Transforming Financial Institutions: Value Creation through Technology Innovation and Operational Change
By Joerg Ruetschi
Due to be published by Wiley, 3rd February 2022
Hardcover and ebook, priced £40.00
ISBN: 9781119858836
Beset by new regulations following the Global Financial Crisis of 2008, large, international financial institutions are forced to operate significantly below their cost of capital. They seek new ways to transform their operations and re-establish a competitive advantage. At the same time, new technologies have transformed operating platforms and decision-making frameworks. These new technologies have the potential to reinvigorate the industry and put it back on a path to growth. Such a renewal, however, will require substantial investment and a willingness to break up existing organisational structures.
In Transforming Financial Institutions: Value Creation through Technology Innovation and Operational Change, international finance expert Joerg Ruetschi delivers a globally relevant methodology and value creation framework that combines strategic and financial decision-making with asset-liability and technology management.
Whether readers are managers, practitioners, decision makers in the financial services industry, or regulators and private equity professionals, Ruetschi's accessible approach enables financial institutions to differentiate their services and gain back a competitive advantage.
Written in two parts, the book first covers core concepts and managerial fundamentals, including the key principles and tools of strategic planning and analysis, operational efficiency, performance improvement, and mergers and acquisition planning. It also explores the four critical areas of financial decision-making: financial analysis, valuation, modelling, and stress. Asset-liability management is covered as well, as are four emerging technologies-artificial intelligence, blockchain, software, and infrastructure solutions.
The second part demonstrates how these managerial fundamentals are applied in practice, including the process of turnaround and transformation. The author also covers the principles of reorganisation and wind-down insofar as they apply to financial institutions. The framework is applied to growth situations and to specific transactional settings, like transformational mergers and acquisitions and principal investments. Finally, Transforming Financial Institutions includes case studies and examples throughout, examining the application of the book's concepts in real-world settings.
Transforming Financial Institutions will be available wherever books and ebooks are sold, priced £40.00
