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A Banking Sector Client Saved $7 Million in Operating Costs With Infiniti’s Market Intelligence Engagement | Read the Complete Success Story for More Insights

December 19, 2019 GMT

LONDON--(BUSINESS WIRE)--Dec 19, 2019--

Infiniti Research, a leading market intelligence solutions provider, has recently announced the completion of its latest success story on market intelligence engagement. This success story highlights how the experts at Infiniti Research helped a banking sector client identify critical strategies to reduce their overall operating costs by $7 million.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191219005017/en/

The banking sector is expected to witness positive growth globally over the next few years as major developed markets are experiencing increasing commercial banking activity as a result of strong economic performance and positive expectations. Despite this stable growth in the banking sector, factors including the evolving customer expectations, lower return on investments, rising competition from FinTech providers, and regulatory pressures are increasing challenges for banking companies.

Recent studies show that around 70% of companies in the banking sector have adapted a customer-centric business model. So, have you revamped your traditional banking model to meet the need of your customer segments? If not, our market intelligence experts can help. Request a free proposal.

The business challenge: The client is a banking company based out of North America. Increasing competition from FinTech companies made it difficult for the client to adjust quickly to the changes, not just in technology but also in operations and other facets of the industry. Also, owing to the evolving regulatory requirements, the banking sector client had to spend a large part of their discretionary budget on being compliant and on building systems and processes to keep up with the escalating requirements. In addition, due to the client’s inability to keep pace with the latest technologies and trends, they faced difficulties in delivering the level of services that consumers demanded, especially with regard to technology. As such, they wanted to thoroughly analyze the US market changes, competitors’ strategies, and industry developments to revamp their business models accordingly.

Traditional, time-intensive market research cannot help you to keep up with the needs and demands of a more demanding, smarter world. Contact us to know how our custom market intelligence solutions can help you gather data-driven insights into a new or existing market.

Infiniti’s market intelligence analysis solution comprised of:

The business impact of the engagement for the banking company:

Read the complete success story for comprehensive insights: Reducing Annual Operating Cost by $7 Million for a Banking Sector Client through Market Intelligence Engagement

About Infiniti Research

Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies. To know more, visit: https://www.infinitiresearch.com/about-us

View source version on businesswire.com:https://www.businesswire.com/news/home/20191219005017/en/

CONTACT: Infiniti Research

Anirban Choudhury

Marketing Manager

US: +1 844 778 0600

UK: +44 203 893 3400

https://www.infinitiresearch.com/contact-us

KEYWORD:

INDUSTRY KEYWORD: CONSULTING BANKING PROFESSIONAL SERVICES

SOURCE: Infiniti Research

Copyright Business Wire 2019.

PUB: 12/19/2019 10:03 AM/DISC: 12/19/2019 10:03 AM

http://www.businesswire.com/news/home/20191219005017/en