Digital technology is transforming the Financial Services industry faster than ever before, with firms under increasing pressure to reshape business and operating models in order to stay relevant. Strategic cost transformation also remains a key priority with financial institutions focused on delivering significant reductions to their cost base while building a healthier, stronger business that is fit for the future.
Covid-19 has intensified the pace of global change — and the pressure on companies to respond. Businesses are expected to not only keep pace with the evolving external environment but actually change the way they change, from business models to customer interaction and employee engagement.
The pandemic has also caused Financial Services firms to reimagine the future of work. With remote working transforming the ways teams collaborate and communicate, it has opened up questions about location, wellbeing, leadership and, above all, the importance of a purpose led culture.
There is no one-size-fits-all approach; whether your key focus is delivering transformative cost reductions, harnessing the power of digital technology or transforming and optimising your tax operating model, our EY teams can help you to define your future model and map the change journey.
Talk to us about how you can design and build an adaptive business model that is fit for the future.
Niall Corrigan on the digital transformation happening across the Financial Services sector... and what EY can do to help.
Watch VideoPat Breslin on the different stages of digital maturity.
Watch VideoSinead Colreavy talks about the importance of real-time data analysis in tax.
Watch VideoMartina Keane on helping clients to navigate technological advancements.
Watch VideoDanny Buckley talks about how EY can help finance functions stay adaptable and agile.
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