29 September 2020

TECHNOLOGY SPEND PRIORITIES OF A POST-PANDEMIC CIO

As a CIO, do you have the tools and data to answer questions such as what is the cost of launching a new functionality or what instant reductions vs long-term gains to expect from postponing a project? Find out why a flexible and sustainable approach to IT spend management is now more important than ever.

09 September 2020

DIE GESUNDHEITSKRISE ALS SICHERHEITSKRISE: WIE KÖNNEN BANKEN REAGIEREN?

Bei Informationssicherheit geht es schon lange nicht mehr nur darum, Angriffe abzuwehren. Vielmehr sollten Finanzinstitute die Chance nutzen, Geschäftsmodelle neu auszurichten und ein auf die Zukunft ausgerichtetes innovatives Leistungsangebot zu entwickeln.

19 August 2020

4 FACTORS DRIVING CYBER PROGRAM NEEDS

Developing a robust cybersecurity program has never been more important, with most pre-COVID-19 breaches occurring due to employee errors – expect this to worsen, given the rapid change in the way businesses operate.

19 August 2020

FIVE CYBER SECURITY TRENDS FOR 2020

The need for cybersecurity in the financial services industry has never been greater. Financial Institutions (FIs) have been and will continue to be the subject of cyberattacks by adversaries of all varieties. Given the magnitude of this issue, we have listed the top trends we’ve gleaned from our client work over the last year.

05 August 2020

CREATIVE CONSTRUCTION PODCAST #80

Mit der Akquisition von Mobeewave ermöglicht Apple die Annahme von Zahlungen am Point-of-Sale via iPhones ohne separate Hardware. Außerdem: Trump erzwingt TikTok-Verkauf, BigTech in Monopol-Kongressanhörungen und mit Rekord-Quartalszahlen und vieles mehr in der aktuellen Folge unseres Podcasts.

14 July 2020

POST-CRISIS WORKFORCE TRANSFORMATION: EMBRACING THE CHALLENGE

Post-crisis, workforce organization structures need to become much more adaptable to change. Find out what a successful, future-oriented return-to-work strategy involves.

07 July 2020

CREATIVE CONSTRUCTION PODCAST #76

BigTechs wie Apple, Amazon, Google und Co. stehen Banken als Eigentümer der Kundenbeziehung zu Millionen oder gar Milliarden Kunden um nichts nach. Kooperation zwischen Amazon und der ING: Amazon-Verkäufer erhalten Zugang zu Krediten. Über die Chancen und Risiken einer derartigen Partnerschaft für eine Bank diskutieren wir in der aktuellen Folge unseres Podcasts. Und über viele weitere Tech-Schlagzeilen der vergangenen Woche.

29 June 2020

HOW TO REFRESH YOUR DIGITAL STRATEGY TO PREPARE FOR THE 'NEW NORMAL'

In this article, we share the three phases organizations can follow on their journey to embrace new ways of working, in light of the ongoing pandemic. 

29 June 2020

COVID-19: WINNERS AND LOSERS IN PAYMENTS

COVID-19 continues to demonstrate the vulnerability of the economy and businesses today. So is cash still king, or is the future of the wallet digital? We shed light on the performance of payments players during the crisis.

02 July 2020

HOW TO GIVE YOUR INSTITUTIONAL AND PRIVATE WEALTH CLIENTS BETTER PORTFOLIO INSIGHT IN UNCERTAIN TIMES

More than ever, banks’ institutional and private wealth clients need clear insight and individual risk assessment to manage their investment portfolios effectively. In addition, their expectations of user experience are just as high. So, how can banks facilitate in a post-corona world? 

01 July 2020

CLOUD OUTSOURCING: ESMA CONSULTS ON NEW GUIDELINES

The relevance of cloud adoption continues to grow strongly for financial market participants. Read how to mitigate risks and ensure compliance with ESMA’s new guidelines, while making the most of greater efficiencies and cost reduction offered by cloud.

29 June 2020

COVID-19 IMPLICATIONS FOR RISK MANAGEMENT

While governments’ responses to the COVID-19 pandemic are turning our world ‘upside down’, banks urgently need to adjust their risk management practices, to make them much more flexible and adaptable. 

24 June 2020

DIGITAL WINS: WHY ONE OF GERMANY'S LARGEST BANKS IS MAINTAINING PRODUCTIVITY DURING THE CRISIS - AND OTHERS AREN’T

With the spread of the coronavirus and the effects of government response measures, banks had to act quickly in recent weeks. Their focus has been on two challenges - the smooth transition of employees into the home office and the enormous volume of transactions caused by the ‘irritated’ financial markets.

