Transforming Financial Institutions: Value Creation through Technology Innovation and Operational Change (The Wiley Finance Series) - Hardcover

Über die Autorin bzw. den Autor

JOERG RUETSCHI, PhD, is a value creation and turnaround specialist at the intersection of finance and technology. He has nearly 20 years’ international experience in banking and finance and holds a doctorate in finance, a Certified Turnaround Professional certification, and is a Chartered Financial Analyst.

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TRANSFORMING FINANCIAL INSTITUTIONS

A grounded and practical value creation methodology for financial leaders and decision-makers

Beset by new regulations effectively forcing them to operate significantly below their cost of capital, large and complex financial institutions seek new ways to transform their operations and reestablish a competitive advantage.

Transforming Financial Institutions: Value Creation through Technology Innovation and Operational Change offers readers an eye-opening and accessible framework and methodology for organizational change at financial institutions. The book provides the core concepts and managerial fundamentals that drive decision-making and operational delivery at successful financial services.

At the same time, Joerg Ruetschi explains how to apply these principles in reality. He outlines the process of turnaround and transformation, as well as reorganization and wind-down, insofar as they apply to financial institutions. He also demonstrates their application to specific growth situations and transactional settings, like transformational mergers and acquisitions and principal investments.

With illuminating case studies and real-world examples included throughout the book, Transforming Financial Institutions: Value Creation through Technology Innovation and Operational Change is required reading for managers, practitioners, and decision-makers in the financial services industry. It also belongs in the libraries of regulators and private equity professionals.

Aus dem Klappentext

Following the financial crisis of 2008, large, complex financial institutions operate with a return on equity significantly less than their cost of capital. At the same time, new technologies have transformed operating platforms and decision-making frameworks. These new technologies have the potential to reinvigorate the industry and put it back on a path to growth. Such a renewal, however, will require substantial investment and a willingness to break up existing organizational structures.

In Transforming Financial Institutions: Value Creation through Technology Innovation and Operational Change, Joerg Ruetschi delivers a globally relevant methodology and value creation framework that combines strategic and financial decision-making with asset-liability and technology management. His accessible approach enables financial institutions to differentiate their services and gain back a competitive advantage.

Written in two parts, the book first covers core concepts and managerial fundamentals, including the key principles and tools of strategic planning and analysis, operational efficiency, performance improvement, and mergers and acquisition planning. It also explores the four critical areas of financial decision-making: financial analysis, valuation, modeling, and stress. Asset-liability management is covered as well, as are four emerging technologies―artificial intelligence, blockchain, software, and infrastructure solutions.

The second part of the book demonstrates how these managerial fundamentals are applied in practice, including the process of turnaround and transformation. The author also covers the principles of reorganisation and wind-down insofar as they apply to financial institutions. The framework is applied to growth situations as well, and to specific transactional settings, like transformational mergers and acquisitions and principal investments.

Finally, Transforming Financial Institutions: Value Creation through Technology Innovation and Operational Change includes case studies and examples throughout, examining the application of the book’s concepts in real-world settings.