Financial Institutions
Financial institutions are undergoing a significant transformation, driven by rapid technological advancements, evolving regulatory landscapes, changing customer expectations and new challengers entering the battlefield of serving customer financial needs. The traditional banking model is being reshaped to meet the demands of a digital-first world leading to profound changes in the way financial institutions operate. In the course of these changes we help our clients meet and exceed the demands of the new era.
One of the most notable changes in financial institutions today is the adoption of technology. Fintech innovations such as blockchain, artificial intelligence (AI), and machine learning are revolutionizing the sector while digital banking is already paving the way towards a cashless society.
On the other hand, the financial industry crisis has stipulated a very strict regulatory framework under which Financial Institutions have to reform, adjust and comply.
The effect of this transformation on financial institutions operations is radical. From cyber security and financial data protection to application of national and international regulations, the changes to be made are continuous. As is today’s customers’ demands, who are after a seamless, personalized experience with faster and friendlier services.
At PLANET we develop strategies and support the life cycle of their implementation that help you keep up with latest innovations and requirements, transforming your operating model, thus shaping the institution you aim for, always keeping the customer at the center of your services.
PLANET has played a pivotal role in transforming the banking system in Greece and Southeast Europe since the market deregulation in the mid 90s until today by reengineering processes, restructuring organizations, supporting the upgrade of major banks’ information systems and the project management and implementation of change. Collaborating with experienced international partners when needed, we have helped banks define and implement large-scale transformations.
Our clientele includes systemic or smaller commercial banks, servicers, regulators, insurance companies, and other financial services provider firms.
PLANET offers a comprehensive range of:
- Core Strategy, Management, and ICT Consulting Services to Financial Institutions, either independently or with partners.
- Development Consulting Services related to private investment funding and management.
- Infrastructure Development services, such as the construction management and supervision of corporate buildings for financial services
- Lender’s Technical Advisory (LTA) services, which support financiers of PPP/PFI/Concession or private projects in identifying and mitigating risks related to project bankability.
