Insights on how banks can diffentiate and distinguish their institution in a complex and changing marketplace.
As we prepare to close out 2012 and usher in 2013, one thing is clear: the banking industry remains one of the most dynamic and stimulating markets today. Every facet of how institutions do business – from front and back office operations to the use of analytical insights and Big data– is being challenged, re-worked and revolutionized in this steeply competitive landscape.

As we prepare to close out 2012 and usher in 2013, one thing is clear: the banking industry remains one of the most dynamic and stimulating markets today. Every facet of how institutions do business – from front and back office operations to the use of analytical insights and Big Data– is being challenged, re-worked and revolutionized in this steeply competitive landscape.

Even as we move further from the volatile uncertainty following the “Great Recession” of 2008, it’s clear market conditions will continue to provide challenges, and opportunities, that institutions must take advantage of in order to thrive. To make sound business decisions, successful banks require greater insight from the wealth of data available to them in order to:

In this newsletter, we share our insights on issues facing financial institutions and banking clients around the globe—from customer segmentation and analytical insights to the evolving merger and acquisition landscape.

We hope you find these examples enlightening and useful. Of course, we are happy to provide additional information or answer any questions you may have. Please do not hesitate to contact us if we can be of assistance.

In the months during and following the Great Recession, analysts predicted a large wave of bank failures and massive consolidation within the banking industry, essentially wiping out approximately 30 to 40 percent of the existing banks. According to FDIC data, however, the decline has been much less severe. Since 2008, we have witnessed the closing of approximately 460 banks nationwide, as well as a similar number of traditional acquisitions—both statistics a far cry from the 40 percent consolidation predicted.

Are you getting the precise insight you need from your data? If you want to develop the precise insights necessary for success and profitable performance in today’s dynamic banking landscape, HyperCube® may be the answer.

Is your institution investing in “true strategic change”? 

Condensing the time available around year-end activities  often results in tactical rather than true strategic planning–and in sub-optimal and tactical approaches that limit the economies of scale and returns on investment

The bottom line: a potentially stronger bottom line

Segmenting your customers enables you to provide relevant product offerings, services, interactions, and content to specific clients and prospects - when and where they need it.