APPLYING THE POWER OF TRANSFORMATIONAL CHANGE
Banks want more from change than cost reduction alone. Our innovative methodologies and delivery excellence help turn change into transformation.
Banks must meet multiple competing demands, including regulation, innovation and cost reduction. This requires many change initiatives, which makes effective project management fundamental to success. Change Acceleration is Capco's proven and highly differentiated solution. We transform change portfolios, execute project delivery and reduce execution risk, enabling cost savings through multiple accelerators.
Many financial institutions set lofty goals but lack a clear strategy to meet them. The Capco Strategy team partners with retail banks, commercial banks and wealth and asset managers to define and execute winning growth, digital, and organization and talent strategies.
STRATEGIC COST TRANSFORMATION
Minimizing costs is an important focus for financial services organizations. With expanding regulatory burdens driving up the costs of doing business, firms are finding it increasingly challenging to concentrate on growth and meeting escalating customer expectations. Capco can help address the increasing cost pressures directly and effectively in areas, including operations, IT and finance.
PAYMENT STRATEGY TRANSFORMATION
Payments modernization is an unavoidable priority in banking. With constantly evolving technology, a rapidly changing regulatory landscape and accelerating consumer and business demands, banks must move quickly - and in the right direction - to take advantage of the world of opportunities global payments offers. Capco helps clients identify strategic investments, implement effective solutions and manage change, to maximize opportunity exploitation in payments.
CORE BANKING TRANSFORMATION
Core banking transformation goes to the very heart of the business, with its complex interdependencies and delicate ecosystem. Action without strategy and cross-functional understanding can cause profound damage. A strategic solution must underpin the enterprise. Capco brings extensive and proven cross-functional experience in core banking strategy, architecture road maps, new platform installation and system upgrades.
CAPCO & MUREX
As a Murex Alliance Partner, adding value to our clients is our most important objective and thinking creatively is how we make it happen. Capco has vast experience in strategic vision setting and designing and delivering large-scale complex transformation programs. We have over 250 consultants specialized in Murex and have successfully completed over 600 Murex engagements worldwide.
CAPCO’S DEEP DIVE ANALYSIS ENGINEERS $13M+ IN COST SAVINGS
Capco’s Strategy team helped a Top 5 US Bank run their operations more efficiently and recognize cost savings well over $2M per year and over $13M in the next 5 years.
FLIPPING THE SCRIPT ON CORE TRANSFORMATION
For the small and medium (SMBs) insurance market, the core system transformation model cannot work. SMBs cannot afford the luxury of investing two to four years and $20-50 million. Fortunately, there’s a significantly better way to implement these projects. First, you must flip the script on how you execute them.
HYBRID OPERATING MODEL EXECUTION
It has never been more imperative for financial institutions to find substantial and safe cost savings. Capco's Hybrid Operating Model Execution (HOME) model allows clients to optimize opportunities in outsourcing through flexible and innovative contracting structures that have delivered up to 30% savings in as little as one year.