Banking

The regulatory and economic framework conditions for financial institutions are becoming ever more demanding: increasing regulation, volatile markets and growing digitalization are driving this development. We advise and support banks with innovative approaches and practice-oriented concepts to successfully master these challenges.

We show banks ways in which they can solve current and future challenges from a technical, organizational and IT perspective.

In times of low interest rates, the importance of the capital markets increases. At the same time, these markets are becoming more and more regulated, while the demands on banks are increasing.

We support them in removing obstacles, mastering new requirements and making effective use of opportunities that arise.

The digital transformation has reached the banking sector and offers a wide range of opportunities to successfully master the challenges of the future - assuming a great deal of commitment, expertise and innovative spirit on the part of both management and employees. In order to position themselves successfully in a digital society, banks need to develop a digital vision, build and deploy digital expertise throughout the company, strengthen digital interaction with customers and create the technical conditions for digital innovations.

The digitalization of credit processes has long since become a key competitive factor for banks. Digital technologies are having a disruptive effect on banks and threaten to replace entire business models. Only those who design their credit processes intelligently and efficiently and continuously optimize workflows can survive and grow sustainably in the face of tight margins, low interest rates and competition from new market players such as FinTechs

Large volumes of data, complex processes, regulatory requirements, increased customer needs - the banking sector has the best conditions for the use of AI in the form of algorithms, data models and automated processes. However, the topic goes far beyond the use of technology.

The success of AI in banks depends on meaningful collaboration between people and intelligent systems.

In particular, the use of automation and algorithms can reduce operational costs and streamline labor-intensive processes.

This allows employees to devote their full attention to value-adding activities, in particular providing sustainable customer service.

In the digital world, success without IT is unthinkable. Processes can only be optimized and run efficiently with the right IT solutions.

With our expertise in banking and IT, we advise and support the development and alignment of banks' IT with their business objectives.

Together with our clients, we develop tailor-made strategies to ensure and improve the quality of your IT and thus increase the value contribution of your IT.

We are shaping the world of tomorrow's payment transactions in innovative projects.

The once stable earnings anchor of the banks has become the largest field of innovation in the financial industry. New players from outside the industry such as Apple, Amazon, Facebook and Google are entering the once closed market with investments running into the billions. Innovative FinTechs such as PayPal and N26 are launching new customer-oriented offers on the market every month.

Banks are increasingly having to assert themselves against new competitors with lucrative business models in niche segments.

Artificial intelligence and predictive analytics are helping them to remain competitive in their core business.

These processes can be used to analyze large volumes of data more quickly, gain valuable new insights and thus achieve a competitive advantage.

Customers can be approached quickly and cost-effectively, undifferentiated mass mailings can be avoided and potential and cross-selling opportunities can be quickly identified.

Customers receive a higher quality of service, cancellation and churn rates are reduced and - in conjunction with more targeted special conditions management - the margin from the entire customer relationship is optimized. In addition, a more targeted customer approach reduces sales costs.

Customers expect their needs to be recognized early on and independently and want individually tailored solutions.

An intelligent CRM system that provides all relevant information about customers centrally is therefore a key success factor: it ensures the loyalty of existing customers in a highly efficient and innovative way, acquires additional new customers and inspires your own employees. Companies that want to master the challenges of the digital future and continue to operate successfully must therefore focus more strongly on the customer experience and needs-based sales. As a certified Silver Salesforce Partner, we support banks on this journey.

SAP Bank Analyzer has established itself as the standard solution for analytical banking in the financial services industry. As a specialist in bank management, we provide banks with both professional and technical advice throughout the entire project cycle of an SAP implementation - from analysis to production support.

In addition to the new implementation of the Bank Analyzer, S/4HANA for financial products subledger (FPSL) and SAP Profitability and Performance Management (PaPM), our consulting approach also includes the integration of new components and the optimization of ongoing operations.

The European and national supervisory authorities demand consistent and transparent methods and processes in bank management. This applies to data supply and data management as well as risk management, controlling, internal reporting and external reporting. ORRP - our Open Risk and Reporting Platform Architecture - combines the technical added value of the THINC (bank management) and BAIS (reporting) solutions on one platform and thus enables the efficient linking of reporting and risk controlling, for example in the normative approach of ICAAP/ILAAP.

Our standard software MARZIPAN means simple, fast and correct calculations - audit-proof calculation logic combined with state-of-the-art calculation services. MARZIPAN is flexible. Whatever, wherever or however banks want to calculate - intelligent interfaces enable integration into almost any system environment.

Adapting the strategy development and implementation process in times of disruptive change is an exciting and promising challenge. This requires precise knowledge of the influencing factors, your own strengths and weaknesses and a clear idea of how the developed strategic elements can be implemented in concrete terms.

Experience has shown that it is advantageous to bring in an external management consultancy if it can provide an external, independent view of the fields of action, is very familiar with the industry and can report on best practices and success stories. They can contribute new ideas, subject their own considerations to critical appraisal and develop solutions together with the client.

The contribution of specialist and technological expertise, for example in sales management, customer relationship management or the implementation of digital solutions, rounds off the spectrum of added value that an external management consultancy can create.