Although it may seem that the world is increasingly volatile, uncertain, complex and ambiguous, we can also have some optimism – despite the persistent threats. Together, with the right planning and focus, we can make financial services strong and resilient.
Altus Consulting has looked at all the key global experts’ commentaries, across the breadth of economic, political and technological risks and opportunities facing the financial services industry for 2024, and we’ve picked out what we think is most relevant for you and summarised it here, in this handy cheat sheet. All the big impacts, in one place, and what they mean to your business.
It’s clear that the two biggest themes are the need for deeper and more robust operational resilience in the financial system, and which has been a key focus for regulators; alongside digitisation, where we expect AI and other emerging technologies to drive the next step change in efficiency, risk management and service personalisation. Better, faster, more personal, and more resilient.
