Transforming Financial Institutions: Value Creation through Technology Innovation and Operational Change (The Wiley Finance Series)

**Transform your financial organisation’s formula for value creation with this insightful and strategic approach** In __Transforming Financial Institutions through Technology Innovation and Operational Change__, visionary turnaround leader Joerg Ruetschi delivers a practical and globally relevant methodology and framework for value creation at financial institutions. The author demonstrates how financial organisations can combine finance strategy with asset-liability and technology management to differentiate their services and gain competitive advantage in a ferocious industry. In addition to exploring the four critical areas of strategic and competitive transformation — financial analysis, valuation, modeling, and stress — the book includes: * Explanations of how to apply the managerial fundamentals discussed in the book in the real world, with descriptions of the principles for reorganization, wind-down and overall value creation * An analysis of the four key emerging technologies in the financial industry: AI, blockchain, software, and infrastructure solutions, and their transformational impact * Real-world case studies and examples on how financial institutions can be repositioned and rebuilt on a path of profitability Perfect for managers and decision makers in the financial services industry, __Transforming Financial Institutions through Technology Innovation and Operational Change__ is also required reading for regulators, tech firms, and private equity and venture capital funds. "Strategy is a very broadly used term applied in military, political to business situations. Lawrence Freedman illustrates in his book "Strategy - A History" the origin of strategy though mythical figures, politicians and business leaders. They all have in common to take decision under uncertainty and confusion of the human affair. Strategic decision making aims to clarify in these moments of uncertainty with an applied set of problem-solving principles. It is therefore a problem-solving methodology that is applied to complex, unstructured and multi-dimensional issues, driven by the uncertainty of human behaviour and decision making. Max McKeown specifies in "The Strategy Book" that strategy is about shaping the future by which people attain desirable ends with available means. Authors such as Igor Ansoff, Henry Mintzberg and Michael Porter established during the last 50-60 years a corporate discipline that aims to combine a rigorous planning approach with adaptability to the circumstances given the uncertainty of the situation"-- Provided by publisher