Financial Services

Looking for new business models

After the financial and economic crisis of the past years, banks in Germany have consolidated and realigned their business models. Many regulatory requirements have already been implemented. The topic will continue to keep the institutes busy. At the same time, the industry is facing a tremendous transformation in view of the digital developments.

Digitize the banking business and win back customer trust: these are the most important goals of this change process. Other aspects create additional pressure, in particular the private customer business. Non-industry players such as Apple and Google, specialized providers like PayPal, but also FinTech companies manage to convince with uncomplicated products and usually completely digitized processes. They also score with new services tailored to demanding and well-informed customers.

Generate sustainable growth

syracom has been accompanying banks for more than a decade in the implementation of strategic ventures. We uncover optimization potentials and support you in designing and implementing new products and services. At the same time we help you integrate and transform the associated system and process landscapes.

Banking know-how and many years of expertise in the automation of business processes make us the ideal partner for the digitization of your business model. Out consultants focus on consistent customer-orientation. We develop solutions which ensure sustainable growth for your business and at the same time strengthen your organizational agility. This way we create flexible and efficient solutions for you in a dynamic market environment.

The unique production process we realized together with the "Retail Workbench" shows once more the high level of professionalism and the ability of syracom consultants to see the big picture.

Peter Schirmbeck

CEO of DZ Privatbank

bee* INNOVATIVE

DIGITAL BANKING

RETAIL BANKING

INVESTMENT BANKING

ASSET MANAGEMENT

Our asset management consulting team supports you in implementing strategic projects along the entire value-added chain. We feel that the process-related connections between investment companies, custodian banks, fund sales, etc. are elementary prerequisites for integrated consulting.

We welcome the challenge of implementing your varied regulatory requirements, reducing media discontinuity, automating communication processes, and optimizing the interaction between capital investment companies, custodian banks, and other partners. Another significant focus lies on reducing operative risks, in particular in data management, and thus reducing the occurrence of damage cases while at the same time lowering data supply costs.

Take advantage of our technical expertise and professional project management acquired in a numerous project.

PRIVATE BANKING

Banks and credit unions used to view private banking as the traditional guarantor of safe and stable income. However, pressures created by greater competition and narrower margins is now forcing banks to search for new growth strategies even in this sector.

In our capacity as private banking specialist we and our partner Consileon consult with you on strategic questions, work with you to develop marketing and sales solutions, and help you optimize your processes.

Some of the special challenges in private banking currently looming over credit institutions: a coming wave of inheritances, customers' wishes for new pricing models, tougher legal regulations, and finding new customers. We will help you develop strategies for both organic and inorganic growth, identify synergy potential between business units, and generate a target customer matrix. Of course, we will also support you in the implementation of all necessary changes to processes and systems necessitated by changed legal and economic requirements.

Take advantage of our technical expertise and professional project management we have developed in a myriad of projects.

SECURITIES SETTLEMENT

Our securities transactions consulting team helps you face the challenge of representing the entire life cycle of a securities transaction in a transparent, flexible, and cost-effective manner. Our know-how covers all subjects in the process chain: Starting at order receiving and order routing all the way to implementation and reporting.

We support you in achieving a high "straight-through-processing-rate" using a high degree of automation. The spectrum covers automation throughout the order implementation process, i.e. "front-to-back-automation" including the outsourcing of business processes or the entire securities transaction.

Business process integration and connecting processes using innovative information and communications technology to create new business models are the key to your success. Use our technical expertise and professional project management acquired in a numerous project.

PAYMENT TRANSACTIONS

COMPLIANCE: MiFID II, PRIIP, EMIR, Dodd Frank Act

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Interested?

Call me or write me

Hendrik Kurz

Business Unit Manager
Banking

Phone: +49 6122 9176 0