Westpac Banking Corporation (Westpac) offers a range of personal, private, business, and corporate banking solutions. It operates through five business segments: Consumer, Business & Wealth, Westpac Institutional Bank, Westpac New Zealand, and Group Businesses. The Consumer segment serves Australian customers through brands such as Westpac, St.George, BankSA, and Bank of Melbourne via various channels, including digital platforms and branches. The Business & Wealth segment caters to business banking, wealth management, and private wealth clients. Westpac Institutional Bank focuses on corporate, institutional, and government clients. Westpac New Zealand provides banking and wealth products and services to consumer, business, and institutional customers in New Zealand. The Group Businesses segment consists of Treasury, which manages Westpac's balance sheet and associated risks; Enterprise services, which encompass earnings from unallocated capital, intra-group transactions, gains or losses from asset sales, and earnings and costs related to Westpac's fintech investments and Other costs, which include expenses not directly tied to specific segments. Westpac has an operational presence in Asia-Pacific, Europe, and Americas.
The report provides information and insights into Westpac'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.
Scope
- The report provides insights into bank’s tech activities, including its digital transformation strategies, its innovation programs, and its technology initiatives.
Reasons to Buy
- Gain insights into Westpac'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.
Table of Contents
- Overview
- Digital Transformation Strategy
- Accelerators, Incubators, and Innovation Programs
- Technology Focus
- Technology Initiatives
- Investments
- Acquisition
- Partnership, Investments, and Acquisition Network Map
- ICT Budget
- Key Executives
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accenture
- Rich Data
- AWS
- Microsoft
- Common Ledger
- Optus
- IDCARE
- Akahu
- NextGen
- Cogo
- Ascenda
- FrankieOne
- SocietyOne
- humm group
- nbn
- Cisco
- ShopBack
- Kasisto
- 10X Future Technologies
- Kasada
- MoneyBrilliant
