The banking industry is undergoing epic changes, including unprecedented consolidation and operational scrutiny. As a result, there is a unique opportunity for new institutions to emerge as market leaders through innovation and for the traditional titans to move beyond the crisis and remain leading players in the new landscape.
In the aftermath of the credit crisis, banks will focus on developing a low cost operating model, especially as bad debts and the high cost of funding continues. Margin pressure and the erosion of non-interest income will put pressure on banks to find new sources of revenue. Adoption of, and effective adherence to, risk, regulation and compliance initiatives will remain absolutely critical to all banking clients.
Navigant is positioned at the crossroads of these changes. We help clients to value and work out the underperforming and toxic assets while creating efficient operational and technology infrastructures. With these initiatives in place, banking leaders can focus on capturing a share of new markets quickly and efficiently.
Our banking consultants work with clients in the consumer finance sector by applying deep industry expertise in the following areas:
Click here to learn about our Risk, Compliance and Control service offerings.