Whitepaper
Banking’s Digital Imperative
Navigating Declining Return On Equity and the Path to Profitable Transformation
Banking ROE projected to fall below 7.2% by 2030
The global banking sector faces mounting pressure as Return on Equity (ROE) continues to decline. Incumbent banks and financial institutions (FIs) must act urgently to modernise and compete with agile digital challengers. This eBook provides actionable strategies for banks and FIs to address the ROE challenge by leveraging open finance solutions, including Banking-as-a-Service (BaaS), digital banking, and the modernisation of incumbent infrastructure to unlock new revenue streams and drive innovation. Key Highlights:
- ROE Insights: Understand global and regional trends driving profitability challenges.
- Strategic Growth Solutions: Leverage BaaS and digital banking to enhance customer experiences and grow ecosystems.
- Modernisation Pathways: Explore incremental, low-risk approaches like dual-mode evolution to transform infrastructure without costly rip-and-replace models.
- Real-World Results: Learn from case studies like Standard Chartered’s partnership with all-commerce platform Bukalapak in Indonesia, showcasing how ecosystem partnerships deliver measurable success.
Unpacking the whitepaper
- The ROE challenge: Understanding the global banking landscape
- Tackling the ROE challenge: Strategic solutions
- Dual-mode evolution: Incrementally unlocking benefits
- Weighing the costs: Rip-and-replace vs dual-mode approach
- Our solution: Synpulse and audax