Fintech Industry Analysis – AlphaValley Advisors

Analysing Implications of Technology Mega Trends on Banking

Fintech | Banking

Determine the strategy of select banks towards tech mega trends

The accelerated advancements in technology have reshaped industries for good, and banking is no different. While leading banks have emerged as leaders in technology adoption, they also face disruption from mushrooming fintech startups. The client, a communication technology major, counts banking as an emerging customer vertical for its several LoB. The client was developing a fintech offering for banks. Hence they wanted to determine the impact of mega trends of select eight international banks.

Challenges

Market Research

Data Analysis

Report Presentation

Solution

Research

AlphaValley team developed a framework for conducting data research. The team dug deep into the bank’s investor presentations, executive interviews, annual reports, and tech/analyst presentations. We also used market research databases to plug the missing gaps.

Data analysis

The team analysed the preparedness levels of each target bank on the identified megatrends. We used quantitative analysis technique to enforce objectivity in the analysis. However, we also presented a supplementary qualitative analysis to the client. Each bank had a unique approach to adopting fintech solutions into their service offerings. We supplemented these findings with insights on changing consumer trends to validate the push for the development of fintech solutions.

Report presentation

The target audience for this report was senior management, which meant we had to ensure brevity while providing all the supporting facts. The client wanted the analysis to be in a reusable template since they wished to study a few more verticals. We delivered a concise and insightful presentation that included more visuals.

Outcome

The report helped the client uncover critical insights into the banks’ response to rapidly evolving technology. See below some scrubbed slides from the presentation.