Enterprise Tech Ecosystem Series: Commonwealth Bank of Australia 2024

Enterprise Tech Ecosystem Series: Commonwealth Bank of Australia 2024

Summary

The report provides information and insights into CBA's tech activities, including -

• Insights of its digital transformation strategies and innovation programs.
• Overview of technology initiatives covering partnerships and product launches.
• Insights on each technology initiative including technology theme, objective, and benefits.
• Details of estimated ICT budgets and major ICT contracts.

Commonwealth Bank of Australia (CBA) is a provider of banking and financial services in Australia. Its key business units include retail banking, business and private banking, institutional banking and markets, international financial services, New Zealand (comprises the funds management and banking businesses in New Zealand), international financial services, and wealth management. The retail banking arm offers services and products such as insurance, home loans, savings accounts and term deposits, credit cards, etc. The business and private banking arm offers overdrafts and lines of credit, business accounts, electronic funds transfer at point of sale (EFTPOS machines), e-commerce solutions, etc. The institutional banking arm offers risk management products and services, transaction banking services, capital raising solutions, etc. The international financial services arm includes retail and business banking operations in Indonesia as well as minority investments in Vietnam and China. The wealth management arm provides superannuation, mortgage broking services, solutions, etc. CBA operates primarily in Australia and New Zealand and has a presence in the UK, the US, Japan, Singapore, Malta, Hong Kong (China), Indonesia, China, Vietnam, and the Netherlands.

Scope

• The report provides insights into company’s tech activities, including its digital transformation strategies, its innovation programs, and its technology initiatives.

Reasons to Buy

• Gain insights into CBA's tech operations.
• Gain insights into its tech strategies and innovation initiatives.
• Gain insights into its technology themes under focus.
• Gain insights into various product launches and partnerships.