The current financial crisis and the responses of financial institutions—capital infusions, portfolio actions, and initial-cost take-outs—have been well documented. But the crisis has done more than destroy value. It has redefined what financial institutions must do to compete and win.

To succeed in this new environment, financial institutions need to answer some critical questions:

  • How is the structure of the financial services industry evolving? How are industry revenue and profit pools likely to change?
  • What new business models are emerging? What do they signify for the organization structures, operating models, and product and distribution strategies in each of our businesses?
  • How is this crisis changing customer behavior in terms of product preferences, risk tolerance, and the perception of financial institutions? How should we respond?
  • How do we better understand and manage risks in our businesses? What is the likely impact of new and emerging regulation?
  • How do we transform our cost structure to better align with reduced margin expectations?

Sparta Technologies Competencies

Financial services in an ever-changing digital world With the vast majority of banks still working on outdated legacy systems, the need for IT transformation is more critical than ever. Manage the business and technology related challenges banks and financial institutions face every day. Respond and adapt to the industry changes - as well as clients' and authorities' new demands. We help you to stay in the frontline of the digital world.

Sparta Technologies works with leading financial institutions around the world to help them improve their competitive advantage in these challenging times. Through close and candid collaboration with our clients, Sparta Technologies strives to find the most creative, cost-effective, and strategically sound long-term solutions.

We offer innovative IT solutions for banks and other financial services sector providers. We can help you choose services from business consulting, IT infrastructure, and IT outsourcing services. The solutions can be delivered as a service, where we take the full responsibility for the solution’s functionality and make sure that all regulatory requirements are fulfilled.

Let us design personalized and proactive digital banking solutions for your clients. We help you develop mobile banking solutions that will enhance your clients’ service experience.

Working with Sparta Technologies brings you deep industrial know-how combined with leading edge technology.