The report from ABI Lab's IT Architecture Observatory in banking, published in November 2023, delves into the role of Enterprise Architecture (EA) in transforming banks. It examines how EA can influence change processes and govern innovation, fostering synergies between IT and business. An organizational model for EA is outlined, focusing on two main aspects: EA Setting to integrate architecture into business governance and EA Modeling to graphically represent operational complexity. Key actions identified include defining a shared Architectural Framework, which is essential for managing and evolving business architectures. The importance of dialogue between different business functions is also highlighted, to ensure a coherent and effective transformation in light of sector challenges.