In today’s market, nearly one third of investment banks still carry an unsustainable cost structure and are paying a high price for failing to restructure in a timely manner, resulting in substantial losses. This drove Louis-thomas Nessi, Head of Presales at Murex, to develop a thought leadership piece titled: ‘Capital Markets IT Transformation: Why Now?’.
The article addresses the following points in more detail:
• Why this target IT model is so appealing
• Why now is the right moment to restructure
• The importance of collaboration between board level on both the bank and vendor side