“Can Investment Banking successfully embrace digitalization?”
International Banker | March 24, 2021
Digital platforms support investment banks by leveraging knowledge of historical transactions, providing interactive scenarios used in client discussions, offering data visualisation, and developing new analyses. In a story by International Banker, Acuity shares its views on how investment banks can successfully embrace digitalisation.
Extract from the article: “Corporates are building internal deal strategy and advisory teams as a self-service model to execute transactions directly… This enables them to be flexible and act quickly when required. Importantly, it also saves them from paying high fees, wherever they can. Corporates are hiring senior ex-bankers from leading Investment Banks as deal strategists to move quickly and close transactions fast…
… Overall, this is building efficiency, providing deeper insights and analysis, automating standard tasks, and enabling bankers to focus their bandwidth on winning more deals…”