As global competition continues to grow, German financial service providers find themselves subjected to ever greater cost pressures. The challenge of responding quickly and flexibly to constantly changing market demands and customer needs, while at the same time taking the growing regulatory requirements into account, becomes a question of survival.

In many cases, mergers can contribute to improvement in a company’s own market position, equity endowment, and impact in international competition. Moreover, mergers and acquisitions can realize cost advantages owing to synergy effects such as joint use of infrastructures and services. But very often advantages cannot be realized because the integration process fails at any early stage and the complexity of daily operating business is being underestimated.

Being a leading ICT management consulting company, Detecon offers support during the modularization of services, the standardization and consolidation of the system landscapes associated e.g. with Post Merger Integration, the evaluation of core competences, and the development of possible sourcing scenarios required to meet the market’s challenges. If they are to survive in the face of the competition, financial service providers have no choice but to set themselves apart from others by offering new services. During the development of new business models, Detecon also aids in the exploration of new customer potential waiting to be exploited, such as systematic developments to strengthen loyalty among existing customers. Turn the tightening regulatory requirements to your advantage on the way to increasing the flexibility of your processes and services.