Manoj Mishra

Manoj Mishra

Senior Vice-President, Consulting Services

While many banks have clearly defined their transformation priorities, translating them into results at scale requires the right operating model, capabilities and organizational alignment. 

CGI’s 2026 Voice of Our Clients research highlights the challenge:

     
76%
of banking executives cite digital acceleration as a priority
Yet only
47%
say their digital transformation strategies are delivering the expected results
Just
41%
describe their operating model as highly agile

To strengthen execution and accelerate results, banks are increasingly turning to global capability centers (GCCs). By providing access to specialized talent, expanding delivery capacity, and supporting strategic transformation initiatives, GCCs can help banks move from lofty ambition to sustained impact.

However, simply launching a GCC is no longer a differentiator. Today, the more important question is whether the GCC can evolve beyond a delivery organization to become a strategic capability that helps the bank execute faster, innovate more effectively, and achieve measurable business outcomes.

Based on our GCC experience, the highest-performing GCCs share several attributes that distinguish them from those that struggle to deliver their full potential.

1. They own outcomes, not activities

The value of many GCCs is measured primarily through operational metrics: headcount growth, utilization rates, cost savings, and project volumes. While these indicators provide useful operational insight, they don’t answer the most important question: is the GCC helping the bank achieve its strategic objectives?

High-performing GCCs are increasingly evaluated based on business outcomes rather than delivery activity. Their success is tied to the initiatives they accelerate, the capabilities they enable, and the value they help to create across the enterprise.

Instead of focusing solely on how much work is completed, leading banks measure how effectively that work contributes to modernization, growth, resilience, and the customer experience.

The conversation shifts from activity to impact.

2. They become capability hubs, not talent hubs

Access to talent remains one of the primary reasons banks establish GCCs. However, the most mature centers are no longer viewed simply as sources of additional capacity.They’ve become enterprise hubs for critical capabilities.

AI, data engineering, cloud transformation, cybersecurity, digital product development, and platform modernization increasingly require specialized expertise that can be difficult to scale across traditional operating models. Leading banks use GCCs to concentrate and develop these capabilities, creating centers of expertise that support strategic priorities across the organization.

As transformation demands continue to grow, capability depth becomes a greater competitive advantage than workforce scale alone.

3. They participate in enterprise decision-making

Many GCCs remain heavily involved in execution while having limited influence on planning and prioritization. This creates a disconnect between strategic objectives and delivery outcomes. High-performing GCCs operate differently.

Their leaders participate in enterprise planning discussions, understand business priorities, and contribute to decisions that shape transformation roadmaps. As a result, delivery teams gain greater context, priorities become clearer, and banks can respond more effectively to changing business needs.

The GCC becomes an active contributor to strategic execution rather than a downstream recipient of work.  In short, they make the bank more agile.

4. They strengthen organizational resilience

Banks face increasing pressure to deliver transformation while managing regulatory complexity, evolving customer expectations, and ongoing talent shortages. In this environment, resilience matters as much as efficiency.

The most effective GCCs help banks build resilience by diversifying delivery capabilities, strengthening knowledge continuity, and creating greater flexibility to respond to changing business conditions. They provide additional capacity during periods of accelerated transformation and help reduce concentration risks associated with relying on a limited set of locations or talent pools.

As a result, the GCC contributes not only to execution, but also to the bank’s ability to adapt and sustain performance over time.

5. They continuously evolve their mandate

One of the clearest differences between average and high-performing GCCs is how their role changes over time. Many centers begin with a narrow focus on delivery support. However, the strongest GCCs view this as only the starting point.

As trust grows and capabilities mature, a GCC’s responsibilities should expand. What begins as a delivery organization can evolve into a strategic capability center, an innovation partner, and ultimately a key contributor to enterprise transformation.

This evolution doesn’t happen automatically. It requires intentional investment in leadership, capability development, governance, and operating model alignment.

However, when executed effectively, the GCC becomes increasingly valuable as business priorities evolve.

The future of banking GCCs

The banking industry is entering a period where execution capacity may become as important as strategy itself. AI adoption is accelerating. Modernization remains a priority. Regulatory expectations continue to increase. Competition for specialized talent persists.

In this environment, banks need more than additional delivery capacity. They need operating models that can consistently translate strategy into outcomes.

The most successful GCCs aren’t defined by location, size, or labor arbitrage. They’re defined by their ability to strengthen enterprise execution, accelerate transformation, and contribute to measurable business value.

The question is no longer whether banks should establish GCCs. The question is whether they can evolve them into strategic assets that help close the execution gap.

CGI works with banks worldwide to design, establish, and evolve high-performing GCCs aligned with their strategic priorities. Explore our global capability centers (GCC) capabilities or connect with me to discuss how a GCC could advance your bank’s transformation agenda.

About this author

Manoj Mishra

Manoj Mishra

Senior Vice-President, Consulting Services

Manoj Mishra is a client engagement executive and leader with more than two decades of finance experience.