Financial Services Industry Challenges

What’s Slowing Down Financial Services?

Financial institutions are under pressure to modernize, reduce costs, and manage growing regulatory and cybersecurity risks, all while improving agility and customer experience.

Financial Services

Emerging Challenges for Financial Services

Manual Workflows and Disconnected Data
Limits visibility and decision-making.
Mounting Compliance Demands
Requires faster, more accurate reporting.
Cyber Threats and Third-Party Risk
Eases exposure across expanding ecosystems. 
Rising Expectations for Real-time Insights
Creates the need to support faster, smarter financial decisions.

77% of CFOs invest in AI and automation. But without the right platform and expertise, transformation stalls before it starts.

Trends Reshaping Financial Services

Why Finance Leaders Are Moving Faster (and Smarter)

Modern financial institutions are prioritizing automation and AI to remain resilient in a dynamic regulatory and market environment.

Key trends driving change: 

AI-Driven Finance Ops

AI-Driven Finance Ops

58% of teams are piloting AI to replace manual workflows, improving speed and transparency.

Compliance Modernization

Compliance Modernization

Automated governance and proactive risk monitoring help reduce audit exposure and keep pace with evolving laws.

Real-Time Decision Intelligence

Real-Time Decision Intelligence

Predictive analytics replace legacy reporting, giving CFOs the agility to respond to market shifts.

Heightened Supplier and Cyber Risk

Heightened Supplier and Cyber Risk

Firms are investing in third-party oversight tools and real-time risk intelligence to close vulnerabilities.

ServiceNow Financial Services Capabilities

The Future of Finance Is AI-Driven

ServiceNow supports financial institutions with platform-wide, AI-focused tools to improve accuracy, strengthen compliance, and streamline complex processes.

With ServiceNow, firms can:

AI-Driven Design & Engineering

Automate approvals and risk detection

using machine learning to reduce errors and speed response times.
Compliance

Simplify compliance

with centralized regulatory tracking, audit support, and real-time governance.

Risk

Mitigate third-party and cyber risk

with continuous monitoring and intelligent supplier risk scoring.

Finance and Procurement

Integrate finance and procurement

workflows across the enterprise for greater efficiency and visibility.

With the right partner, ServiceNow can digitize workflows and transform how financial services operate.

Why Choose CoreX for Financial Services?

Your Partner in Seamless ServiceNow Transformation

In financial services, transformation without precision can create more risk than reward. CoreX helps you modernize with confidence, aligning ServiceNow to your regulatory needs, internal goals, and customer expectations.

We bring:

Deep financial and risk management expertise

Deep financial and risk management expertise

across banking, insurance, fintech, and investment sectors

Process-led implementation strategies

Process-led implementation strategies

tailored to finance, procurement, and audit workflows

AI and automation enablement

AI and automation enablement

to drive value across shared services and back-office operations

A compliance-first mindset

A compliance-first mindset

that helps you stay audit-ready while accelerating digital initiatives

Whether you're solving for rising risk or scaling smarter, CoreX ensures your platform investment delivers measurable value.

Schedule a Consultation

Are Your Financial Operations Working Optimally?

CoreX can modernize your financial operations, reduce risk, and deliver better compliance outcomes. Your finance teams will be ready for what’s now and what’s next.

Let’s Talk