Banking & Capital Markets

Many European banks have made progress realigning business and operating models. However only a small number sustain a strong cost income ratio:

• Product portfolios are often too heterogeneous and complex, hindering efficient operations
• Fragmented IT provider landscapes and overaged legacy systems 
• Lack of focus on core businesses and competencies

We believe there is still a compelling need for bolder action.

The foundation for a growth-based strategy can only be created by:

• Significantly streamlining product portfolio
• Increasing operating model efficiency by implementing a technology led client service strategy 
• Implementing a sustainability strategy