The banking transformation journey.

Featured Speaker: Niels Mærkedahl, McKinsey & Company

06 January 2021
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0:24 h
 

The banking transformation journey.

Banking transformation is not new, but there is now a heightened urgency for traditional banks to modernise not only their technology, but their mindset and culture.

Transformation is complex - McKinsey estimates that less than 30% of these banking transformations are successful. What is it that’s going wrong and how can you ensure the success of your own transformation project?


To explore this critical challenge and determine some best practices, Niels Mærkedahl, Associate Partner from McKinsey & Company and Justus Roux, Solution Engineering Manager for Mambu, join us and share their combined 30+ years of experience in banking transformation. They share key do’s and don’ts and lessons learned from banking transformation projects around the world.

 

Our speakers

  • Niels Mærkedahl

    Associate Partner, McKinsey & Company

  • Justus Roux

    Solutions Engineer Manager EMEA, Mambu

Chapter overview

  • from 01:59

    Why does banking transformation seem to be a continuous process?

  • from 03:34

    Banking transformation misconceptions.

  • from 05:11

    What are the top 3 reasons that transformation efforts fall short in some traditional banks?

  • from 10:42

    The role of culture in banking transformation.

  • from 16:48

    The role of technology in banking transformation.

justus

Technology is not a silver bullet. It is an enabler. We can’t change the technology and go forward with the same processes, the same thinking.  

Justus Roux

Solutions Engineer Manager EMEA, Mambu

niels

If you are standing still you are on a path to become obsolete. You should be in a constant dynamic mode of changing the way you operate, the way you deliver products to customers.  

Niels Mærkedahl

Associate Partner, McKinsey & Company

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Featured Speaker: Niels Mærkedahl, McKinsey & Company

Niels Mærkedahl is an Associate Partner and a core leader of the McKinsey & Company’s digital practice in Asia. He lives in Singapore and works with Banks on driving digital, organisational and technical transformations. He has more than 17 years of transformation experience and currently leads the McKinsey Banking Technology practice in South East Asia.

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