Banking & Capital Marketing
Services

Our sensing and scanning capabilities and tools efficiently identify, analyze and track leading fintech innovators to enable quick connections.

Banking & Capital Marketing
Services

Our sensing and scanning capabilities and tools efficiently identify, analyze and track leading fintech innovators to enable quick connections.

We are able to identify emerging technology trends that can accelerate innovation adoption and transformation across the enterprise. Our design and collaboration centers facilitate the co-creation and co-development of new ideas and businesses.

Digital Banking

Digital banking: Money is just a part of life. Make it a part you don’t worry about.

Digital is changing the way we create value. Digital banking is not just about new front ends; it’s about “being digital”, which are new ways of solving problems, creating unique experiences, and accelerating business performance through new business models.

Different challenges mean that different thinking is needed. How can banks always be evolving? How do we look forward, and broadly explore new opportunities? What do customers really need (vs. want)?

“Transformation” is a big word. With lots of different meanings. We like to break it down into key themes so we can unpack the problem statement, options and tactics to address it, and the real life lessons learned.

Achieve digital velocity - Digital is here, today. How can the bank build the competencies and culture needed to design, develop, and deliver continuous business benefits?

Reimagine the customer experience - Money is just a part of life. How can we make it the part you don’t worry about? How can banks go to where the customer is, and not force customers to learn to work with the banks?

Simplify business processes - Banking business is complex. How can we streamline and automate what we can, to let our people focus on what matters, which is serving our customers?

Generate insights - Customers trust banks with their data, but it’s not being used. How do we unlock insights from customer data, which is the most powerful thing banks have?

Address legacy debt - Big banks weren’t built overnight. What is the best way to deal with complex, legacy technology and legacy thinking?

Embrace the open banking ecosystem - The future is open. Whether driven by regulation or by customer demand, how can banks integrate the broader ecosystem (e.g., FinTechs, third party providers) into how it does business?

Blockchain

Blockchain: the trust machine

Blockchain is rewiring our transaction fabrics and platforms across industries by enabling citizens, consumers, corporations, governments and regulators to transfer value in real time without the need for trusted third parties.

Blockchain technology is emerging as a business focus for companies in several industries, including financial services, consumer products, manufacturing, healthcare, and life sciences. However, the pace of technology deployment, referring to actual blockchain projects that companies intend to implement or have already implemented, varies as institutions face a number of considerations:

Where and when to play - Which areas of the business should leverage blockchain? What are the use cases to focus on? Is there a first–mover advantage?

How will we win - How will we be distinct from competitors (fintechs, startups, blockchain vendors)? What is our go-to-market strategy?

What capabilities do we need - What specific capabilities are required (people, process, technology)? Which capabilities are enterprise-wide vs. use case?

How do we organize and integrate - How should we integrate blockchain with legacy applications and our existing environment? Which internal functions, vendors, and consortiums should we collaborate with to ensure impact and benefits are maximized?

Deloitte can help you analyze the impact to your organization, identify the best use cases, assess their viability and feasibility, design and develop prototypes, and build market ready solutions. Our globally connected team of experienced practitioners will work with you to educate your teams, broaden your understanding, and develop the right blockchain capabilities for your company.

Contacts

Neil Tomlinson

Neil Tomlinson
Global Banking & Securities Leader, Financial Services Consulting
ntomlinson@deloitte.co.uk

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John Wang

John Wang
Digital Banking & Securities Leader, Financial Services Consulting
johnwang@deloitte.ca

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