantage and value.
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How Cushman & Wakefield Deployed Digital Transformation
Neil Johnston, global CFO at Cushman & Wakefield, shares insights into the global real estate firm’s digital transformation and the benefits clients and employees have experienced because of it.
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Workday Podcast: How Banking and Capital Markets Can Innovate and Thrive
Banks and investment organizations face increased pressure and complexity with reporting and accounting requirements that call for speed, accuracy, and data insights. John Van Puffelen of PwC and Jay Rabinowitz from Workday discuss financial services trends and the role of Workday’s Industry Accelerator for Banking and Capital Markets in empowering companies to more quickly innovate and streamline their operations.
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Workday Podcast: Transforming Banking and Capital Markets
In a highly regulated financial services industry, gaining insights and simplified reporting capabilities is essential. Learn how companies can solve their most pressing needs and be more agile with Workday’s Industry Accelerator for Banking and Capital Markets.
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Workday Podcast: Helping Insurance Firms Accelerate to the Cloud
Insurance companies must innovate and transform their finance, human resources, and planning operations to adapt to a changing world. Dave Zager from Deloitte and Jay Rabinowitz from Workday talk about the trends impacting companies, embracing tech to fuel growth, and how Workday’s Industry Accelerator for Insurance can help.
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Workday Global Study: Financial Services Industry Leaders Share Their 3 Biggest Digital Opportunities
Our survey found that only 38% of financial services leaders are confident in their ability to make data-informed decisions in real time. Workday’s Pete Rutman discusses what this means for the industry and its digital growth.
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Banking’s Digital Transformation: A View Into the Near Future
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.
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4 Trends Shaping the European Banking Sector, Part 2
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.
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What the Next Generation of Future-Ready Insurance Leaders Will Look Like
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.
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How ESG Strategies Help Banks Protect Profits and the Planet
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.
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4 Trends Shaping the European Banking Sector, Part 1
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.
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CFOs Can Create a Business Culture That Embraces Change and Generates Value
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.
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How N26 Is Delivering Digital Disruption Across Global Banking
German neobank N26 is disrupting the banking market and paving the way for a new generation of financial services companies.
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3 Industries Driving Customer-Centered Innovation With Cloud Technology
Learn how three industries are driving the “last mile of industry innovation” with the right cloud partner.
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Planning for Volatility: Elements and Strategies CFOs Need to Succeed
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.
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What Financial Services Companies Should Do When Cost Cutting Isn't Enough
In the face of ongoing pressures, financial services institutions should optimize procurement to reduce costs without operational and customer-facing disruption.
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Finance Leaders Discuss Why ESG Is an Imperative for Business Growth
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.
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H&R Block Digitizes for the Future
Two H&R Block executives share learnings from the company’s digital transformation journey during Workday’s Conversations for a Changing World event.
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Increasing Finance Operations Efficiency at First Sentier Investors
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.
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How European Finance Leaders Are Preparing for a Post-Pandemic World
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.
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Workday Industry Insights EMEA: Accelerating the Journey to Becoming a Digital Enterprise
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.
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Pandemic-Era Employee Benefits Are Here to Stay
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.
Top CFOs Say This Is Their Biggest Pain Point
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.
It’s All in the Details: How Data-Rich Subledgers Fuel Financial Agility
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.
Workday Industry Insights Europe: Technology and Data Strategies for Financial Services
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.
Announcing the Winners of the Workday Partner Industry Innovation Awards
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.
How Sun Life Uses Workday Extend and People Experience to Engage Employees
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.
Equiniti and Netflix: Finance Transformation in the Age of Disruption
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.
How Banks and Insurers Can Turn Quantities of Data Into Quality Insights
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.
The Skills Movement: Building a Sustainable and Equitable Future for Global Workers
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.
H&R Block and Workday: The Power of Partnership
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.
Workday to Acquire Platfora
Workday has signed a definitive agreement to acquire Platfora, a leading provider of operational analytics and data discovery tools that enable companies to visually interact with and analyze petabyte-scale data in seconds. Read more from EVP Mike Frandsen.
