Banking
The global financial crisis has changed the banking industry significantly and permanently.
This change will come in phases and different banks will focus on the phases at different times:
- Stabilisation - ensuring that the banks are effectively structured and capitalised to move forward
- Adapting strategy - changing the product and service mix, rationalising technology and core divisions and working with the new regulatory environment. This will require a reduction in needless complexity and simplying structures to control costs and strengthen management oversight.
- Investing - transforming what they are through acquisition, merger, spin-off and sale - focusing on areas where they can really add tier 1 value and moving to expertise rather than 'all things to all men'. This will be an interesting aspect of the permanent change as those unemcumbered by significant State ownership and continuing losses and write-downs will be best placed to drive their business forward through organic growth and value priced acquisitions.
We have assembled a team of talented experts in change and product delivery to support our Banking clients.
We specialise in:
- deploying smarter risk and compliance solutions effectively
- creating and delivering efficiencies through a range of improvement techniques
- technology migration and consolidation
- identifying and deploying new technology services that transform the way banks do business
- deploying risk based and efficient programme and project management
- creating and deploying innovative business intelligence.