The financial industry is undergoing an intense change. Customers expect speed, clarity, and comparability. Modernization of traditional working methods and increased efficiency is required to stay competitive. Ongoing investments in exploring AI indicate that rapid changes will take place in many areas, from internal operative efficiency to slimmed customer journey and sale processes.
The change in trends are going in two ways: On the one hand, the development of own or unique solutions towards market-wide solutions where costs can be kept down for digital development and regulatory compliance.
On the other hand, players want to differentiate themselves through solutions that provide more flexibility to develop unique customer offerings, through AI or through slimmed marked-wide solutions.
The key for operative efficiency – with the help from AI (or not), lies in the understanding of processes and regulations within bank, payments and insurance business and operations, together with knowledge in the possibilities in digitalization and strategic IT.
Midagon offers this combination, our consulting services stretches from deep industry knowledge covering business understanding, product expertise, knowledge in core processes, architecture, information management, cyber security and strategic IT / AI.
We have helped our clients toward operative efficiency in many areas:
Business process development within payments, loans, life and pensions, insurance, custody services, fund and asset management.
Assessments, pre-sudies and agile key roles as part of core system change
Adaption of regulatory changes and changes in market practise.
Enterprise and System Architecture design
Re-structuring and replacement of IT systems
Data Governance and Data Migrations
Contact for more information
Banking & Insurance
The future of the financial industry is as important and exciting as it is complex. Banks and insurance businesses face new competition and require more innovation to meet the demand for customer simplicity and operative efficiency, along with increasing security requirements, rules, and regulations.