Digital Pulse Check Switzerland
We are pleased to announce the recently published "Digital Pulse Check" study on the current status of digital transformation in the banking sector.
Together with the strategy and management consultancy zeb, we have recorded and evaluated the various aspects of digitalization and its operational implementation at around 150 financial institutions in Europe and compared those findings with the level of development of Swiss banks.
The "Digital Pulse Check" thus enables a comprehensive, cross-national assessment of how the digital transformation of banks is progressing, where the greatest challenges lie and which innovations banks want to actively introduce by 2023. From the insights gained, the study authors also derive 10 key findings that reflect the digital maturity of the banking sector.
In addition to the level of digital maturity, the study focuses more deeply on two specific topics. To what extent advanced analytics in the field of anti-money laundering can help to improve compliance and reduce the operational burden is shown by SFI Prof. Damir Filipović (EPFL) and tokenized assets, which are considered to offer significant economic potential, are explained by SFI Prof. Ruediger Fahlenbrach (EPFL).