NatWest Group — Enterprise Tech Ecosystem Series

Akhilesh ` Bakshi
1 min readMay 8, 2022

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The annual ICT spending of NatWest Group was estimated at $820 million in 2021. A major share of this spending is earmarked for software, hardware, and consulting. NatWest Group is a provider of personal and commercial banking, as well as other financial solutions through two major subsidiaries, namely The Royal Bank of Scotland and NatWest. Personal banking consists of accounts, cards, loans and mortgages, insurance, investment, and private banking solutions. Business banking includes cards and payments, business loans and finances, business support, and international finance. It also offers risk management, trading, and debt financing solutions through the NatWest Markets brand.

This NatWest Group enterprise tech ecosystem series report provides insight into NatWest Group’s fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, and its estimated ICT budget.

Digital Transformation Strategies

NatWest is transforming its business model to meet customers’ digital expectations and deliver round-the-clock services by leveraging digital technologies. It is focusing on AI-based solutions to reduce costs and deliver personalized services to customers. It is further expanding its reach through online distribution channels and mobile technology to enable banking anytime, anywhere.

To gain more insights on digital transformation strategies and initiatives of NatWest Group, download a free report sample

NatWest Group Technology Theme Focus

NatWest Group is utilizing the power of key disruptive technologies including artificial intelligence, big data, and biometrics to enhance its operational and service capabilities.

https://store.globaldata.com/report/natwest-group-enterprise-tech-analysis/

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