# Reimagining Financial Systems

> In our latest report, Re-imagining Financial Systems — created in collaboration with Broadcom — we explore the shifting landscape for financial institutions and the benefits of modernizing the mainframe.

- Canonical: https://trial.futurumgroup.com/research-reports/reimagining-financial-systems/
- Kind: Research Report
- Published: 2022-04-30T04:11:45.000Z
- Updated: 2023-06-27T14:23:02.000Z
- Authors: [Steven Dickens](https://trial.futurumgroup.com/leadership-team/steven-dickens/)
- Practice areas: [Semiconductors](https://trial.futurumgroup.com/practice-areas/semiconductors-supply-chain-emerging-tech/)
- Tags: banking and financial services, Broadcom, digital transformation of financial services, Mainframe, mainframe modernization, modernizing the mainframe
- Access: The full report, its underlying data and the analyst time behind it are available to Futurum clients. The body served here is the report’s public summary and is free to read, quote and cite with attribution.

The financial sector has undergone a dramatic shift in the last decade. Customers want a more consolidated, personalized experience, regulatory demands have increased, and outside pressures like cyber threats have put an unprecedented level of stress on banking and financial institutions. To further complicate this, the macro-economic and geopolitical landscape is more turbulent than any point in recent history. To compete and win in this marketplace, banks and financial institutions need to operate at the pace of a crypto start-up but also continue to deliver hard-earned trust and integrity at scale. The underlying infrastructure in many financial institutions relies on core systems powered by the mainframe. With a dynamic hybrid cloud architecture, the right security posture, a robust API network, and IT operations that rely on new technologies, the mainframe is positioned to drive financial transformation without sacrificing the power of existing operations. That is why financial institutions must evaluate their current environment with a renewed focus on core platforms to drive agility and further navigate the changing environment. In our latest report, Reimagining Financial Systems — created in collaboration with Broadcom — we explore the shifting landscape for financial institutions and the benefits of modernizing the mainframe. In this brief you’ll learn: The current state of the financial industry An overview of challenges faced by financial organizations Why agility into core systems is table stakes Mainframe’s role in the hybrid cloud Key considerations for modernizing the mainframe for reimagined financial systems Financial institutions have an opportunity to reimagine their mainframe deployments to further drive digital transformation across the organization. If you’re interested in learning how to modernize your mainframe, download your copy of Reimagining Financial Systems today. In partnership with: Download Now