Financial institutions can’t linger in their experimentation with blockchain technology — they need to move aggressively or be left behind by the rapid pace of innovation, according to our study.

1. cognizant.com/banking
Reasons Why Blockchain is a
Financial Services Game Changer
5

2. cognizant.com/banking
91%91%
Finance execs who say
blockchain is critical to
their firm’s future
Be digital — don’t just do digital.Be digital — don’t just do digital.
Source: Building Blockchain One Block at a Time

3. Source: Building Blockchain One Block at a Time
Be digital — don’t just do digital.Be digital — don’t just do digital.
cognizant.com/banking
Finance execs who say
blockchain will transform
the industry
48%48%

4. Source: Building Blockchain One Block at a Time
cognizant.com/banking
Cost-savings blockchain
will provide for the banking
industry
Putting digital to work.Putting digital to work.
$20B$20B

5. Source: Digitizing Financial Services
cognizant.com/banking
Finance execs who attribute
future growth to CX-focused
digital investments
Smart digital investments lead to smart ROI.Smart digital investments lead to smart ROI.
25%25%

6. cognizant.com/banking
Top tech offerings in financial services
66 1. Big data
2. Mobile apps
3. Advanced mobile apps
4. APIs
5. AI
6. Machine learning
Source: Digitizing Financial Services

7. Even as blockchain is poised to disrupt the financial services industry,
there is substantial uncertainty surrounding it.
But research say waiting is no longer an option. Read on.