Ambition is high in financial services, but transformation is often stuck in first gear. New research reveals what’s standing in the way—and how to break through.

The GlobalLogic + FT Longitude report, “Turning Ambition into Advantage: Leading with Code, Capital and Change in Financial Services,” explores the forces reshaping financial services, uncovers root causes of stalled transformations, and shows how unifying code, capital, and change drives lasting impact.

Financial services firms set ambitious goals, 

yet true transformation proves elusive.

The state of innovation in
financial services

80% of financial services firms risk falling behind in business model innovation

At best, only 52% are piloting GenAI in a single business function

64% don’t form cross-functional teams to collaborate from the start of the innovation lifecycle

96% of executives see modern tech as key to transformation, yet only 46% plan to boost budgets.

Ready to bridge the gap?

Leaders vs. Laggards

In our study, 38% of companies beat their goals in revenue and compliance. These are the “Leaders.” The other 62% are “Laggards,” still working to catch up. This report reveals the distinct strategies and mindsets that distinguish the two and what financial services organizations can do to close the gap.

Explore additional findings

What will it take to transform?

GlobalLogic created Code, Capital, and Change the 3Cs as a connected strategy for driving successful innovation and transformation in financial services.

Engineering Financial Services Transformation

Where engineering meets strategy to turn technology, investment, and agility into lasting advantage.

Code is the intelligent foundation

Turn complexity into clarity.

Today’s leaders aren’t pouring more money into legacy tech. They’re cutting what slows them down and scaling platforms that unlock real growth, speed, and efficiency. Remember: progress beats perfection.

Capital is the engine of value

Turn innovation into impact.

Capital is about smart allocation balancing innovation, growth, and resilience. Many chase pilots, but only the winners scale innovation into durable business models. Invest smart, scale past pilots, and connect tech, capital, and customers.

Change is the operating reality

Turn disruption into advantage.

Change demands agility. Leaders anticipate obstacles, embed adaptability, and treat regulation as a launch pad for trust. They prioritize AI governance and foster cross functional collaboration, turning disruption into lasting advantage.
Get full report

Grounded insights for lasting change

Unlock the full report, “Turning Ambition into Advantage: Leading with Code, Capital and Change in Financial Services” to explore leading strategies for successful transformation.

Why GlobalLogic?

Deep financial expertise

Decades of experience engineering impact for the worlds leading institutions.

Proven innovation

Turning emerging tech into new business models and revenue streams.

Human-centered design

Solutions that meet evolving customer needs and regulatory demands.

Speed at scale

Rapid delivery with enterprise grade security, compliance, and resilience.

End-to-end partnership

From strategy to execution, helping you modernize with confidence.

Transform Insight into Impact

 

The financial services landscape is being reshaped by AI, embedded finance, and evolving regulation. To stay ahead, leaders are rethinking how technology, capital, and change work together to drive growth and resilience.

GlobalLogic’s FT Research — “Turning Ambition into Advantage” — reveals how top-performing firms are bridging strategy and execution across the 3Cs: Code, Capital, and Change.

Download the report to explore how your organization can turn disruption into a competitive advantage — and engineer transformation that lasts.