The global financial industry becomes more complex by the day. Meeting the challenges of complexity demands the best, most innovative and actionable input. Capco’s Thought Leadership and leading-edge research is contained in our Journal of Financial Transformation and our wide range of White Papers and Points of View. Access a unique resource of academic and practitioner thinking and experience. It’s tomorrow’s best practice available today.
The recent Swiss Finance Institute and Capco joint inaugural conference – on the challenges of cross-border banking in a ‘new world’ – was followed by our survey on the key themes of the event. To discover more about banks’ current attitudes to the challenges, and the opportunities, of profitable and compliant cross-border banking in a social media age, download an overview of the survey results.
This is the second Capco Thoughts white paper in the IT Complexity series. The series describes a groundbreaking initiative underway by Germany-based Commerzbank and Capco to develop a model for measuring IT complexity in the financial services industry. We have already explained the importance and the power of rigorous IT Complexity metrics in our first paper. Now we describe how it works in detail.
Done right, Asset Servicing can reduce costs, increase asset value utilization, improve customer service, customer retention and satisfaction, enhance data quality and availability, and generate additional revenues. Not bad for a function that has, to say the least, been somewhat overlooked until recently.
It used to be that all sourcing routes led to cost reduction. Now, however, the ITO and BPO markets offer new locations, innovative delivery models, increased vendor choice and enhanced service propositions. The benefits of a ‘joined up’ sourcing strategy are much wider ranging and potentially very impressive. But, before selecting partners and embarking on the sourcing journey, the desired outcomes must be articulated and agreed. For strategic sourcing to deliver transformational value, it is not enough to travel in hope. The destination needs, at all times, to shape the journey. Start with the end very much in mind.
It’s not so much the parting of the ways as the ways of parting that make the crucial difference. The “wedding plans” of merger are challenging enough. But the “divorce” of divestment, if badly handled, can prove much more complex. Find out more.
Data management has become an ever more prevalent topic on bank’s agendas – even in areas that, until now, have not seen this as priority. In Germany, the market for structured products (predominantly warrants and certificates) represents a significant business for a couple of market participants. Yet, in a market that is becoming increasingly ‘comparable’, margins continue to decline and competition continues to grow. These circumstances dictate market participants with two major priorities: to reduce unnecessary costs, and to reduce risk. A first step to achieve these goals can be the consolidation of instrument reference data maintenance. Read more to find out how to get started.
This Capco Thoughts white paper describes a groundbreaking initiative underway by Germany-based Commerzbank and Capco to develop a model for measuring IT complexity in the financial services industry. Individual financial institutions can gain value from this new model through immediate application to their existing environment, while reaping long-term benefits through contribution to an industry database of results.
Mobile technology will revolutionize the dynamics of the advisor-client relationship in Wealth Management. Advisors who lack the right technology will miss out. Their clients will go elsewhere.
Driven by scarcity of capital and regulatory impact, the cost of funding and liquidity, already too high, threatens to rise to levels that will simply be unsustainable. The industry urgently needs real solutions to regain control. Capco believes strongly that cost of funding can be lowered. Much greater efficiency and effectiveness with capital are real possibilities. So is improved business performance. But, to secure real benefits, change will be required.
This white paper is intended to inform the current wave of new market entrants as they consider retail financial services, and to help them avoid making similar mistakes to previous entrants. The paper will consider how incumbents are likely to respond to the new wave of entrants and just what success will look like, both for new entrants and incumbents.
Misunderstandings and misalignments can lead to a “grow as you go” infrastructure which is not always capable of supporting business strategy. ADP - Architect, Design, Plan - is a rigorous yet pragmatic approach that enables a successful journey to the infrastructure the business really needs. Download our Capco Point of View on ADP and discover the full story.
The role of Collateral Management (CM) is essential in any effective approach to dealing with change driven by regulation. But compliance is only part of the story. There are multiple, highly attractive business efficiencies and opportunities that a proactive and far-sighted (sell and buy-side) CM strategy can identify and exploit.