1、Nisha BhandareQuick Answer:What Is a Composable FinanceTechnology Architecture?Gartner for FinanceGartner,Inc.|G00774760Page 1 of 8Quick Answer:What Is a Composable Finance Technology Architecture?ID G00774760-5 min readNisha BhandareInitiatives:Digital Technology in FinanceOrganizations strive to b

2、e more adaptive to dynamic businessenvironments by applying composability in their technologyarchitecture.However,many CFOs are unclear on whatcomposability means.This Quick Answer describes whatcomposable architecture is and its distinguishing features.Quick AnswerWhat is a composable finance techn

3、ology architecture?A composable finance technology architecture organizes finance technologiesinto modular application building blocks that deliver well-defined financecapabilities in support of specified business outcomes.It is a framework for finance to maximize its ability to build,assemble andre

4、assemble capabilities to rapidly respond to market disruption and businesschanges while being resilient.There are two core components of a composable technology architecture:composable applications that deliver a specific finance capability andcomposable platforms that group strategically related fi

5、nance capabilities.Gartner,Inc.|G00774760Page 2 of 8More DetailDigital transformation is top of mind for finance.1 CFOs are continuing to increase theirinvestment in technology to achieve greater scalability and lower operating costs whilelooking for innovative ways for their function to adapt and r

6、espond to business needs.However they are impeded by their current technology architecture,which houses large,complex and siloed systems.This architecture slows digital solution delivery,making itdifficult for finance to respond to changing business needs in an increasingly dynamicbusiness environme