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Financial services not for the faint-hearted

Making the average bank or insurance company future-ready requires transforming nearly every element of the organisation.

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Firms with outmoded corporate structures, hierarchical workforces, ageing talent pools and inflexible IT systems are likely to be severely challenged.

CHALLENGES from new entrants . . . Pressure to create new revenue sources . . . Ensuring agility while managing growth of their core business. Financial services companies know that they need to transform, but many are unsuited for the kind of constant, vibrant change needed to remain relevant

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