According to a recent study undertaken by the Lünendonk Management Consultancy in collaboration with Lufthansa Industry Solutions, an IT consultancy and system integration company, and the technical University of Darmstadt, German companies should significantly increase the speed at which they press ahead with digital transformation. afb uses the new microsite "Finance Business Next" to inform players in the finance sector (financial services providers, manufacturers, dealers and service providers) about current challenges, trends and possible solution scenarios concerning digital transformation. Selected guest authors from the worlds of science and business, along with afb staff provide regular reports on current issues. The portal covers the subjects of security, mobility, big data and business process outsourcing as well as Silicon Valley banking in which FinTechs play a key role. Information is also provided on the evolution of product-centred manufacturers into providers of complex services and therefore also the transformation of product brands into service brands.
"The finance sector is undergoing a period of change. Innovative disruptors and enablers are entering the market as FinTechs, proven business models are being questioned and established players must reinvent themselves. In the course of this transformation, the optimal interplay of innovative partners, systems and services are creating seminal opportunities", emphasises afb's Enrico Moritz, Manager Business Development and Consulting at afb, who goes on to add, "The digital transformation is significantly influencing the strategies, structures and processes of all sectors and is compelling companies to re-examine existing business models. Our new microsite provides valuable stimuli and insight based on many years' experience in the finance sector. "
Based in Munich, afb Application Services AG has been optimising the financing operation of banks and leasing companies since 1995. A full-service provider, afb offers a customer- and project-specific mix of process, specialist and IT consulting, projects based on the afb Credit Management Solution, application and infrastructure management, business process management and outsourcing. Its innovative solutions enable companies to automate the entire credit process – from quotation to application with fully automated credit decisions and processing, through to contract management. Well-known companies from the financial services sector make use of the solutions offered by afb internationally to generate a significant percentage of their turnover.
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