Utility Solutions in Capital Markets: Paving the Way for Operational Transformation

Capital market firms have been reeling under pressure since the crisis of 2008. Cutting costs to boost sub-optimal levels of RoE is becoming essential against the backdrop of tepid revenue growth and regulatory changes. While most banks have taken short-term measures like headcount reduction to contain costs, they are now forced to consider long-term fundamental restructuring of operations to achieve the next level of cost reduction targets.