In recent years, the financial sector was forced to implement regulations (Basel III, MiFID II, EMIR, AIFM, FATCA), some of which are not yet implemented (TTF, UCITS V).This complex environment is constantly monitored and analyzed by Sia Partners’ experts.case study
Financial institutions have drastically changed over the last decade and further evolutions are yet to come. Regulatory constraints have driven most of these transformations, but the financial revolution is much more complex and cannot be limited to the latter. Business models must be adapted within each business line and operating models must take into account industrial partnership, outsourcing or strategic alliances.
Sia Partners assists its clients in coping with these transformations in order to improve their competitive advantages, flexibility productivity and profitability:
- Strategic deployment
- Financial performance
- Business process optimization
- Digital banking
Thanks to Sia Partners’ international footprint, the Financial Services practice is strategically located in all major financial hubs (New York, London, Hong Kong, Singapore, Paris…) and our integrated model allows teams from different countries to easily work together.
Sia Partners has developed strong competencies in CIB, retail banking, private banking, securities services, wealth management and specialized financial institutions. Sia Partners is also recognized as a leading consulting firm by chief financial officers, chief risk officers, chief operational officers and human resource departments of top financial institutions.
To share our passion, and to help you better understand and analyze the Financial sector, Sia Partners has created a specific blog: http://en.finance.sia-partners.com/. This blog is managed and updated on a regular basis by our team of consultants.
Comply with regulations
Sia Partners was involved in the definition and implementation of Basel III liquidity ratios on behalf of large French banks. The project included the definition of standards to increasing awareness of the commercial network.
Enhance operational efficiency
Cost reduction is an essential component in banks’ strategies. Improving the operating ratio is a key element in restoring financial and commercial leeway. Sia Partners’ DILO method and Lean-Six Sigma expertise allow us to offer action plans to achieve operational excellence.case study
Sia Partners helped a large retail bank redefine and optimize its process for granting credit. Our solid field analysis enabled us define a measurable transformation plan.
Reinvent the business models
Launching new tenders is a strong differentiation challenge for banks. The market is mature and competition is strong. Therefore, players are forced to innovate and create differentiating products to meet an uncovered demand. Sia Partners’ research center identifies these innovations and shares its prospective vision through regular publications.case study
Two banks in two countries asked Sia Partners to design and launch a bid for bi- banking services for a specific customer segment, migrants wishing to benefit from a simple offer available at any time
Transformation projects have become more and more complex and international and involve many actors (business, support, IT). Managing its implementation requires specific skills and sophisticated tools in order to provide both a macro and micro vision. Sia Partners’ feedback allowed us to build a custom methodology kit for general management and project contributors.case study
Sia Partners helped a large insurer with their global management of the compliance program Solvency 2 (COMEX Group reporting and management of each task).
Anticipate technological breakthrough
The digital world is becoming omnipresent and data is becoming more and more complex to analyze. New communication channels are the beginning of a new era in the way we understand customer relationship. Aware of the importance of these transformations, Sia Partners provides a digital center of excellence able to accompany their clients in the new "digital world".case study
Sia Partners assisted a bank in the design and launch of a new offer: a contact-free mobile payment device. The project included the preparation of the business case to managing the experimental pilot phase.
External growth operations have become essential in order to expand in a global market. Due diligence, data rooms and post-merger integrations are recurring activities when implementing strategic plans. Sia Partners’ international network provides a global support for their key customers and offers them a custom approach.case study
Sia Partners accompanied the transformation program and the integration of two banks during their merger. The project included definition of a target organization to the implementation of operational changes.
The Banking Review
For several years, the banking industry has been undergoing a profound transformation. The regulatory pressure, the competitiveness and the evolution of the macroeconomic context are forcing financial institutions to question themselves. The business model is becoming more complex with the corollary of having to react to external factors. All bu...Pdf 3.53 MB download