Sweeping changes are taking place in the banking world. Digital disruptors and a new wave of ambitious non-banking players have already jostled their way forward in areas including consumer and institutional banking. Until now corporate banking has remained relatively protected - but a significant shift is underway. This is likely to result in a new open and interconnected corporate banking “ecosystem”. In some parts of corporate banking this may take place gradually – yet many businesses are vulnerable, particularly those with the highest margins. In this report, Ecosystem Thinking, we have identified four key battlegrounds that will play a pivotal role in the disruption process. As the open ecosystem takes shape, we ask ourselves, how can the corporate banking sector turn threat into opportunity?
Corporate Banking Ecosystem