Companies of financial sector permanently face a wide range of strategic challenges: consumers and market behavior change, social and business shifts, new financial technologies, political changes and changes in regulations. The banks are getting better at using data and data analytics to help them better understand their customers’ needs and behaviors.
Modern days financial sector is facing challenges of capital management and liquidity, risk governance and controls, investment efficiency, data privacy and cybersecurity, compliance processes, consumer protections, and financial crimes.
The necessity of application of the new business models and technology initiatives originates from these trends. Financial technologies make the banks work closely with fintech companies and tend to undertake customer involvement, including financial apps use – a trend for finance industry nowadays is less prevail of branch banking and a shift to online and mobile services. The cloud based security can help secure one’s data on their system as there are hackers these days.
All these create a special environment for the finance industry, that needs to have a systematic and comprehensive analysis, which our team provides in the following strands:
Strategy development and planning
Market research and intelligence
Newmarket entry strategy
Economic evaluation
Due diligence
Organizational and operational management consulting
Clients: international and local banks and insurance companies, financial institutions, private equity investors, banking associations and more