23 June 2020

CREATIVE CONSTRUCTION PODCAST #74

Corona-Warn: In Bezug auf Transparenz bei der Entwicklung und Gewährleistung von Privatsphäre und Sicherheit scheint alles glatt gelaufen zu sein. UND: Nun hat auch Scalable Capital einen eigenen Neobroker lanciert. Facebook Pay findet unterdessen in Brasilien via WhatsApp seinen ersten Einsatz für Zahlungen im Messenger. Diese und viele weitere News in der aktuellen Folge unseres Podcasts.

23 June 2020

DER KAMPF GEGEN FINANZBETRUG (FRAUD) IN CORONA ZEITEN

Es scheint eine angeborene Verbindung zwischen Krisenzeiten und Kriminalität zu bestehen. Die Betrüger nutzen Unsicherheit und Panik, die die Pandemie verursacht hat, um sowohl Banken als auch ihre Kunden anzugreifen. Finanzinstitute müssen diese Betrüger aggressiv bekämpfen und benötigen dazu die Unterstützung von Behörden und ihren Mitarbeitern, aber tun gut daran, auch den Einsatz neuer Technologien und Innovationen zu nutzen.

17 June 2020

POST COVID-19 SOCIETY

Banking, investment, advice and insurance firms are hard at work analyzing the economic and investment consequences of the global health crisis. There appears to be enough information available to make good decisions about short term impacts on business models and operational stance. The longer term picture is less clear. In this paper, we take seventeen trends in society and consider the implications for those trends of lock-down, prolonged social distancing and recession. 

16 June 2020

CREATIVE CONSTRUCTION PODCAST #73

Nachdem bei den Neobanken zunächst Wachstum um jeden Preis ganz oben auf der Agenda stand, müssen sie allmählich auch Wege zur Profitabilität aufzeigen. Revolut stellt daher u.a. bei Überweisungen auf kostenpflichtig um und wird damit den etablierten Banken immer ähnlicher. N26 wird derweil auf dem Heimatmarkt von einem neuen Wettbewerber mit tiefen Taschen frontal angegriffen, während das Startup Zelf Banking und Payments für die Gen Z neu denkt. Dies und viele weitere News in der aktuellen Folge unseres Podcasts.

12 June 2020

CORONA: WELCHE ROLLE SPIELEN NEUE TECHNOLOGIEN IM COMPLIANCE-BEREICH?

Die Verzahnung von Compliance und Technologie wird immer entscheidender für den Erfolg eines Geschäftsmodells im Banking, insbesondere wenn Institute nicht nur verschiedenste regulatorische Verpflichtungen erfüllen, sondern auch die Kundenerfahrung verbessern möchten. 

08 June 2020

KEY STRATEGIES FOR WEALTH MANAGERS ESG SUCCESS

Growing public concern and advocacy for environmental and social issues has led to the rise in sustainable investing. Environmental, Social, and Governance (ESG) investing has emerged as a leading practice among the sustainable investing landscape.

04 June 2020

GOAL BASED PLANNING: A CLIENT-CENTRIC APPROACH TO WEALTH MANAGEMENT

Since clients have an abundance of investment choices: traditional advice, discount brokers, robo-advisors, the clients will take their business elsewhere if they are unhappy with the advice they are receiving from their advisor. Wealth management firms have an opportunity to have a mind-shift in their firms, invest in a market solution, or partner with a fintech company to develop a goal-based solution of their own.

04 June 2020

BIG 5 BANKS REPORTED MASSIVE EARNINGS REDUCTIONS FOR Q2, WHAT HAPPENS NEXT?

After releasing earnings reports for Q2, the ‘Big 5’ Canadian banks reported massive earnings reductions. Capco provides a snapshot of the key facts, covers some macro trends, and discusses what these banks should do next. 

03 June 2020

THE PERCEPTION OF WORKING REMOTELY HAS CHANGED SINCE COVID-19

The current environment presents both immediate imperatives, as well as the opportunity to transform the workforce strategically. Financial institutions need to consider how to manage a remote workforce that may be working from remote locations in the long run. There is a need to successfully manage the adoption of these working styles with the opportunity to increase productivity, adaptability, and profits while also attracting diverse talent and work-life balance.

