With tax season in full swing in the US and other parts of the world, leading financial institutions are claiming an advantage of their own. Forward-looking institutions are moving early, turning advanced technologies like quantum computing into practical advantages while preparing for emerging risks.
At the same time, growing technological complexity is making the operating landscape harder for organizations to navigate—raising the need for systematic, radical simplification to boost productivity and effectiveness.
McKinsey’s latest research, written by Senior Partner Matthieu Lemerle and others, outlines ways financial institutions can meet this challenge, like “using transformative methods that include both the pursuit of AI technologies and new tech operating models, while also tapping traditional evergreen levers.”
Those that get this right will not just keep pace, but set the agenda for the industry’s next phase. Explore our latest insights to see how organizations can navigate complexity with the power of technology.
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