Understanding cost per trade to drive transformation
In 2016, McKinsey reported that the top ten global capital markets and investment banks (CMIBs) posted declining revenues for the third year in a row. Banks and trading organisations are under enormous pressure to reduce enterprise costs but traditional approaches to organisational change are proving a challenge and many are struggling to reclaim profitability.
In this paper we explore how detailed analytics can help create detailed cost models that can be used to drive strategic cost reduction programmes.
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