In the initial three installments of our Growth and Cost Takeout for Capital Markets Series, we detailed the imperative for growth and cost takeout to work in tandem. In this follow-on piece, we build the case for capital markets firms to embrace the product mindset to navigate the complexity and agile ways of working required to grow and become more efficient at the same time.
- As the capital markets industry accelerates into the digital age, firms must prioritize user experience/customer experience and further emphasize digital innovation and infrastructure simplification
- Financial institutions must embrace the product mindset to navigate the complexity and the agile culture that is required to execute successfully
- Product managers are proponents of the product mindset, helping to reduce cost and increase growth as financial institutions (FIs) undergo digital transformation
- Positioning product managers for success will allow your other high-cost front-office resources to focus on driving revenue rather than navigating infrastructure
To learn more, visit our Strategy, Digital and Capital Markets solution/industry pages.