Toward next-generation financial services ecosystems
The 2008 crisis is almost a distant memory. Over the past decade, the global banking industry has shown signs of renewed health. Prospects are looking good.
But while many believe the industry is unlikely to experience such discomfort again anytime soon, signals beneath the surface show the industry is under tension: profits remain elusive, margins are decreasing, revenue growth is slowing and perspectives are tepid. Even more worryingly, Return On Equity (ROE) has fallen to around 9% and continues to diminish.Read the report
“Banks are at a crossroads. Continuous FinTech innovation and new technologies such as blockchain are disrupting the market. While it creates threats, it also opens multiple opportunities for financial services to reinvent themselves and thrive.”
Carlos Von Prabucki
Global Financial Services COO, Head of Banking Iberia and South America region, Atos
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