03 June 2020

CREATIVE CONSTRUCTION PODCAST #71

UBS investiert mehrere hundert Millionen in Fintechs, Shopify etabliert eigene Debitkarte und Ratenzahlungen, Schlagabtausch zwischen Trump und Twitter rund um die Verantwortung von Social-Media-Unternehmen und ihre Regulierung. Dies und mehr in der aktuellen Folge unseres Podcasts.

28 May 2020

RESILIENCE THROUGH PUBLIC HEALTH UNCERTAINTY: BUSINESS CONTINUITY PLANNING FOR ASIA-PACIFIC FIRMS

In this report, we share how APAC businesses can develop a business continuity plan to address the unique challenges a pandemic poses. 

26 May 2020

CREATIVE CONSTRUCTION PODCAST #70

Während Neo-Banken den Kundenzugang und das Vertrauen der Nutzer erst aufbauen mussten, können neue Wettbewerber wie Check24 und Allianz mit einer bestehenden Kundenbasis den traditionellen Banken gefährlich werden. Außerdem: Apple mit AR-Brille, Lidl mit eigenem Cloud-Angebot, Facebook mit Angriff auf E-Commerce und Hertz pleite.

26 May 2020

PANDEMICS: THERE’S INSURANCE FOR THAT

Perception of the insurance industry's reputation is that it lags and has low innovation in product development. In reality, the industry has a diverse set of products and offerings. Despite this, many consumers are not aware of these solutions. The debate continues: is insurance bought or sold?

22 May 2020

COVID-19 AND FINANCE: THE IMPACT AND LESSONS LEARNED FROM THE PANDEMIC SO FAR

The COVID-19 pandemic has impacted the global economy on a scale unseen in modern times, but what does this mean for finance functions across the FS industry? Find out in this paper. 

21 May 2020

COVID-19 DIGITAL RESPONSE: TIMELY SOLUTIONS ARE BETTER THAN PERFECT ONES

During the last two months, COVID-19 has brought the world to a standstill. During that time, the focus of banks has primarily been on staying aligned with ongoing government mandates and maintaining business as usual. However, financial institutions have yet to show their ability to pivot in developing and implementing more innovative tools for proactive customer support quickly.  

20 May 2020

PLANNING FOR A RETURN TO THE WORKPLACE: CREATING A COVID-19-FOCUSED RCM PROGRAM

Financial institutions need to plan for what is in the best interest of their shareholders, employees, customers, and vendors, knowing that both regulators and the general public will be scrutinizing the decisions an institution makes as part of its recovery plan.

20 May 2020

THE NEED FOR MORTGAGE COMPANIES TO INVEST IN REMOTE CAPABILITIES

The COVID-19 crisis has exposed the need for mortgage leaders to make substantial investments in their technology infrastructure to enable remote workplace and process flexibility capabilities.

18 May 2020

COVID-19: ACCELERATING THE MOVE TO DIGITAL BANKING

The disruption triggered by COVID-19 presents a unique opportunity for banks to reimagine their business proposition and make strategic investments in longer-term differentiation around products, servicing model and their overall brand. 

18 May 2020

RISK COMMITTEE EFFECTIVENESS IN A TIME OF CRISIS

It’s more important than ever for risk committees at banks to manage uncertainty and risk amid the global pandemic. Capco provides five steps for risk committees to take to focus on the future. 

15 May 2020

CREATIVE CONSTRUCTION PODCAST #68

Marktsättigung bei Neo-Banken? Mit Chime und Current sind im US-Markt bereits dominante Player unterwegs. Für europäische Neo-Banken wie N26 und Revolut ist der Erfolg in den USA jedoch maßgeblich. UND: Während sich Instacart, Peloton und HelloFresh über phänomenales Wachstum in der Corona-Krise freuen, hat die Konsolidierung andere Sektoren wie etwa Mobility voll erfasst.

14 May 2020

CREATIVE CONSTRUCTION PODCAST #67

Big Tech durch Corona-Krise noch mächtiger und Reise-Unicorns wie Flixbus, GetYourGuide, Tourlane, Trivago in der Krise.

14 May 2020

THE ART OF PERSONAL WELLBEING IN BUSINESS RESILIENCE

Capco Digital UK’s Sarah Carver looks at how ‘resilient responding’ can help us focus on the positives to emerge stronger from the COVID storm.

