What are the problems we help the European financial sector solve?
The last 25 years have seen an exponential growth of complexity across the financial sector. As a result, business and IT infrastructure has become a patchwork of legacy components that are interdependent to an extent that is now impairing business growth with increasing costs, complexity issues and visible risks to follow.
Consequently, many organizations are struggling with an increasing legacy maintenance burden consuming a significant part of budget and resources for new development.
A key focus for financial institutions is therefore now to reduce core complexity, risks and costs – and to fast create more agility and competitiveness
Addressing its legacy issues can yield seismic changes and help distinguish financial organizations from competition. But it’s a difficult task which requires very strong cross-functional specialists, proven methods and strong sponsoring.