BMO Banks | Deloitte solution |
Your challenge
- Over the past years, financial institutions grew organically or through M&A depending on business opportunities.
- Those developments increased significantly administrative, legal, tax, organization and operational costs.
- Restructuring the organization will allow to optimize the changes which created inefficiencies and increased business and tax costs (e.g. low integration, low economies of scale), reduce operational costs and improve competitiveness
Our solution
- Deloitte can help you in analyzing possible process optimization and defining the target business model and operating model.
- We will also be able to align the tax structure on the new business model to generate tax savings.
- We assist our clients in the new business model and target operating model implementation. This can include the set-up of competencies centers and human capital assistance.
- The feasibility and opportunity assessment phase, as a first step, will highlight optimization potentialities.
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BMO Banks
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