14 May 2020

PRIME BROKERAGE & CORONAVIRUS: FIVE INDUSTRY OBSERVATIONS

In this article, Anthony Bennett shares some consolidated industry insights in view of the ongoing coronavirus pandemic, based on recent conversations with leading primes.

13 May 2020

COVID-19 – RAPID RESPONSE COMMAND CENTER

As much of the country continues under shelter-in-place rules, the economic crunch from the COVID-19 crisis is hitting financial institutions hard. The CARES Act initially enacted a little over a month ago with additional funds authorized last week, brought some relief to small businesses and consumers with home mortgages or student loans. The onus is on banks to implement the government mandates and to handle the myriad other activities that have arisen as a result of the pandemic.

11 May 2020

COVID-19 AND FINANCIAL INSTITUTIONS: NOT ANOTHER DATA BLOG, BUT THE KEY TO CUSTOMER SUCCESS

The importance of identifying customers that have yet to hit their most distressing point and proactively offer support to help mitigate upcoming distress is a crucial step for banks to take to help manage the fallout of COVID-19.  

11 May 2020

COVID-19 AND E-COMMERCE: THE FUTURE OF DIGITAL PAYMENTS

Digital payments are on the rise as consumers shop online or use cards to avoid contact. This trend is likely to continue post-crisis. Are banks prepared? 

11 May 2020

COVID-19: COULD NEW WAYS OF WORKING BECOME A NEW NORMAL?

In this paper, we explore the impact COVID-19 has already had on the way we all work, and share the potential changes that the ‘new normal’ may bring. 

07 May 2020

TRADE SURVEILLANCE: IMPACT OF COVID-19

Existing inefficiencies in trade surveillance practices are exacerbated in the pandemic environment, highlighting the need for fully integrated and automated systems.

05 May 2020

NAVIGATING HELP DESK STRATEGY DURING THE SHIFT TO A REMOTE WORK MODEL

Over the past several weeks, the spread of COVID-19 has necessitated a rapid shift to remote working models for organizations across the globe. The help desks and IT departments of these organizations will feel the impact of an increased volume of support requests and the deployment of hardware and software that they will have to manage effectively. Policies and procedures for end-user computing will have to be adjusted to reflect a new working model. 

13 May 2020

STRATEGY FOR BANKS IN A TIME OF CRISIS: AN APAC VIEW

In the APAC edition of this report, we share how the pandemic has exacerbated longstanding business pressures which require banks’ attention now.

04 May 2020

COVID-19: BECOMING A SOURCE OF TRUTH

If financial institutions can establish themselves as a trusted partner, their digital channels will become the first (and maybe only) stop for customers looking to navigate the complexities of all the government programs and the applicable financial measures.  A practical, guided experience goes a long way in retaining the trust of existing customers through this pandemic. It also presents an opportunity to attract new customers and increase market share.

04 May 2020

COVID-19: AUCH FÜR ANTI FINANCIAL CRIME-FUNKTIONEN EIN ECHTES RISIKO

Hier beginnt unsere mehrteilige Blogserie über die aktuellsten Entwicklungen rund um Compliance, Regulatorik und Technologie: Teil I informiert Sie über Finanzkriminalität/Anti Financial Crime (AFC) in Zeiten der Pandemie – und was Banken jetzt beachten sollten.

04 May 2020

WHAT COVID-19 MEANS FOR CONDUCT & THE FCAS 2020/21 BUSINESS PLAN

In this article, our UK regulatory and compliance experts share their thoughts on the FCA’s 2020/21 Business Plan and COVID-19. 

30 April 2020

FFIEC EXAM MANUAL UPDATE & MANAGING REGULATORY RELATIONS DURING COVID-19

On April 15, the Federal Financial Institutions Examination Council (‘FFIEC’) released several updated sections and related examination procedures to the Bank Secrecy Act/Anti-Money Laundering (‘BSA/AML’) Examination Manual (the ‘Manual’).

25 January 2024

REGULATORY HORIZON: EDITION 9

Capco's s latest edition of Regulatory Horizon featuring insights on the evolution of financial services regulation around the world from MiFID II and Consumer Duty to operational resilience and transaction reporting.

29 April 2020

MANAGING A REMOTE BSA/AML PROGRAM

Certain components of a BSA/AML and sanctions compliance program have been accelerated in response to COVID-19. During this time, it is more important than ever to manage associated risks and develop potential solutions to maintain program effectiveness.

