EY - The Great Convergence

The Great Convergence

The Canadian banking ecosystem is going through a revolution. with multiple forces driving monumental changes. At EY, we believe the Great Convergence is at the forefront of the revolution. Learn how we can help your organization prepare for the Great Convergence.

Learn how financial insitutions can gain momentum ahead of the Great Convergence by redesigining their business model.

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The Great Convergence - What financial institutions can do to get ahead

Learn how financial institutions can gain momentum ahead of the great convergence by re-thinking their business model and maintain relevancy in the future.

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The Great Convergence - Finding value with Real-Time Rails

The Canadian banking ecosystem is going through a revolution, with multiple forces driving monumental changes. The Real-Time Rail (RTR) is one of the services that will drive these changes.

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The Great Convergence - Emergence of digital currencies

FIs must experiment with central bank digital currencies (CBDCs) and understand how to anticipate, adapt and respond to new ways of transferring value in the economy.

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The Great Convergence - The impact of data portability

The data portability movement is a business world manifestation of changes we’re witnessing in social contracts that underpin our social, political and economic models.

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The Great Convergence - Portable digital identity

The adoption of digital identity could present a drastic change in the way customers interact with online services. Banks and FI’s can be a driving force for this change.

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The Great Convergence - A financial crime AML and fraud perspective

Discover how elements of the Great Convergence such as data portability, portable identity, accelerated payments, and digital currencies are reshaping Canada's banking ecosystem.

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How EY can help

FinTech and Ecosystems

Discover how EY teams work with startup and scale-up FinTech companies and financial institutions to innovate and transform for growth.

Digital transformation in insurance

We collaborate with insurers on technology transformation programs and the deployment of digital tools. From concept to implementation, we work with you to develop strategies that optimize performance, drive efficiency and enhance quality.

Digital enterprise transformation

Unlock the advantages of the digital era to harness innovation, drive operational efficiencies and grow your business.

Technology-enabled transformation

We help you effectively harness the power of technology to simplify, rationalize and centralize your firm’s operations, clearing the way to improve efficiency and extend product capabilities to attract new investments.

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