2026 Strategic Priorities

Top Trends in Financial Services

Every year, our experts analyze the forces reshaping banking, insurance, and wealth management to identify where institutions are investing and why. The patterns that emerge reveal more than isolated trends. They show how competitive dynamics shift, which capabilities separate leaders from followers, and where the industry’s collective attention focuses when resources are finite and choices matter.

Cross-Cutting Forces Reshaping the Industry

Three fundamental shifts are redefining competitive dynamics across all sectors of financial services.

Pragmatic Innovation Proceeds While Core Transformation Lags

Core system modernization timelines stretch years into the future while AI innovation cycles measure in months. Successful institutions extract immediate value through targeted pilots and workbench innovations rather than waiting for complete infrastructure replacement.

Agentic AI Reaches Operational Scale

Artificial intelligence shifts from conversational assistance to autonomous decision-making. Financial institutions deploy AI agents that independently manage workflows across underwriting, claims, payments, and service operations—transforming theoretical potential into measurable business impact.

Customer Experience Becomes the Competitive Differentiator

Institutions compete on experience delivery as much as product features. Hyperpersonalization, friction-right security, wellness services, and expanded advisory capabilities separate leaders from followers across banking, insurance, and wealth management.

10 Strategic Priorities for 2026

Our comprehensive executive guide examines ten critical priorities reshaping financial services in 2026. Learn which trends represent fundamental shifts versus temporary disruptions, where leading institutions are placing their biggest bets, and how to evaluate strategic investments through proven frameworks.

Gain actionable guidance on balancing innovation with risk, making technology investment decisions, and developing the organizational capabilities required to maintain competitive advantage.

Explore 2026 Strategic Priorities by Practice

Gain in-depth insights into the transformative forces reshaping each practice area through our dedicated research, webinars, and analysis.

Commercial Banking & Payments

Banks face a dual mandate: maintaining business-as-usual operations while building future capabilities. Faster payments reach critical mass as account validation gaps and cash management investments demand strategic attention.

Retail Banking & Payments

Hyperpersonalization reshapes customer engagement while subscription management and wellness services become essential. Real-time payments and adaptive credentials create competitive advantages in an evolving digital landscape.

Wealth Management

Technology and talent pressures redefine service boundaries. Workflow automation unlocks advisor productivity while platform capabilities, guaranteed income products, and expanded advisory services reshape competitive positioning.

Fraud & AML

The AI arms race intensifies as institutions navigate the defensive reality dilemma. Success requires orchestrating multilayered defenses while modernizing operations through strategic automation and upskilling.

Life Insurance, Annuities & Benefits

 AI transitions from assistant to autonomous decision-maker while carriers extract value from unstructured content. Workbench transformation and pragmatic implementation deliver results despite multi-year modernization timelines.

Property & Casualty Insurance

 Agentic AI shifts from assistance to autonomy across underwriting and claims operations. Carriers reimagine workbenches and embrace composable architecture while unstructured data drives actionable intelligence.

Cybersecurity

Board and CISO liability reaches critical outcomes as adversarial AI challenges enterprise defenses. Quantum resilience becomes urgent while workforce passkeys and robust API security drive investment priorities.

Understand How These Trends Impact Your Institution

Work with our team to translate these industry-wide priorities into actionable strategies for your specific context, competitive position, and organizational capabilities.