Transforming Bank Compliance with Smart Technologies
Banks’ regulatory compliance functions are under pressure after massive fines in recent years. New operating models and smart technologies offer financial institutions a fresh approach.
Banks’ regulatory compliance functions are under pressure after massive fines in recent years. New operating models and smart technologies offer financial institutions a fresh approach.
Efficiency in supply chain operations shouldn’t come at the expense of flexibility. Here’s how leading companies achieve both.
Some of BCG's best advice to help provider, payer, biopharma, and medtech executives address the challenges and changes affecting the health care sector.
BCG Executive Perspectives offer insights on global topics that matter most to leaders in the public and private sectors. This edition helps leaders find answers and shape opinions in order to navigate the COVID-19 crisis recovery in their own environments.
Data is increasingly valuable, yet some organizations lack the capabilities to capitalize on it. A key first step is setting realistic ambitions to improve data maturity.
Established robotics companies must counter startups that are innovating in areas with the potential to generate high profits and alter the dimensions of the industry.
The best engines cover the entire data life cycle—from sourcing and analysis to integration into decision making.
For insurance companies considering a digital transformation of their business, how they transform their IT can be as important as where they end up.
BCG Executive Perspectives offer insights on global topics that matter most to leaders in the public and private sectors. This edition examines the rapidly expanding cybersecurity threat and how CEOs should prepare their organizations accordingly.
Not every application or data asset requires the same type or level of cybersecurity protection. BCG’s Cyber Doppler tool quantifies the likelihood of a cyberattack occurring as well as the impact of a successful attack.
With millions of office employees suddenly working from home, companies are more exposed to cyber attack than ever before. Take these seven steps now to protect your IT and sensitive data.
The best response: answer this question with questions. That way, you can make an informed decision about what’s right for your organization.
The status quo is no longer sustainable. With bank profitability under pressure, treasurers must improve efficiency, optimize financial resource management, and fast-track digitization.
By accelerating digitization, bank treasuries can potentially increase average net interest income contributions by 10% to 15%.
Successful finance functions will steer performance across the company toward achieving the corporate purpose.
CFOs say it’s finally time to slay the three-headed corporate budgeting monster.
Banks that fortify their core will emerge from the pandemic fitter and with the financial muscle to be a bulwark for customers and the broader community.
For digital bancassurance to take off, these things have to change.
They remain a critical source of information and guidance, a survey shows—even with the pandemic having pushed many activities online.
Insurers investing in data science projects should focus on three critical dimensions: time, value, and certainty.
BCG’s Antti Belt gives insight on how traditional leaders can combat new digital players encroaching on their turf by thinking how they want to compete, which small digital projects they can launch, and scaling their best projects fast.
BCG’s Eric Boudier discusses the importance of commodity trading and risk management.
By making smart moves and adopting the right business model, companies can mitigate the risks and capture the upside of digitization.
Digital forces are transforming commodity trading’s value chain and sources of competitive advantage, redistributing billions of dollars in trading value in the process.
Blockchain might not be the panacea some anticipate. But the hype surrounding it could drive attention and solutions to the problems that plague commodity trading.
As the current crisis demonstrates, biopharma and medtech companies need to safeguard their networks against unanticipated disruptions. Here’s how.
To unlock the full potential of digital, companies need to embed digital elements in their organizations from top to bottom and side to side.
BCG Executive Perspectives offer insights on global topics that matter most to leaders in the public and private sectors. This edition explores how COVID-19, geopolitics, and the explicit linking of climate policy and trade policy are affecting global trade trends.
Digital talent platforms have matured, offering on-demand access to highly skilled workers. Given the talent problem posed by demographic changes, rapid automation, and digital transformation (and intensified by COVID-19), many companies are using digital platforms to hire gig workers with the capabilities they require—but in an ad hoc way. Now they need to get strategic about it.
This report discusses how companies around the world are navigating a rising tide of regulatory and consumer expectations to optimize their compliance target operating models (TOMs). The insights here are based on a global, cross-industry survey of more than 150 companies. The report reveals the maturity of companies' approaches, resource availability and organizational context, as well as current progress on the digitization of key functions.
For now, corporate sustainability spending may be curtailed. But investors believe that in the long run, ESG will remain a powerful driver of portfolio performance.