The world of banking is changing rapidly - new business models and technologies emerge and require financial institutions to identify and adapt to new market and competitor conditions continuously.
A global megatrend is the ever-increasing importance of data and the ability to utilize data for business decision-making and opportunities. This places significant strain on financial institutions to keep up, and increase, its quantitative and tech-driven expertise – it particularly challenges companies that are not traditionally endowed with such competencies and who rely primarily on external and cooperative IT centers for solutions advances.
The future winners in banking will be companies who are endowed with strong technical skills to utilize data and the ones who excel in partnering with fintech companies and thus easily gain access to new innovative solutions. The partnership approach is viable to financial institutions of all shapes and sizes.
The experience of AQRisk is that many progressive, small and midsize financial institutions, are acutely aware of the need to adapt stronger and more optimized approaches for utilizing data, quantitative methods and modern technology.
Our mission includes being the primary fintech partner to small and midsize financial institutions by allowing them to benefit from access to vital solutions and business optimization at affordable prices and without large costs to quantitative and IT specialists. We help provide a level playing field in utilizing benefits from data.
It furthermore includes providing large financial institutions with easy and fast access to innovative new solutions without having to invest massive internal resources in development and maintenance.
