Mark Gunning, director of banking
solutions, Temenos says:
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“Banks will be battening down the hatches and
preparing for another tough 12 months, and cost savings are going
to be core in helping banks ride out the tumultuous times ahead.
Business Intelligence tools will continue to play a key role in
helping banks to identify and monitor operational efficiency and
profitability.
Since 2008, most have addressed the issue of
cost reduction within their business and dealt with the “low
hanging fruit” – improving capital structures, assessing asset
performance and looking at ways to cut the cost base without
impacting productivity. However, there are now other areas banks
need to examine.”
US Tariffs are shifting - will you react or anticipate?
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By GlobalData
