For many wealth-tech executives, integrations still feel like a necessary evil—expensive, slow, and invisible to clients. Yet the data tells a different story: 40% of IT leaders now attribute a “significant portion of company revenue” to what integrations unlock, up from 33% just last year. In other words, high quality integrations are increasingly essential to delivering high value products and services.
Leading financial institutions are already treating integrations more like profit centers. A McKinsey survey of global banks found that 31% expect integration programs to lift revenue by more than 10%, and that large players dedicate roughly 14% of their IT budgets to integrations—not to maintenance, but to innovation and monetisation. When an integration powers a new embedded partnership or unlocks cross-platform personalisation, it moves from the cost column to the growth column.
So how do you shift from “plumbing” to strategic advantage? Start by product-sizing your integrations: publish internal developer portals, package common patterns, and set SLAs just as you would for any external offering. Analysts report that organisations using pre-built, reusable connectors launch new interfaces 50–80% faster than teams coding from scratch. Speed matters here and portability of approach can turbocharge your effort—when done well, every additional deployment compounds the return on integrations already delivered.
Governance completes the picture. The average enterprise now juggles 897 applications, yet only 29% are integrated. Establishing a clear taxonomy (internal, partner, public) and a single approval funnel ensures the right projects get priority and security stays tight. Finally, measure what matters: track each integration’s revenue contribution, customer experience lift, or risk reduction, and re-allocate budget accordingly. When the C-suite sees integrations on the KPI dashboard, they become strategic by default.
Yes, tools matter. Precept’s architecture and library of Portable Data Modules (PDMs) builds on these principles—pre-mapped, reusable, and fully governed—so your team spends time steering the roadmap, not wiring endpoints. See a PDM deploy live and decide whether your next integration should be another mundane expense or your newest growth lever.
