This is associated with more stringent capital and liquidity regulations and cutting costs in process management. The technical implementation of all these complex rules requires a great deal of organisational effort and places high demands on business processes, IT systems, and above all, on management expertise.
As far as customers and sales structures are concerned, the last decade has been dominated by independent financial advisors and direct banks. In future, new competitors will set the pace: FIN TECHS. Low market entry fees and a high level of technical expertise combined with a lean cost structure can only be countered with digital evolution. There must be a stronger focus again on innovation, on new products and changed customer needs.
For decades, Amrop Jenewein has been THE specialist for financial services. We have been involved in developing numerous new business models and have an outstanding knowledge of the candidate market.