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Effective cost management and profitability …

Effective cost management and profitability analysis for the financial services sector A structured approach supported by automated solutions Table of contents Introduction 3. Part 1 CMPA is the answer to the increasing challenges facing the financial services industry Challenges facing the financial services industry 8. Sub-sector specific challenges for the financial services industry 10. The banking & capital markets industry has changed and is facing new market realities 10. Insurance: new regulations require a change of business model 11. Asset managers and pension funds: a call for more cost transparency 13. Part 2 How to work with CMPA. Getting the basics right 16. Using the EY CMPA Framework 19. Automating CMPA by using standardized software 21. Exploring the CMPA framework and the related software functionalities 22.

Effective cost management and profitability analysis for the financial services sector 3 If the financial services industry is to survive under the …

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