Banking & Capital Markets
Increase margins and lower regulatory pressure with digital business models
It was not long ago, when Dr. Nouriel Roubini (or infamously called “Dr. Doom” for having predicted the 2008 financial crisis back in 2006) was speaking of a necessitated market correction and was calling for the repricing of riskier assets; predicting a continuation of a global financial slowdown or even a global recession starting in 2020. What that prediction did not take into account, was the unforeseen outbreak of Covid19 and the increased volatility this has brought to global financial markets.
Revolut selects BearingPoint’s Abacus360 Banking managed services offering as solution for EBA and AnaCredit reporting. BearingPoint RegTech welcomes the UK-based financial technology company Revolut as a new customer for its Abacus360 Banking solution.