With digital transformation at the forefront of company growth, many organizations are attempting to keep pace when it comes to technology modernization efforts. But with these IT efforts key to survival in many industries, most businesses haven’t met their modernization goals to maintain leadership in this digital era. Surprisingly, FIs’ obstacles stand out because of particular IT challenges and goals. But why are FIs so far behind when it comes to modernization?

Levvel’s research and industry experts surveyed hundreds of professionals across various industries, with this executive report specifically highlighting the findings from financial institution (FI) respondents. 

This report serves as a modernization guide for financial institutions and covers the current state of technology transformations, the biggest opportunities for growth, and next steps toward modernization for FIs.

## Thank You!

Thank you for your interest in Levvel's new executive report, "Is Your Bank Ahead or Behind?". You can access the PDF [here](https://cdn-new.levvel.io/reports/FI+Modernization+Executive+Report/Executive+Report%E2%80%93Is+Your+Bank+Ahead+or+Behind%3F.pdf "Executive Report: Is Your Bank Ahead or Behind?").

## Additional RTP Insights
- [Webinar](https://www.levvel.io/resource-library/watch/banking-as-a-service-how-financial-institutions-can-navigate-the-next-banking-revolution "Banking as a Service: How Financial Institutions Can Navigate the Next Banking Revolution"): Levvel and Bank of the West experts discuss how financial institutions can be successful in the new world of digital banking and ‘Banking as a Service’ (BaaS).
- [Report](https://www.levvel.io/resource-library/access/legacy-modernization-report-2020 "2020 Legacy Modernization Report"): Levvel's Legacy Modernization Report highlights the symptoms of outdated legacy systems for organizations, including FIs, and offers vital business solutions and strategies on legacy modernization and improving business success. 
- [Case Study](https://www.levvel.io/our-work/a-top-50-u-s-bank-builds-proof-of-concept-of-digital-only-cloud-core-companion-bank-leveraging-finxact-apiture-savana "A Top 50 U.S. Bank Builds Proof-of-Concept of Digital-Only, Cloud-Core, Companion Bank Leveraging Finxact, Apiture, & Savana"): Levvel teams up with top-50 U.S. bank to build a standalone digital bank to expand geographic reach, streamline innovation, and promote scalability.

New research shows FIs have unique challenges when it comes to digital transformation—as well as unique ways to solving them.

Executive Report: Is Your Bank Ahead or Behind?

This report serves as a modernization guide for FIs and covers the current state of tech transformations, opportunities for growth, and next steps for FIs.

Executive Report: Is Your Bank Ahead or Behind?

New research shows FIs have unique challenges when it comes to digital transformation—as well as unique ways to solving them.

Executive Report: Is Your Bank Ahead or Behind?

Read the Report