Bonn, July 31st, 2003. You are familiar with these problems: profitability of banks, state banks and savings banks is decreasing; the omission of the liability for warranty bearers is due in 2004. After a very successful period from 1999 until 2001, securities business today has distinctly slowed down. Basel II calls for strengthening banks' solvency ratio. In short: costs increase faster than revenues. Well-knows analysts keep criticising German institutions for having bad cost-income ratios by European comparison and have called for comprehensive cost-cutting programmes. Today, banks and savings banks are not faced with the question whether to cut costs, but rather how and how quickly.

In this context, IT-departments are required to make a contribution to sustainable cost-cutting and increasing their institutions' revenues. After years in which costs played only a secondary role, they are in prime focus today. The challenge is to achieve two ends simultaneously: cutting costs and exploring new revenues with innovative products and services.

bach consulting is your qualified partner to coach you on this matter. Having a sound know-how in the assessment of IT-systems and organisations, we succeed in providing sustainable support for our customers in their IT-decisions. Our services embrace the whole process from strategic direction to operational implementation in your organisation.

If you are interested in exploring development potential in your company, we look forward to answering your questions regarding cost-cutting and revenue-increasing programmes.

top  |  print