29 April 2020

CYBERSECURITY IMPLICATIONS OF COVID-19

The massive shift to remote access technologies precipitated by the COVID-19 pandemic has highlighted how critical it is for leadership to adapt to evolving demands and respond to emerging security risks during a crisis.

29 April 2020

CREATIVE CONSTRUCTION PODCAST #66

Digitalisierung wird im Management in erster Linie aus der Perspektive der Kosteneinsparung und nicht der Differenzierung gesehen. Warum beide generischen Strategien im Wettbewerb mit Tech-Playern eine Herausforderung darstellen, hören Sie in unserem neuen Podcast.

28 April 2020

COVID-19 AND THE FEDERAL STUDENT LOAN MARKET

The COVID-19 Pandemic Education Relief Act, as part of the CARES Act, was passed by Congress on March 27, 2020, creating several changes that impact the student lending industry. For approximately 99 percent of the federal student loan portfolio – over $1.5 trillion in debt held by one in five American adults – all student loan payments and involuntary collections are suspended until September 30, 2020. 

28 April 2020

DATA DIFFERENTIATORS FOR 2020: A COVID-19 UPDATE

At the beginning of the year we identified 12 key data trends in 2020 impacting near-term regulatory and cost challenges as well as strategic, revenue-generating objectives. In this article, we’ll re-visit our data differentiators, how they have shifted in the last few months and how they also remain more relevant than ever.

24 April 2020

COVID-19 AND THE INNOVATION IMPERATIVE

As a new post-COVID consensus takes root, Capco Digital UK’s Jibran Ahmed expects solutions to emerge that will benefit how we live, work, play - and engage with big issues ranging from financial wellbeing through to healthcare and the environment. 

24 April 2020

CRITICAL FUNCTIONS FOR CONTINUITY AND RESILIENCY

The identification of critical functions and understanding of associated resource dependencies rapidly is essential to how an organization prioritizes resiliency measures to ensure continuity in a crisis scenario. Understanding the ways various scenarios can impact critical functions empowers organizations to create strategic, prioritized, and immediately actionable resilience plans.

23 April 2020

THE IMPACT OF COVID-19 AND GOVERNMENT RESPONSE ON CAPITAL MARKETS

As COVID-19 continues to have a profound impact on the global economy, we examine what these changes will mean for the future of the capital markets industry. 

21 April 2020

HOW WE ARE HELPING FINANCIAL INSTITUTIONS AND THEIR CONSUMERS DURING COVID-19

Customers want better to understand their personal finances during these uncertain times, and the inability to quickly access information and assistance from their financial institutions is resulting in the rise of customer dissatisfaction. Capco has developed a multi-faceted approach to help address this challenge. 

28 May 2020

EMBRACING THE EVOLUTION OF DIGITAL COLLABORATION IN WEALTH MANAGEMENT

We expect COVID-19 to have a lasting behavioral impact that will accelerate the need for the digitalization of the financial advisor-client relationship. As a result, wealth managers must continue more than ever to pursue forward-looking strategic digital choices despite the challenging environment of the COVID-19 crisis to weather the challenge and remain competitive.

21 April 2020

COVID-19: COULD OUR NEW WAYS OF WORKING BECOME A NEW NORMAL?

In this blog, Harriet Scheiner explores how COVID-19 may change working life as we know it and shares how Capco are adapting to this ‘new normal’.

27 May 2020

COVID-19 AND ITS IMPACT ON ADVISORS IN MOTION

As the 2008 crisis demonstrated, challenging times shine a light on deficiencies that tend to be a catalyst for change.Advisors and firms will re-evaluate their strategy based on how well their business models held up during the crisis.

20 April 2020

CREATIVE CONSTRUCTION PODCAST #65

Großer #Fintech-Erfolg in Berlin: Mit Trade Republic und Taxfix konnten gleich zwei €60 Mio. Runden mit prominenten Investoren wie Peter Thiel abgeschlossen werden. Die Börse läuft derweil in entgegengesetzter Richtung zur Wirtschaft und Amazon, Shopify und andere E-Commerce-Player erleben einen beispiellosen Ansturm. Dies und mehr in der aktuellen Folge unseres Podcasts.

19 May 2020

DIGITAL DOLLAR BUILDS MOMENTUM: A POTENTIAL WAY FORWARD

Although the US digital currency didn’t make it into the final CARES Act, its inclusion in initial drafts of the stimulus bill shows it is gaining buy-in. 

