Forming the Future of Finance

Innovating & Participating in Financial Services
Capco is a global business and technology consultancy dedicated solely to the financial services industry. We deliver innovative solutions in banking, capital markets, insurance, wealth and investment management and finance, risk and compliance. As the pressures of regulation, cost reduction, and customer expectation grow, we design, build and operate technology for specific operations and entire organizations.
We collaborate closely with our clients, equipping them to better meet the challenges of today, while preparing them to exploit tomorrow’s opportunities. Through our hands-on consulting resources, we go beyond strategy. We provide the necessary technology architecture and implementation that well positions our clients to transform and to achieve operational excellence, manage IT complexity, better understand, predict and control risk and develop practical and productive responses to regulation.
Our industry-wide participation is ongoing, through the respected Capco Institute and Journal. With its academic and practitioner insights, the Institute continues to address challenging issues and to evolve innovation and capability, in an environment of ever-increasing competition and change. From the vision that our deep industry involvement provides, through to successful delivery, we remain proud that, with our clients, we are forming the future of finance.
 

This is the first in a series of blogs that explores change management in banking. In the first blog we explore how it's time for all change with change the bank.

Customer experience in wealth management: What can execution-only brokers learn from RDR? What steps can they take to address FCA aims?

RMB on the move - the emerging global renminbi clearing infrastructure and the implications on global transaction banks. What will this mean for them?

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Capco Institute

Innovate or adapt? Strategies for the next wave of digital banking. Innovation remains a buzzword in banking. But how realistic are genuinely innovative strategies? In more cautious times since the financial crisis, isn’t it wiser to adapt in an incremental way to new regulation, competition, and customer requirements? We believe both innovation and adaptation are required.

Published by Prof. Damiano Brigo, Editor and Dr. Peter Leukert, Head of the Capco Institute     April 14, 2014

Capco Blog

Sustainable change within financial institutions requires urgent redefinition.

Strategically, change needs to be seen as an opportunity to embrace more effective commercial practices, as well as producing acceptable regulatory responses. (No bank can succeed for long if it is no more than a “compliance engine”. It has to become more competitive as well.)

Operationally, change needs to be undertaken on a different basis. We have already made the point; bandwidth-hungry, regulation-driven change projects are eating into IT budgets. They are also tying down skilled resources and reducing capacity for other and urgently needed change the bank initiatives. Finally, they are a distraction from carrying out bank’s core business – ultimately the function on which all future success depends.

Published by Mark Reeves     September 15, 2014

Newsroom

Capco, the global business and technology consultancy dedicated solely to the financial services industry, today announced the further expansion of the company’s Hong Kong office and hub for its business across Asia-Pacific, complementing the firm’s Singapore presence in the region. With long-standing and well-established operations in India, this further expansion extends the firm’s ability to serve leading global financial institutions through its global delivery model and presence across four continents.

London, September 11, 2014

What trends have dominated the banking industry since April? You do not have to look too far to see that opinion is sharply divided. On the one hand we have witnessed the return to healthy profits with many pundits arguing that banking has turned the corner and that we are seeing the first signs of sustained recovery since 2008. On the other, there are those pointing out that in spite of resurgent balance sheets, we are still in the middle of a fundamental transformation of the sector, where complex regulation is expanding with little or no end in sight; productivity remains below benchmarks set by leaders in other industries; and where investors remain skeptical – although some optimism is returning. All these themes are the subject this Journal issue given the lively debate about the future of the industry, we aim to uncover the real issues and the prominent solutions available to financial markets participants.

Published by Editor - Damiano Brigo, Head of the Mathematical Finance Research Group, Imperial College, London     October 07, 2013

On Tuesday, Apple presented a new series of mobile devices, including two new iPhones and the Apple Watch. While the hardware is gorgeous, another announcement has generated a heated discussion in the financial industry: Apple Pay.

Put simply, consumers can use the new devices to make contactless payments both online and in brick-and-mortar stores. Users verify their purchase using the fingerprint-based “Apple ID”. Offline, Apple makes use of near-field communication (NFC) technology which enables users to make purchases on the move.

Consumers can transfer credit card data from their existing iTunes account or simply scan their debit or credit card with the iPhone camera. Critically, the service is backed by leading financial services corporations including Visa and MasterCard, as well as Citi and Wells Fargo.

Published by Thomas Wagenknecht     September 11, 2014

Capco, a global business and technology consultancy dedicated solely to the financial services industry today announced the promotions of Paul Trotter and James Arnett to Partner.

London, July 27, 2014