TALOS is an expert for operating model transformation in the European financial services industry. From our offices in Zurich and Luxembourg, we provide consulting services along our client’s entire value chain and address their key objectives: Cost efficiency, regulatory compliance, digital readiness and top-line growth. Our wide range of functional expertise is amplified by our transformation methodology, which offers proven methods, approaches and tools.
The financial services industry is continuously affected by a growing number of regulations that impact almost every service provided. Driven by a company's business model, strategic targets and available resources, regulations can be addressed in many ways. We support our clients in analyzing impact and dependencies of upcoming regulations as well as driving change initiatives to meet regulatory compliance.
Increasingly fierce competition, growing customer expectations and shrinking margins put operating costs in the spotlight for any bottom line improvement efforts. A holistic procurement strategy, central and standardized sourcing as well as effective nearshoring and offshoring programs play a vital role in achieving ambitious cost reduction targets.
The reality is that more than 80% of all transformations in the financial services industry fail. Constantly accelerating reorganization cycles require solid approaches to achieve short-term targets and long-term solution success now more than ever. For more than a decade, we have been supporting our clients in a variety of operating model transformations and we know what it takes to build solutions that work. Our transformation framework and toolset ensure change efficiency, effectiveness and continuous improvement of the implemented solutions.
Today, banks and insurance customers are more tech-savvy than ever before. New market players leverage technical innovations and gain significant parts of the business which was formerly owned by banks and insurance companies. We join our clients on their journey from defining a digital strategy, identifying solutions or partners and driving digital change initiatives within large and small organizations.