Financial Services Technology Consulting

Increased consumer demand for digital banking services has given rise to numerous technological advancements within financial institutions—with cognitive technologies, RPA and artificial intelligence (AI), optical character recognition (OCR) and workflow engines supporting the digitalization of the core banking processes. Banks rely on these latest technologies to automate back-end operations such as administrative tasks and data processing.

• Design thinking approach & radical process re-engineering of front-end and back-office processes
• Support defining the state-of-the-art future banking processes with appropriate automation components
• Implementation spanning from client onboarding process to data processing in the back office
• Utilize advanced automated systems and workflows for workforce management to provide seamless, streamlined operations
  

The need to transform the architecture is becoming increasingly important in this context. What's more, IT must design and implement an architecture that supports a wealth of new innovations. Our team encompasses the transformation in a digital way of traditional processes and the innovation of digital outdated processes . From the beginning until the end the focus of our team is to innovate entire E2E processes with a modular approach.

Payments, open banking and PSD2 implementation

Digital processes and digital platform transformation in order to master continuous deployment with a digital solution

Digital Credit and Digital Lending Transformation including Credit Risk dashboards

Digital journey and technology solutions implementations that are ESG compliant. E.g.: Customer onboarding, credit/investment in green products

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We provide an effective connection between technology and financial services. Our team supports you from business analysis to the management of operational implementation and quality assurance. Therefore, we combine classical project management with agile methodologies (SAFe, DevOps,..) and Lean Six Sigma principles.

• Controlling portfolios, programs and projects with standardized methodologies
• Combining classical project management with agile methods (SAFe, DevOps..) and lean six sigma
• Enabling structured access and reuse of requirements through optimized requirements management
• Increasing the efficiency of test and release management in (agile) IT transformations
  

Mehr erfahren zu Tech Bridge und Agilität

In the age of e-currencies, e-payments and online services for new customer acquisition, IT landscapes for banks and insurance companies become ever more complex in nature. Through these developments, an approach solely focused on financial resources is far from being adequate in the modern environment. Through our IT due diligence offerings, our experts manage to combine their knowledge of the digital and functional aspects, therefore navigating seamlessly through the process, adding substantial value to our customers.

• Development of an IT enterprise architecture blueprint, for the core banking business as well as for satellites
• Infrastructure separation / integration incl. cutover, network segmentation / integration and user access incl. introduction of firewalls
• Review of the virtual data room for IT information with strong focus on cyber security
• IT license separation/integration strategy and alignment to achieve license compliance

Find out more about IT Due Diligence

Complying with rapidly changing regulations in the financial sector is leading to a growing demand for technology transformation, digitalization, process optimisation and automation in the area of Finance, Accounting & Risk and increasing need for financial reporting to adopt changes faster, more effectively and being more agile. This occurs in correspondence to managing financial products as a separated Sub-Ledger and to standard software for General Ledger Systems, Data Warehouse, Risk & Reporting Tools.

• Financial & Accounting IT (agile) transformation (i.e. SAP S/4 HANA FI-CO, PaPM, FPSL)

• Regulatory reporting requirements support (i.e. IFRS9, IFRS17, Basel I, II & III, Solvency II)

• Centralizing operational systems and accounting logic in one subledger (i.e. SAP FPSL)

• Accounting & Reporting process optimization and operational workflow automation

In recent years, banks have accumulated large amounts of data mainly for regulatory purposes and now it is time to turn data into money. Such a great amount of data provides a big opportunity for analysis and cross selling. PwC supports in simplifying the way to gather data, have a single point of truth and ensure data quality, consistency, accuracy, complexity and the right timing.

• Data Warehouse, Business Intelligence & Reporting Tools
• Data Governance, Masterdata & Data Quality Management
• Predictive analysis and what-if simulations
• Finance- and Risk Management tool implementation (FRMP, IFRS-9, Forbearance, FATCA/CRS, etc.)
  

Our team provides integrated, end-to-end digital and experience solutions from strategy, innovation through to execution for risk management and financial crimes. We also focus on performing technical due diligence, defining use cases, and developing the implementation roadmap to drive change in the organization.

• Analyze the impact of an ever-evolving regulatory environment and help you integrate innovative solutions into your business
• Strengthen customer satisfaction through streamlined applications and low-threshold access to products
• Automate asset allocation and management
• Adaptive and automated integration of services and products tailored to customer risk

Learn more about Risk Regulation Technology (German Language) 

A team of full stack software developers is delivering new technological solutions — made-to-order or in an agile fashion, as part of your change organization or even dev-ops. Our teams are able to cover the full software development lifecycle, from requirement management, through design and implementation to rollout and operation. A dedicated team can take care of product maintenance and running the application after deployments.

• F/E (Angular, React, NodeJS, …) as well as B/E technologies, cloud as well as on-prem
• A wide range of data platforms (Oracle, Microsoft, Teradata, Palantir, Hadoop, …)
• Legacy as well as current and future (Cobol to Java to Swift to …), enterprise solution stacks (Power*, Cognos, Microstrategy, …)
• FS solution extension and integration (Swift, Filenet, Flexcube, …)