Banking & Capital Markets
Increase margins and lower regulatory pressure with digital business models
One of the largest hosting providers in Europe recently had a major fire in one of their facilities that completely destroyed a data center and forced the whole plant to shut down. The company publicly went out and recommended affected clients to activate their disaster recovery plan – but what if there was no plan?
If companies limit their data and analytics experts' tasks to services for projects, they lose momentum in digital business transformation. Companies that make their strategic decisions with the support of a Chief Data Officer (CDO) place greater emphasis on the customer experience and drive revenue growth. BearingPoint's CDO Survey provides insights into the reasons for appointing CDOs, their roles and responsibilities, the structure and functioning of CDO offices, their stage of development, and their biggest challenges.
Due diligence processes can be intimidating, even to an experienced CTO. There is a lot riding on personal performance during the process, and time to close a deal is often short. A CTO´s performance can, psychologically speaking, strongly influence the monetary evaluation of the company.
Webinar: Across the banking sector, internal and regulatory risk and finance reporting architectures have built up on a piecemeal basis. Banks are now looking at ways to streamline these processes, reduce costs and improve flexibility to support business management.