This report provides our firm's point of view on the costs and benefits of transforming certain business areas and a framework to evaluate different scenarios and solutions.
The financial crisis of 2007-2009 has highlighted inefficiencies and other weaknesses in banks’ business models and support structures. Raising capital has been become difficult, and many banks have had to reexamine their delivery model and product mix.
The recent upheaval in the financial markets has opened a window of opportunity for institutions to build leading operational and technology platforms. Banks that prepare now for the post-financial crisis business environment will enjoy multiple advantages over their competitors who confront the new market with existing delivery channel, technology, and operational models.