![]() ![]() In light of these and other factors, financial services leaders must build a world-class discipline for M&A integration. And if partnerships are challenging, full-blown acquisitions are only more difficult. A recent Gartner survey revealed that only 41% of financial services leaders feel highly or extremely confident to successfully manage partnerships with other companies. Moreover, Gartner research suggests that financial services leaders feel less than fully prepared to navigate these dynamics. Providers cannot afford to have their critical role in customers’ lives disrupted by a rocky integration. And financial services firms continue to play an indispensable role in helping clients navigate the recovery. ![]() No industry played a more crucial role than financial services in helping consumers, business owners, and high-net-worth individuals navigate the COVID-19 pandemic. The role of financial providers in client empowerment – of all the reasons why M&A integration particularly matters in financial services, this one is most critical.The unique value of these acquisitions can easily be destroyed during integration without proper care. These deals often involve buying smaller firms with cultural norms, processes, and ways of working that differ significantly from legacy financial providers. The rise of fintech acquisitions – financial providers are increasingly making technology acquisitions to build fundamentally new capabilities. ![]() With financial providers transforming their business models via blockchain, public cloud, APIs, microservices, and other innovations, deal integration becomes more difficult as transactions often involve both the acquirer and the target in a state of flux.
0 Comments
Leave a Reply. |