Industry News — Consulting Point

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banking

Infosys enters collaboration with UK's Metro Bank to digitalise operations

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Infosys enters collaboration with UK's Metro Bank to digitalise operations

Indian IT major Infosys said it has entered into a long-term collaboration with British community bank Metro Bank to digitise the bank's operations.

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Oliver Wyman announces Anders Nemeth as global head of banking and financial service practice

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Oliver Wyman announces Anders Nemeth as global head of banking and financial service practice

Oliver Wyman, a leading global management consulting firm and a business of Marsh McLennan [NYSE: MMC] announced that Anders Nemeth has been appointed global head of its Banking & Financial Services practice effective immediately

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Dubai and Oman to host two major digital banking summits

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Dubai and Oman to host two major digital banking summits

The Middle East is set to host two major financial services-focused conferences next month, with the Digital Banking & Payments Summit and NextGen Banking & Technology Summit taking place in Dubai and Oman.

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Designing the new age enterprise architecture in banking

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Designing the new age enterprise architecture in banking

With digital transformation accelerating in the banking sector, banks of all sizes are being forced to and re-design the backbone of their digital efforts – their enterprise architecture. But how does a new-age enterprise architecture look like? Experts from Cedar Management Consulting outline some of the key building blocks that should be considered.

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BCG: Global Retail Banking 2021 -The Front-to-Back Digital Retail Bank

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BCG: Global Retail Banking 2021 -The Front-to-Back Digital Retail Bank

Retail banks around the world reacted to the COVID-19 crisis with speed, dexterity, and purpose, while remaining true to their environmental, social, and corporate governance goals. Now, as the new reality starts to take shape, banks face further challenges

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Misconceptions about banking versus consulting careers

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Misconceptions about banking versus consulting careers

Should you choose banking or consulting as a career? And if you're in banking already, should you quit for a career in consulting?

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McKinsey's guide to the best places to work in banking until 2024

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McKinsey's guide to the best places to work in banking until 2024

When strategy consulting firm McKinsey & Co. writes a 'Global Banking Review' it's usually to show off its expertise and to talk about things like building 'productivity engines.'

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5 ways banks can use AI to better serve their customers

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5 ways banks can use AI to better serve their customers

Emerging technologies such as artificial intelligence – or AI – and deeper AI techniques including machine learning and deep learning are touted to transform the banking industry.

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Bank of the Future, Mapped by McKinsey

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Bank of the Future, Mapped by McKinsey

The consulting firm, known for its bold calls in global banking, is outlining the bank of the future. Making it a reality is another matter.

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Foreign insurers embrace China

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Foreign insurers embrace China

Foreign insurance companies are expected to expand further into mainland Chinese market as the country removes a cap on foreign ownership and other regulatory hurdles, analysts said.

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The Future of Banking Has Arrived

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The Future of Banking Has Arrived

At a time when the majority of the banking industry is trying to adjust business models to reflect a more digital ecosystem, several financial and non-financial organizations in China have already brought together big data, advanced analytics, modern digital technology, and an innovation culture to deliver exceptional consumer experiences. The question is, can financial institutions elsewhere in the world catch up?

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Deloitte Digital and Finxact Join Forces

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Deloitte Digital and Finxact Join Forces

Deloitte Digital and Finxact, an emerging leader in Core-as-a-Service banking, today announced a strategic alliance to help banks imagine, deliver and run the next generation of digital banking products and experiences.

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McKinsey & Co. wants to 'industrialize' your job in banking

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McKinsey & Co. wants to 'industrialize' your job in banking

McKinsey & Co. has issued a big new report on the future of the banking industry. As has been observed by a wag, it basically constitutes a pitch for business by the strategy consulting firm, which is suggesting banks need to get their houses in order, urgently, before the next catastrophic downturn comes their way.

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