FINANCIAL SERVICES
Challenges facing the financial services sector
The financial services sector is a cornerstone of the global economy. Its expansive nature means that the needs of the industry are not one-size fits all, rather each organisation has its own complex set of customer, regulatory and market dynamics. As trusted transformation partners, we can help you find innovative ways to address past and current strategic challenges.
Wealth management and private banking
The industry is undergoing seismic change in response to opportunities emerging from new technology, evolving customer demands and the democratisation of wealth management and private banking services. Firms now recognise the need to transform the customer experience while offering holistic, digitally enabled, financial advice. Structurally, the industry is witnessing accelerated consolidation through private equity and M&A, in an attempt to solidify market position and scale. This is having profound impacts on operating models as well as on people, culture and ways of working. Firms must embrace these changes and carefully consider impacts, or risk getting left behind.
Banking and capital markets
Banks and capital markets are grappling with a multi-faceted, challenging change agenda. With the march of digital and fintech, customers expect integrated, seamless, cross-channel experiences and increasingly want their banks to have a societal purpose. The rise of digital increases fraud and cybersecurity risks, while the role of regulators is evolving to focus on increased supervision and enforcement. When considered in totality, market participants must implement more agile and resilient operating models, offer better digital experiences, become more client-centric and embrace innovation.
Insurance
Insurtech is driving insurers to enhance the experiences of their customers, brokers and cover holders alike, as well as improving their use and management of data. New propositions and services are ever-more important to meeting customer needs. Many insurers must also address fragmented and dated legacy systems, which have high operational costs and constrain innovation. These changes need to be managed against a backdrop of greater regulation and the FCA’s conduct spotlight, which is increasingly focusing on the insurance industry.
Our Credentials
We are privileged to be supporting some of the largest and most influential financial services organisations as they design and execute their most complex change agendas. View some of our client stories here.
”The Gate One team did a phenomenal job. I am not an easy marker, but I am extremely pleased with both the team's performance and the attitude they brought. We have been very successful and the team has played an integral role in the results we have achieved.
CEO, capital markets organisation
Our Insights
Our team of experts share their insights about the things that matter in the financial services sector. You can read some of them here.
Filter
Meet some of our team
Alex is an accomplished management consultant, delivering strategy, operating model, business and digital transformation projects across a wide variety of financial services organisations. Alex has experience in investment banking, with a passion for leading digital transformation design and delivery. He also has experience delivering strategy and change projects for financial intermediates, private banks and wealth managers.
Passionate about driving transformative change in large and complex organisations, Chris brings over 13 years of industry and consulting experience to the table. Throughout his career, he has been deeply involved in the Irish and UK markets, primarily within the Financial Services sector. His focus has revolved around spearheading risk and regulatory programmes, specialising in complex transformation leadership and programme delivery. Currently, Chris holds the position of Principal Consultant and FS sector lead at Gate One Ireland, where he specialises in leading large-scale complex transformation projects for both domestic and international financial services clients. Collaborating closely with our clients, we strive to revolutionise their business, technology, and operational capabilities, driving revenue growth, facilitating digital transformation, and enhancing operational stability and efficiency.
Andy is a seasoned senior consultant with a strong background in Financial Services and Life Sciences with over 7 years of experience in consulting. He specializes in Project Management, PMO, and Business Analysis within the realm of Digital Transformation, Change Management, Regulatory compliance, and Service Improvement. Andy’s expertise also extends to Information security and Quality Management, making him well-versed in ensuring the highest client standards are met in these critical areas.
Alex is an accomplished management consultant, delivering strategy, operating model, business and digital transformation projects across a wide variety of financial services organisations. Alex has experience in investment banking, with a passion for leading digital transformation design and delivery. He also has experience delivering strategy and change projects for financial intermediates, private banks and wealth managers.
Alex is an accomplished management consultant, delivering strategy, operating model, business and digital transformation projects across a wide variety of financial services organisations. Alex has experience in investment banking, with a passion for leading digital transformation design and delivery. He also has experience delivering strategy and change projects for financial intermediates, private banks and wealth managers.
Alex is an accomplished management consultant, delivering strategy, operating model, business and digital transformation projects across a wide variety of financial services organisations. Alex has experience in investment banking, with a passion for leading digital transformation design and delivery. He also has experience delivering strategy and change projects for financial intermediates, private banks and wealth managers.
Alex is an accomplished management consultant, delivering strategy, operating model, business and digital transformation projects across a wide variety of financial services organisations. Alex has experience in investment banking, with a passion for leading digital transformation design and delivery. He also has experience delivering strategy and change projects for financial intermediates, private banks and wealth managers.
If you would like to speak to us about how we can help you address past and future strategic challenges, please contact Cathy Porritt.
