Consumption, companies, and communities all feel the effects of the global coronavirus outbreak (COVID-19). The issue evolves quickly and has far-reaching implications. Leaders need to know about crisis management, labor, operations, supply chain, finance and liquidity, tax and trade, and strategy and brand.

The banking sector is undertaking a profound transformation, one that is being driven by increased competition from FinTechs, shifting business models, increasing regulatory and compliance demands, and disruptive technology.

The advent of FinTech/non-bank businesses is altering the competitive environment in financial services, compelling established institutions to reevaluate their business practices. Regulatory and compliance requirements grow increasingly stringent in response to the prevalence of data breaches and the intensification of privacy concerns. And if that wasn’t enough, client needs are evolving as customers desire individualized service around the clock.

However, transferring outdated systems to creative solutions has not always been straightforward. Therefore, banks and credit unions must embrace digital transformation if they intend to survive in the current environment and grow.

How we assist

Damalion experts focus on assisting clients for operational experience so they can speed up banking and finance business transformation.

Business reorganizing

We develop pragmatic solutions for  implementation of smooth transformation strategies combining adaptive organization, lean improvement, technology, and analytics.

Investing and Valuations

Damalion M&A experts offer consulting, capital-raising, and transaction assistance. We also provide business and asset assessments. We identify the right experts to guide advanced valuation solutions for cash and derivatives portfolios across asset classes using the right quantitative analytics approach (e.g., distressed assets, assets with lack of marketability, private assets,…).

Transactions

Damalion experts assist customers on how to strategy, structure, execute due diligence, integrate, value, and communicate acquisitions. They provide innovative perspective of all facets of a transaction’s banking operations, devoid of audit-based conflicts or constraints.

Risk-taking

In unpredictable times, reviewing and improving risk-management systems while conforming to altering requirements is tough. We help companies better monitor risk, make better business decisions based on risk-return alignment, and avoid losses, negative regulatory examinations, and other consequences. Our global team delivers realistic solutions to handle the shifting risk landscape, from data privacy to KYC standards.

Our experts also assist in creating compliance, governance, and risk-management systems.

Regulated enforcement

Damalion helps financial and nonfinancial institutions understand regulations. We use cutting-edge technology to detect and fix compliance gaps, resolve exam results, react to regulatory inquiries, and future-proof compliance and data retention programs.

What we bring

Damalion builds up ad hoc teams made of  experienced bankers, restructuring and turnaround professionals, experts in business transformation, forensic specialists, attorneys, economists, technology professionals, strategic communications experts. All of them possess extensive industry knowledge and expertise.