20 April 2020

COVID-19 AND FINANCIAL INSTITUTIONS: A PANDEMIC CUSTOMER STRATEGY

As bank customers continue to feel various levels of distress as the result of the COVID-19 pandemic, we outline the four pillar pandemic customer strategy Capco has developed to help banks continue to best support customers.

20 April 2020

STRATEGY FOR CAPITAL MARKETS IN A TIME OF CRISIS

Broker-dealers need to navigate near-term choices for clients, shareholders, and employees while developing longer-term strategies to position for growth once the crisis subsides.

16 April 2020

COVID-19 AND ITS IMPACT ON SEC REG BI

As the financial services industry prepares for the approaching June 30 compliance date for SECs Regulation Best Interest, Capco examines potential implications that the COVID-19 pandemic could have on the regulation.

12 May 2020

CUSTOMER LOAN ASSISTANCE JOURNEY

 Banks play an essential role in distributing relief funds to businesses, a service in higher demand, and more important than ever. Today, banks have a time-sensitive opportunity to design an optimized ‘Customer Loan Assistance Journey.’

11 May 2020

REFLECTIONS OF A GOALS-BASED JOURNEY: INVESTING AND PLANNING

Both wealth managers and their clients should take a long-term perspective on recent events, continue planning for the future, and together move closer towards achieving their client promise of a true goals-based investment solution.

16 April 2020

PRACTISING GOOD LEADERSHIP IN A VUCA WORLD

In a time where the conventional ways of doing business are constantly challenged by rapid innovation and often unexpected change, Rajiv Dalmia shares his tips on good leadership. 

2020 CORONAVIRUS AID, RELIEF AND ECONOMIC SECURITY (CARES) ACT

Financial services firms need to be aware of the lasting impact that the CARES Act will have on the entire lending value chain, back-office operations, and the survival of small businesses across our country.

15 April 2020

HOW TO FACILITATE THE CLOSE DURING COVID-19

Navigating the first virtual close during COVID-19 will require extensive planning to ensure operational continuity. Some considerations include not only equipment provisioning and system access, but also adequate coverage of the close from a capacity and capability standpoint (in the event of personnel absenteeism) and clarity of the close schedule and task assignments. 

06 May 2020

RE-ENTRY WITH THE END IN MIND

The rapid transition to a fully remote workforce creates the opportunity to rethink where and how work is done, and ultimately create a stronger, happier, more productive, and more resilient team coming out of the crisis, and yield long-term tangible business benefits for the enterprise.

14 April 2020

OODA LOOP CHECKLIST

This checklist outlines some of the factors and considerations that apply in a BCP situation under the phases of the OODA loop, that can help frame your thinking, particularly at the current time.

04 May 2020

OPPORTUNITY IN UNCERTAINTY: MUST-WIN BATTLES FOR ALTERNATIVE INVESTMENT BUSINESSES

Because of the current landscape, all asset classes are likely in for a reset and reevaluation. We highlight four themes for the ongoing changes we think will characterize the alternative investments space as the dust settles on the current environment.

14 April 2020

COVID-19 AND FINANCIAL INSTITUTIONS: MARCH WAS A DRESS REHEARSAL

The events of March have demonstrated that banks are ill-equipped to cope with unforeseen crises such as COVID-19. In our first blog in a three-part series, we cover why institutions need to redirect funding to COVID-19 related initiatives in the near and medium-term. 

14 April 2020

CANNABIS IN THE TIME OF COVID: A SMALL BUSINESS BANKING EMERGENCY

One industry on the outside looking in after the passage of the CARES Act was cannabis. This omission provides community banks with the unique opportunity to meet this critical small business opportunity. 

09 April 2020

THE PUZZLE OF OPERATIONAL RESILIENCE, COVID-19 & REGULATION FOR FINANCIAL SERVICES

Unlike natural disasters, technical failures, malicious or criminal acts, or terrorist events, it is a challenge to accurately predict the scale and duration of a pandemic. In this article, we analyze the the puzzle of operational resilience and COVID-19 for financial services. 

09 April 2020

IMPACT OF CORONAVIRUS (COVID-19) ON ROBO-ADVISORS

Global concerns have grown since the outbreak of COVID-19, coupled with the ongoing oil-price war, rattling investors, and equity markets worldwide. Given the current economic environment, we see three themes emerging on the impact on robo-advisors during this time.

