The progress made by French banks since the 2007 crisis to strengthen their balance sheets and their financing structure is clear. By improving the quality of their prudential ratios and anticipating compliance with new regulatory requirements, the major banking groups are posting solid results in a macroeconomic environment that is sometimes difficult to assess.
Banks are being forced to reinvent themselves and undertake numerous transformation plans in order to respond to:
As a result, banks are revising their business models, rationalising their networks, investing in their information systems and multiplying Fintech partnerships and acquisitions. They are adapting to market trends and opening up new prospects for value creation by taking advantage of their large volume of data (Big Data and Analytics). Banks are developing new commercial approaches and offers that are both technologically innovative, more accessible and increasingly customer-oriented through a smooth, simple and personalised user experience.
All these developments are likely to generate new sources of revenue but also new risks that must be managed: business continuity, cybersecurity, data processing, etc.
To respond to these new issues, we provide our clients with the guarantee of customised, analytical and rigorous work, precise and continuously updated knowledge of the Bank’s market, a combination of rare skills combining expertise in strategy consulting and mathematical and statistical skills, as well as a focus on impact research for our clients.
Ares & Co relies in particular on: