Mon, Sep 20, 2021
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

White paper: Swiss banking needs to evolve now

Thursday, September 08, 2016

Benedicte Gravrand, Opalesque Geneva:

As the banking industry is evolving in terms of efficiency, streamlining and innovation, Swiss banking lags. And if Swiss banks do not catch up in the next few years, they may not survive, according to a white paper by the Swiss Finance Institute, a Geneva-based foundation focused on research and education.

In a white paper called Industrializing Swiss Private Banks: A Strategic Road Map, Pascal Gantenbein, professor of financial management at the University of Basel and Kristof Trautwein, who holds an MSc in business and economics from the same university, set out to analyse the industrialisation processes of Swiss private banks and give recommendations for doing so.

Banking industrialisation is a broad catchall term for breaking banks’ value chains up in order to achieve higher efficiency, innovation, and reduced complexity. That includes digitisation, new services, and the use of service providers.

From 2007 on, the banking system has shifted its business focus away from investment banking toward wealth management or private banking, and improved its technology or services. The business of banking has become more complex too, what with new technology, new regulations, more complex operational systems and financial products, and the interconnection of business functions. New players use disruptive innovations and offer new ways to conduct business, such as digitalisation (Fintech and mobile banking).

......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. SPACs: The fall of the SPAC market has digital media companies in disagreement about best path forward, Cannae Holdings: SPAC bloodbath provides a good entry point, British car startup Cazoo raises $1bn from SPAC merger, Europe's incoming SPAC boom will create a demand for talent[more]

    The fall of the SPAC market has digital media companies in disagreement about best path forward From CNBC: The digital media industry has reached a strategic crossroads. Earlier this year, special purpose acquisition vehicles (SPACs) appeared to be the long-awaited savior of digital me

  2. Property: Real estate's new moneymaker is not design-driven, it's alternative, Two Sigma building quant tools to hunt real estate bargains[more]

    Real estate's new moneymaker is not design-driven, it's alternative From Forbes: There has been a recent shift of attention in the real estate market as to the types of investments which make the strongest returns. In the past, it's always been a combination of good design, prim

  3. PE/VC: Private equity GPs, LPs alike working on diversity and inclusion, Chinese regulator vows to crack down on private equity, venture capital funds, The VC playbook for portfolio companies: learning from the Covid-19 crisis[more]

    Private equity GPs, LPs alike working on diversity and inclusion From PIonline.com: Private equity general partners and limited partners are doing more to increase diversity in private markets, according to a report released Tuesday by the Institutional Limited Partners Association.

  4. PE/VC: Private equity continues to lead fund closings, Venture capital firms are fighting to throw money at cleantech[more]

    Private equity continues to lead fund closings From PIonline.com: Among private fund closings, private equity funds have led the pack starting in 2011, based on data collected by Pensions & Investments. During those years, private equity's share has ranged from 56% to 72% of the total

  5. PE/VC: Climate tech is hot, but VCs can't forget about water, Five top trusts to tap into the private equity boom[more]

    Climate tech is hot, but VCs can't forget about water From Crunch Base: "It is unequivocal that human influence has warmed the atmosphere, oceans, and land." These fiery words come from the latest landmark U.N. report detailing intensifying, universal climate change impacts. They cover