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Spigit enables banks and insurers to accelerate transformation with ideas from those that know their business best.

2 of the 3 Largest U.S. Banks Use Spigit to Power Their Innovation Programs

The Future of Innovation in Financial Services

Digital disruption. Changes to consumer expectations. A growing number of new financial technology startups. The financial services industry is undergoing a transformation. And the only way to scale as a company and maintain a competitive edge is to innovate. The industry is moving too fast for companies to push innovation aside and “get to it later.” The reality is, innovation is the gateway to success; it has to be a top priority.

Many of the world’s most well-known brands in banking and insurance have been affected by the industry transformation, causing them to seek new ways to compete and provide value.

The most successful players in the industry understand how powerful harnessing the knowledge and expertise of their workforce is to innovation. Unleashing this is enabling them to uncover opportunities for operational improvements, identify new products and markets, and improve services to bring enhanced value to both the business and its customers.

How are these companies engaging their employees and uncovering new ideas? Crowdsourced innovation, managed by innovation management software.

As the largest innovation management solution provider, Spigit understands the innovation needs of the financial services industry. And with some of the world’s leading banking and insurance companies using Spigit to implement innovative ideas that drive down costs and improve customer centricity, we have the experience to prove it.


The State of Innovation in Financial Services

With shifts in customer demand and new disruptive market entrants, leading banks and insurers around the world are taking a proactive approach to innovation in order to maintain a competitive edge, improve customer centricity, and drive business growth.

Download The Financial Services Innovator: How Leading Banks and Insurance Companies are Tackling Innovation whitepaper to dive deeper into the state of innovation in financial services.

Financial Services Whitepaper

“When we were looking at Spigit, there were two things that got our attention. The first was the ability of the software to integrate into our technology, and the second was the platform’s ability to scale up for a global organization.”

Susan Andrews

Managing Director, Head of Innovation, Citi

Spigit Innovation Management Software Was Designed with Banks and Insurers in Mind

Designed for banking & insurance innovation programs

Whether your goal is to boost customer retention, digitally transform your business, or create the next one-stop mobile banking experience, Spigit is here for your success. Only Spigit matches your innovation processes from the get-go and scales with your innovation program over time.

Global workforce? Access anywhere, on any device

With secure mobile access and 11 languages, your employees and customers can contribute ideas and insights no matter where they are in the world.

Need to track your entire innovation pipeline? You’ll love this

Spigit’s robust analytics and reporting metrics make it easy to measure how effective your innovation program is. Know what’s working, what’s not, and where to make adjustments.

Secure and

Spigit is a configurable, enterprise-ready idea management platform that has passed the security tests of the largest financial institutions around the world.

Want to know more? Find out more about the Spigit product.


Leading Banks and Insurance Companies Around the World Use Spigit to Drive Business Results

Citi Logo


Citi created the “Future in Banking Challenge” on Spigit. Over 46,000 employees participated, submitting more than 2,000 ideas. The return on investment from ideas implemented was tremendous.

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With 38,000 employees worldwide speaking multiple languages and disruption in financial services happening, KBC needed a way to stay ahead of the coming disruptions while fostering a culture of innovation.

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The Knowledge to Drive Innovation in the Banking and Insurance Industries

These resources dive deeper into how banks and insurance companies are building and supporting sustainable innovation programs to maintain a competitive edge.


“Spigit is the Apple of innovation software”

Interested in taking Spigit for a guided test drive? Request a demo to get started.

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