Profile "FINANCIAL SERVICES"
“MONEY KEEPS THE ECONOMY RUNNING.”
The financial crisis is proof positive: Functioning financial markets are a necessary prerequisite for the growth of the global economy. The job of banks today and in days gone by is to supply the economy with liquidity. In times past, markets were regional; they are now increasingly global.
Nevertheless, major national differences still exist in legal frameworks and customer needs, as well as the resulting business models, degrees of concentration, and competitive intensities. In the English-speaking world, corporate finance continues to focus primarily on the real estate and investment business to serve the general populace’s high priority on accumulation of assets. In Spain, the market structure has a comparably high degree of concentration which tends to result in limited competition and high margins. In Germany, by contrast, the market is exceedingly competitive within the framework of the three-pillar model. The banking industry has responded by instituting extensive measures designed to improve efficiency.
This national diversity of globalized corporate finance is a challenge for all involved because differentiated strategies are needed for sustainable long-term success. A cursory look at the European banking landscape reveals that there are universal and specialized banks with impressive results as well as highly profitable transaction banks. Above-average efficiency, profitability, and market evaluation cannot be explained by just one cause.
Overall, however, the trend to reduced value-adding depth and clear market positioning will continue. This is true of both investment banking and wealth management as well as classic private and corporate banking. In these contexts, the topics of innovation management, customer focus, as well as service quality, standardization, and the degree of automation vary in importance depending on the business model selected.
MANAGEMENT ENGINEERS focuses on analyzing and developing pioneering business strategies as well as formulating lean structures, processes, and information technologies tailored specifically to these strategies. Differentiated analyses of cost and revenue structures of individual business segments are just as much a part of our service portfolio as the development of procedural organizations.
We work with you – from the first project draft to the profitable implementation of all measures. Consulting to Completion is our motto.
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