Finance
With uncertain financial markets and weaker share portfolio performances, most financial institutions faced falling cost/income ratios last year. For this reason, financial institutions are also looking into solutions and models that can bring down costs and offer added value to their business.
This has produced a number of trends:
- Financial institutions are moving increasingly towards co-sourcing with a small number of preferential partners. Tactically, clearly specified services are being sourced from integrators such as Telindus, with the customer retaining overall strategic control.
- Following this is the trend towards integrating several applications within the existing network. Whereas previously separate networks existed for voice, video, surveillance and so on, applications today are being integrated within the same network.
- On an international level, cost-effective structures are being developed with lower overheads. They focus on a more international approach to projects in order to achieve scale benefits.
- The new Basel II guidelines require financial institutions to maximise control of their financial, business and operating risks. Telindus offers specific business solutions in this field, strengthening last year's position with unique concepts such as security services.