Don't Re-Engineer; Re-Imagine: Insights From BIAN Banking Summit 2025
IBM, Thursday, November 27th, 2025
'When financial institutions blow up-which they do every 15-20 years-there's some kind of a global crisis,' said IBM Managing Partner for Global Banking and Financial Markets Shanker Ramamurthy, addressing a rapt audience at last week's BIAN Banking Summit in Chicago.
The root cause of these blow-ups is usually the same, he said: 'Periodic market volatility and banking crisis exposes the central challenge of modern banking: balancing growth, cost efficiency and risk management. The hardest, yet most essential test is managing the banking trilemma-simultaneously.' Thus, he continued, in order for today's financial firms to be successful, ' We need to stop re-engineering the status quo and start re-imagining the business model. Success is no longer just about having the right strategy-it is about the execution framework used to deliver the future.'