Can Swiss Banks and Fintech Use Untapped Potential?

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Can Swiss Banks and Fintech Use Untapped Potential?

Traditional Swiss banks could miss the boat because innovators use Fintech solutions and they drag their feet.

Some new developments suggest that the digital revolution will change the financial services industry. For example, the Swiss National Bank (SNB) just published its study on digitization and fintech at Swiss banks. Also, established players announced their intention to invest massively in a new range of digital services. And Switzerland issued the first bank licenses for so-called crypto banks.

This is a clear signal that market participants want the new technologies to be fully integrated into the banking sector. However, the results of the latest SNB study shows that the traditional banks are not making optimal use of Fintech and digitization and thereby don’t use untapped potential.

Action Needed before Committing to Daily Central Visibility

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English
We are often asked by interested parties how we can ensure that the daily central visibility of all company processes worldwide is a project that will be successful over many years.

How do we do this at Tomato? We recommend starting with a so-called Tomato Potential Analysis, which includes several days of research. With this approach, we ensure that such a project and solution will be successful. The process:

a) Preparation and internal mailing of a questionnaire with 30 copies to all or most of the group companies.

At tomato.ch read in German the steps one of our clients has taken:

Here the company’s treasury confirms that it asks clear, to-the-point questions about the company’s local payment behavior.

b) The answers are then analyzed by Group Treasury together with Tomato. As result of years of experience, we can quickly identify which of the 8-12 local companies to include in this. Units that normally make 80% of the group sales are best suited for such a project.

c) All bank account flows are analyzed and we propose suggestions for action.

Our past implementations of bank gateways since 2005 have given us the reputation to be of among the most experienced consultants in this field.

Deutsch
Die zentrale und konzernweite Visibilität aller Geldflüsse täglich zu ersehen ist der Wunsch vieler weltweit tätiger Unternehmen. Die Vision ist vorhanden, doch wie startet man dies zeitintensive Projekt? Woher nimmt man die Ressourcen? Wie vermeidet man Fehler auf dem Weg zur Lösung?

Die seit vielen Jahren (seit 2005) bewährte Tomato Vorgehensweise ist simpel: Starten Sie mit einer einfachen Potential Analyse. Diese dauert wenige Tage, offenbart und ergibt erkleckliche Resultate. Diese PA zeigt Ihnen den Weg und das Potential auf, zeigt den Return of Investment (ROI).

8 bis 12 Gruppenfirmen erzeugen meist ca. 80% des Konzernumsatzes. Hier beginnen Sie, hier liegt das Potential. Die PA weist auf die Verzettelung der (lokalen) Kräfte hin, meist wiederum lokale zeitintensive Prozesse kommen zum Vorschein, viele Bankverbindungen, lokale IT Ressourcen usw/usf.

Die Entscheidung liegt jetzt bei Ihnen. Sie können die Potential Analyse beruhigt wieder versorgen. Dennoch es wird Sie nicht mehr loslassen – das Projekt irgendwann umzusetzen!

Lesen Sie auf tomato.ch hier wie ein Tomato Kunde vorgegangen ist