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Digitization Could Halt Corporate Banks’ Shrinking Profits, Analysts Say

PYMNTS

The Boston Consulting Group (BCG) has released a new report that suggests corporate bankers may be able to halt shrinking profits through digital transformation. According to the BCG’s “Corporate Banking Executive Survey,” “front-to-back digital transformations” are essential to halt this shrinkage.

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In FinServ’s World Of Strict Rules, Data Management Flexibility Is Key

PYMNTS

As banking services and products digitize, that means institutions have more data to handle – much, much more – impacting everything from compliance to customer relations. Corporate banking is a significant part of this digital transformation. In financial services, digitization has dramatically broadened the data pool.

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Killing Strategy: The Disruption Of Management Consulting

CB Insights

Before Bruce Doolin Henderson opened the doors of Boston Consulting Group on July 1, 1963, the concept of “competition” barely existed in American business culture, let alone the concept of strategy. Expertise: An experienced operator’s perspective on a problem and the different ways that it can be solved.