The retail banking sector is under increasing pressure to drive better performance 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 investment in core systems and processes
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.
Aerice has deep industry expertise and experience of helping
banks to deliver the improvements they need whilst achieving cost
reductions, enhancing transparency, improving the use and
effectiveness of IT, delivering successful integration and
divestment whilst managing risk and compliance.