http://www.booz.com/fs-foresight Booz & Company's latest thinking on creating essential advantage in financial services. Wed, 16 May 2012 11:44:30 -0500 http://www.booz.com/media/image/boozco-logo_for_rss.gif http://www.booz.com/fs-foresight 88 30 http://www.booz.com/media/uploads/BoozCo-Managing-Liquidity-New-Regulatory-Era.pdf?gko=96b57 During their meeting in Seoul in November 2010, to strengthen the resilience of the global financial industry, the G-20 countries approved the new rules for banking regulation known as Basel III. The provisions governing bank funding and liquidity management will have a more fundamental impact on banks' business models than many executives expect. Those banks that fail to develop alternative sources of funding will need to adjust their business models significantly. On both the tactical and strategic fronts, Booz & Company proposes several options for banks to consider. by Philipp Wackerbeck, Peter Gassmann, and Robert Fiedler Sun, 25 Mar 2012 23:00:00 -0500 http://www.booz.com/media/uploads/BoozCo-Managing-Liquidity-New-Regulatory-Era.pdf?gko=96b57 http://www.strategy-business.com/article/12105?gko=b2721 A new study of inorganic growth shows that deals made to enhance or leverage the things that companies do well consistently outperform others. by Gerald Adolph, Cesare Mainardi, and J. Neely Sun, 25 Mar 2012 22:59:00 -0500 http://www.strategy-business.com/article/12105?gko=b2721 http://www.booz.com/media/uploads/BoozCo-Road-to-Resilience-Basel-III-Challenges.pdf?gko=96b57 The new capital and liquidity require­ments imposed by Basel III, coupled with the invest­ments needed to comply with the regulation, will significantly lower banks' return on equity (ROE). Even as banks study how the rules will impact various lines of business, they must take concrete steps immediately to comply with Basel III. Those that delay implementation will be perceived as less sophisticated and also riskier than those that embrace the changes early on. by Peter Gassmann, Philipp Wackerbeck, and Daniel Weber Sun, 25 Mar 2012 22:58:00 -0500 http://www.booz.com/media/uploads/BoozCo-Road-to-Resilience-Basel-III-Challenges.pdf?gko=96b57 http://www.booz.com/media/uploads/BoozCo-Improving-Efficiency-Bank-Cash-Operations.pdf?gko=96b57 Banks currently pay 80 percent of the bill to provide cash, and cashless payments are forcing up the cost per cash transaction. In response, there are three waves of cost reduction that banks around the world are taking to reduce their cash costs. by Victor Koss, Christiaan Lageweg, Greg Lavery, and Marijn Struben Sun, 25 Mar 2012 22:57:00 -0500 http://www.booz.com/media/uploads/BoozCo-Improving-Efficiency-Bank-Cash-Operations.pdf?gko=96b57 http://www.booz.com/media/uploads/BoozCo-Lean-LedBusiness-Transformation-Financial-Services.pdf?gko=96b57 Financial services (FS) firms are in the middle of a challenging period. Real and lasting holistic change is essential--and it can be achieved by following a pathway called "Lean-led business transformation." This approach can reduce costs while also helping better meet customer demands, increase transparency for risk management, and create capacity for growth. by Roman Regelman, Kelley Mavros, Pinar Kip, and Janelle Prevost Thu, 08 Dec 2011 02:00:00 -0600 http://www.booz.com/media/uploads/BoozCo-Lean-LedBusiness-Transformation-Financial-Services.pdf?gko=96b57 http://www.booz.com/media/uploads/BoozCo-Value-Creation-Tutorial-Private-Equity.pdf?gko=96b57 Certain companies are singularly adept at adapting their business to create and sustain value over time, but most are not. It's here that the example of top-tier private equity (PE) firms can be illuminating and useful. In this Perspective we explore seven private equity lessons that public companies can apply or adapt. by Vinay Couto, Ashok Divakaran, Harry Hawkes, and Deniz Caglar Thu, 08 Dec 2011 01:59:00 -0600 http://www.booz.com/media/uploads/BoozCo-Value-Creation-Tutorial-Private-Equity.pdf?gko=96b57