23 April 2020

UMR PHASE 5 AND 6 DELAY: A PERSPECTIVE FROM CAPCO AND ACADIASOFT

On April 2, 2020, Basel and IOSCO announced a deferral for the final phases of the Uncleared Margin Rules. BCBS highlights in a press release the displacement of staff and resources focused on the management of present risks as the rationale behind the delay. Capco and AcadiaSoft provide their insight into the expected impact. 

08 April 2020

SIX AREAS OF FOCUS FOR OPERATIONAL CONTINUITY AND RESILIENCY

As the global community responds to the ongoing impact of COVID-19, the ability to quickly assess an organization’s stability, and the critical functions and resources to maintain that stability, has become more important than ever.

07 April 2020

DIGITAL GEWINNT: WARUM ES EINER DER GRÖSSTEN DEUTSCHEN BANKEN GELINGT, IN DER CORONA-KRISE IHRE PRODUKTIVITÄT ZU HALTEN – UND ANDEREN NICHT

Mit der Verbreitung des Coronavirus und den damit verbundenen staatlichen Maßnahmen war in den vergangenen Wochen auch von Banken schnelles Handeln gefragt. Zwei Herausforderungen standen im Vordergrund: die reibungslose Arbeit der Angestellten aus dem Homeoffice und die Bewältigung des enormen Transaktionsaufkommens durch den irritierten Finanzmarkt. 

31 March 2020

STRATEGY FOR WEALTH MANAGERS IN A TIME OF CRISIS

At the start of 2020, wealth managers were already facing significant challenges, including continued pressures on fees, the digital arms race, consolidation of the competitive landscape through M&A, and fiduciary regulation compliance costs to meet new state and SEC rules such as Regulation Best Interest. And now a global pandemic.

23 March 2020

PODCAST #61 | CORONAVIRUS & DIE AUSWIRKUNGEN: WIRTSCHAFT, GESELLSCHAFT & TECH-BRANCHE

Die Corona-Pandemie hat tiefgreifende Auswirkungen auf jeden Bereich des Lebens. Sie wird die Digitalisierung über Nacht nachhaltig mit einer Geschwindigkeit auch in den Industrien vorantreiben, die sich bisher gesträubt haben und es sich mit dem Verweis auf „Legacy“ und „Unersetzbarkeit des menschlichen Kontakts“ im Status quo bequem gemacht hatten. Welche Branchen sind besonders betroffen, wer sind die Gewinner und wie wird dies die Gesellschaft verändern?

26 March 2020

CULTURE & CONNECTION IN REMOTE WORKING

While remote working presents a sudden shift for some, it has been a core part of Capco for many years with clear benefits and common challenges. Capco wants to share tips, tools and rituals on how we have built trust, established successful working patterns and enabled connection and collaboration to help you and your core teams continue to drive positive outcomes in this ‘new normal.’

24 March 2020

STRATEGY FOR BANKING IN A TIME OF CRISIS

During the COVID-19 outbreak, regional and community banks need to balance making tough near-term choices, with their one-two year digital and growth strategies.

19 March 2020

RESILIENCE THROUGH PUBLIC HEALTH UNCERTAINTY: MANAGING THE COVID-19 THREAT

As we see how the threat of COVID-19 evolves, it is critical to review your institution’s business continuity policies and plans to guarantee preparedness in case of disaster or pandemic.

19 March 2020

THREE EARLY LESSONS FROM COVID-19 PANDEMIC

Global concerns have grown since the outbreak of coronavirus, rattling investors, and equity markets worldwide. However, this flight to debt has caused 10-year US Treasury rates to drop to record lows, signaling that investors are very concerned about future growth in the economy. Given the impact of the pandemic on financial services, we see three main themes emerging.

12 March 2020

EFFECTS OF THE FED RATE CUT AND CORONAVIRUS ON ECONOMY

The impact of COVID-19 has required countermeasures, including a recent fed rate cut and a commitment from the G7 to leverage ‘appropriate policy tools’ to deal with the economic impact of the virus.

11 March 2020

IMPACT OF CORONAVIRUS (COVID-19) ON WEALTH AND ASSET MANAGEMENT

The effect that coronavirus has had on financial markets to date looks similar to other economic downturns that we’ve seen throughout history. However, the full impacts of COVID-19 are unknown, as it remains unclear whether we have seen a peak in diagnosed cases, these five themes are a sample of some of the issues that may impact the wealth and asset management industry during the outbreak.