The banking business is facing disruptive change. Digital banks have long been established and are increasingly taking market share from traditional institutions. Banking-as-a-service platforms supported by API and cloud-based technologies also enable companies from non-banking industries to offer financial services quickly and easily – market entry barriers are thus increasingly eroding. Consileon supports banks in adapting their business model to the new conditions.
Mounting Volatility, Risk Management and the Fear Index: Why Financial Institutions Should Care
The financial markets will remain volatile in the long term due to political and environmental influences. Banks and financial companies must react flexibly to these uncertainties with modern risk management in order to remain competitive.