Banking on Innovation
in the Financial Sector

The finance industry is facing a constant wave of disruption, and new market forces are consistently pushing the boundaries of technology innovation. Many traditional financial institutes are frequently finding themselves playing catch-up, while others are forging ahead. Emerging technologies are also playing an increasingly prominent role in shaping innovation in the financial sector.

Key Challenges

How to avoid disruption from Fintech Startups

Prominence of cryptocurrencies and cyber threats

Growing consumer distrust of traditional institutions

Compliance with increasing 
regulatory restriction

What The Experts Say...

"Banks and other banking and investment services organizations clearly recognize that the status quo is not sustainable, and they must disrupt themselves before it is done to them."

"The challenges of low rates and disruptive technology call for dramatic improvements in efficiency... Banks will need to transform their operating models and harness technology."

"The macro-economic environment, competitive forces, regulatory and technological change continue to put pressure on traditional business models across the financial industry."

Surviving Disruption in the
Financial Industry

Innovation in the financial sector is growing exponentially across the globe. Traditional banks, credit unions, and other financial institutions are progressively adopting emerging technologies that were once the domain of fintech firms. The need to become more customer centric and tap into new capital markets is steadily becoming the predominant force within innovation in the financial sector. For example, to deliver the best possible customer experience, financial companies are increasingly investing in mobile banking innovation, as well as exploring new avenues for leveraging big data and machine learning to improve online transactions. By using continuous improvement and idea crowdsourcing platforms, financial firms can discover powerful ways to improve their business models and ensure the needs of customers are consistently met.

Innovation in the Financial Sector - vector 1

Financial Innovation Management

Engage your employees to deliver innovative new products and services which can create “Blue Oceans” and help differentiate you from the competition.

Tech Scouting

Achieve disruptive innovation in the financial sector by identifying opportunities for mergers & acquisitions. Pinpoint valuable banking technology, talented people, and innovative fintech startups.

Innovation in the Financial Sector - scouting
Innovation in the Financial Sector - Continuous Improvement

Continuous Improvement

Involve your employees in initiatives that deliver incremental innovation to help the company reduce waste, save costs, optimize processes, and improve services.

FINANCE

Leading finance companies choose Qmarkets

Discover how your organization can also leverage collective intelligence to tackle your ongoing challenges and meet your strategic goals

Here's why...

“Qmarkets truly is a one stop shop for continuous process improvement… allowing us to easily bring together team members from across the globe to brainstorm, collaborate, and knowledge share.”

Jessica Burch
Business Process Consultant, WOW Program Lead at a Leading Payment Solutions Provider

"Qmarkets’ experience implementing similar systems in countless other companies around the globe was a great help... I see Qmarkets as a central system which supports the innovation process at the ISA."

Yael Weiss Efron
Innovation Manager

"Qmarkets was not only the most financially attractive, but also the most technically ergonomic solution which we found."

Jean-Philippe Mathes
Director of Finances

"Qmarkets software is the engine of Bank Leumi’s innovation management initiative, and it answers the exact needs of the organization across multiple levels."

Ran Gavriel Zivan
Head of Internal Innovation & "Leumi Ideas"

"Out of 20 innovation management vendors, Qmarkets was the only software which adapted perfectly to our needs."

Zdenek Houser
CEO

Qmarkets Features
Favored by Finance Companies

Configurable workflows and advanced self-admin capabilities to fit exact corporate requirements

Multi-tenancy & subsystems for creating unique processes to fit to different divisions within companies with tens of thousands of employees

Strong security credentials and confidentiality permissions, ensuring regulatory compliance

Deployment Options:

On-premise or secured cloud environment

Mutli-lingual translation for global users

Integrations with legacy systems and external platforms (SSO, Jive, Yammer, etc.)

Responsive design for engaging users on mobile devices

Your Q-360 Suite of Collective Intelligence Solutions

Discover Qmarkets’ next-gen product portfolio, tailored to meet any business need or challenge.

Business Innovation Brief

A Finance Sector Innovation Success Story

In this case study, discover how the credit card division of ISPC – a major banking group managing over 600 million annual transactions – launched their successful employee crowdsourcing initiative with Qmarkets.

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Struggling to decide which idea management solution will best support innovation at your company? Check out this comparative analysis of the vendor landscape and find the right partner for your initiative.

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