Retail Banking & Wealth Management
Our Retail Banking & Wealth Management practice specialises in regulatory compliance, business transformation and platform change. We help our clients deliver improvements whilst achieving cost reductions, maintaining compliance and improving IT effectiveness.
The retail banking & wealth management sector is under
increasing pressure to evidence better regulatory compliance and
financial transparency whilst improving the customer experience,
value and loyalty.
The focus on banks to generate sustainable returns whilst
managing the associated pricing, credit risk and customer
protection issues has intensified. Most retail banks' ability to
meet these demands is being hampered by legacy systems, data and
information. The need for improvement in processes and systems has
therefore never been more compelling.
Prioritising such initiatives whilst dealing with the pressure
to cut costs and increase operational efficiency is tough balancing
act, but a necessary one. Institutions also face fundamental
challenges to their traditional approaches to capital, liquidity
and regulatory risk management.
Our deep industry expertise and experience helps our clients
stay at the forefront of regulatory compliance and customer
service, whilst managing risk and compliance. Achieving this
is paramount for our clients, especially with digital and online
security becoming a key differentiator.