The world of banking is changing rapidly - new business models and technologies emerge and require financial institutions to continuously identify and adapt to new market and competitor conditions.
A global megatrend is the ever-increasing importance of data and the ability to utilize data for business decision-making and benefits. This places significant strain on financial institutions to keep up, and increase, its quantitative and tech-driven know-how – it particularly challenges companies that are not traditionally endowed with such competencies and who rely primarily on external and cooperative IT centers for solution advances.
The future winners in banking will be companies who are endowed with strong technical skills to efficiently utilize data and the ones who excel in partnering with specialized fintech companies and thus easily gain access to new innovative solutions and expertise. The partnership approach is viable to financial institutions of all sizes and shapes.
The experience of AQRisk is that many midsize and small 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 midsize and small 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.
The mission 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.
