AlixPartners Quarterly // Financial Services
(March 2012)
In our first issue of the AlixPartners Financial Services Quarterly, we explore several key issues facing our industry: Are you ready to take advantage of the significant "digital wallet" opportunity smartphones are creating for financial services providers? Have you considered the impact of consumer trust on your ability to grow your business? And have you evaluated how your choice of IT outsourcers can impact your overall effectiveness?
We invite you to read the inaugural edition of the AlixPartners Financial Services Quarterly to explore these key issues with us.
The Mobile Shopping Revolution: How Mobile is Redefining Shopping and Payments
(March 2012)
While early adopters ranging from large retailers to digital brands and telecom-led consortiums are aggressively pursuing a “digital wallet” solution, retail banks still hold a significant advantage over these new players when it comes to consumer trust. Financial services providers looking to stay ahead of their competitors in the race for the digital wallet need to meet fast-evolving consumer expectations in mobile shopping and payments.
Banking on Innovation
(September 2011)
The traditional banking business model is under severe stress. Banking on Innovation examines the role of breakthrough thinking in banking, and provides a framework for how banks can develop and implement new ideas to supercharge performance and accelerate growth.
Doing De Novo Right
(May 2011)
Constrained by recent regulation that limits or eliminates once-reliable sources of income, banks need core deposits through branches more than ever before. When done right, de novo branches can play an important part in accomplishing this. Yet many, if not most, underperform. Why? Because many banks lack a dedicated de novo strategy built upon four core elements that work together to drive new business into the branch and keep it there: a distinct organization, specialized training and recruitment, tailored marketing and promotions, and a targeted incentive plan.