PA Consulting’s financial experts, Stefan Knapp and Søren Bligaard Ameland, discuss how established players and newer fintech companies can create synergies through the ecosystem of the financial sector.
A lot can be gained if established actors and newer fintech companies can work out mutually beneficial synergies through the ecosystem of the financial sector. But that requires both companies to position themselves correctly, and partnerships to be formed with strong foundations, PA's experts assess.
Technology, the market, and the demands of customers are changing ever faster. Therefore, it is crucial that companies react with matching speed when new developments occur – whether they are large banks, pensioning companies, or insurance companies, or fintech businesses.
The ability to form partnerships and make use of the ecosystem is one way of keeping up with a changing world, states Stefan Knapp, expert in Financial Services at PA Consulting.
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