Financial services strategy consulting

Innovation is key to solving the tough challenges facing the financial services market today. Consolidation, shifting customer dynamics, sustainability needs and new digital capabilities are just some of the areas that demand attention now. EY-Parthenon financial services strategy consulting teams provide personal, actionable and transformative plans to help drive value-packed solutions.

How the last financial crisis has driven improved resilience of banks

Banking insolvencies during the 2008 financial crisis highlighted areas that needed strengthening in the wider banking regulatory framework.

View case study

Man on top of natural rocky arch, Snaefellsnes peninsula, Iceland

The better the question

How can a long-term strategy stabilize a short-term crisis?

Experience navigating insolvencies during the financial crisis can inform the response to future shocks Continue reading

Symmetrical beach umbrellas as seen from directly above, Massa, Italy

The better the answer

Rebuilding trust requires attention to detail

Improving operational efficiency is key to recovering from a crisis – and can reveal more effective long-term solutions. Continue reading

Man exploring an amazing glacial cave in Iceland

The better the world works

Building a more robust banking system through crisis

Lessons learned on operational and financial resilience could help banks weather the COVID-19 pandemic. Continue reading

What EY-Parthenon financial services strategy consulting teams can do for you

As the financial services industry transforms, EY-Parthenon financial service strategists see a unique opportunity to reset organizations for future success.

With global megatrends driving the changes, from climate change, the rise of Gen Z and tech innovation, we help design and deliver transformation strategies that work in the real world.

EY-Parthenon financial services strategy teams help financial services clients answer some of their toughest questions:

How do I pivot my business models through consolidation/direct models?
How do I adopt a digital asset strategy that provides the best chance to compete in the market?
How can I scale my (digital) business?
How can I expand my ecosystem?
How can I identify and manage strategic partnerships?
How can I align my ESG and business strategies to create long-term value?

With an eye toward competitive advantage, we support and unlock new value for clients through rigorous analysis, strategic advice and thorough implementation.

Our breadth of expertise and worldwide reach positions us to address key themes across the financial services industry, including long-term value creation, digital asset strategies, embedded finance, ecosystem-based models and sector convergence. As each sector has its unique challenges, EY-Parthenon financial services strategy teams have experienced professionals with specific expertise in:

This sector is undergoing a transformation — consolidation, the entrance of new, unregulated competitors, the influence of digitization and fintech on the lending market, cryptocurrencies, blockchain and the increased importance of sustainable finance.

Armed with deep market knowledge, future intelligence and proprietary tools, we help clients identify, select and onboard new partners, develop new digital assets, improve customer interaction and satisfaction, help in delivering value-added services for small and medium enterprises (SMEs), provide data-focused sales initiatives and find innovative ways to make sustainability a doable company priority. We even have developed a diagnostic assessment tool specifically for environment, sustainability and governance (ESG).

Learn more
“Change” is the key word in this sector as well. Consolidation of companies to gain market share and reach more high-net-worth individuals is on the rise. New product types (e.g., digital assets, ESG) are becoming increasingly popular with clients especially as sustainability grows in importance. Alternative asset managers, who experience minimal government oversight on their unique value propositions (e.g., cryptocurrency investments), are also disrupting traditional firms.

EY-Parthenon strategists advise clients on all of these changes. We help clients add value through potential partnership identification, deal-making and onboarding. We work with traditional banks and capital market players to develop new product investment strategies. We help improve customer service through new operations innovations.

Learn more
Currently enjoying a windfall as a result of the pandemic, insurers must now reconfigure their products due to trends such as ESG. As regulations change, less profitable annuity assets are being divested. Convergence between sub-sectors is occurring as insurance moves into the asset management space.

EY-Parthenon’s quarterly M&A market update is just one example of our deep sector knowledge. We advise our clients on potential strategic partnerships as well as smart divestitures. We also help clients rethink insurance business models as new priorities (e.g., environment and sustainability) become increasingly important and underwriting concerns change.

Learn more

EY-Parthenon financial service strategists are here to help. We will work with you to develop and implement a custom strategy for your financial services organization. Whether it’s creating an in-house venture capital arm, shifting your business model or partnering with others for mutual benefit, EY-Parthenon strategists will assist you through the entire process.

Change is an opportunity for growth. EY-Parthenon financial services strategy consulting teams can help your company envision a better future and help make it a reality.

EY-Parthenon financial services strategy consulting teams

Dustin Ball

EY-Parthenon Partner, Financial Services, Ernst & Young Transactions Limited

Focused on financial services, new market entry, and sales and marketing strategy.

Gaston Messineo

EY Parthenon Americas Financial Services Leader

Problem solver and strategist. Lifelong learner. Tennis aficionado by choice. Soccer fanatic by birth.

Chicago, USA

Our latest thinking

ESG and access to capital: Why insurers must stay focused on ratings

As ESG funds continue to grow their assets under management, insurers with sub-par ESG scores risk losing a key source of capital.

Krisztina Bakor

How can sustainable finance transform 2050 pledges into real-world impact?

Financial institutions need a framework that allows them to anticipate seismic economic transformation and adapt their strategy accordingly. Learn more.

Tom Groom

Will financial services build ecosystems, or just be a participant?

As digital ecosystems redefine the global marketplace, financial institutions must decide what role they will play, or risk losing relevance fast.

Christopher Schmitz + 1

Explore EY-Parthenon solutions and technology

Young girl on pier looking through binoculars

Featured

Think like your stakeholders to build long-term value

Strategy consulting

EY-Parthenon professionals recognize that CEOs and business leaders are tasked with achieving maximum value for their organizations’ stakeholders in this transformative age. We challenge assumptions to design and deliver strategies that help improve profitability and long-term value.
Read more
Corporate and growth strategy

EY-Parthenon professionals can help your business design and provide transformative strategies for sustainable growth. Learn more.
Read more
Digital M&A framework

Find out how our digital M&A framework can help you determine the right strategic course to a digital future and create better value for your business.
Read more
Transaction strategy and execution

EY-Parthenon professionals can help your company maximize value throughout the deal lifecycle, from target assessment through integration and beyond. Learn how.
Read more
Restructuring and turnaround strategy

Our restructuring and turnaround professionals can help your business transform, create, preserve and recover value. Find out how.
Read more
M&A advisory: Buy and integrate

Discover M&A advisory services from EY when you buy and integrate. We help enable strategic growth through integrated mergers and acquisitions, joint ventures and alliances.
Read more
M&A tools: Connected Capital Technologies

Explore an integrated suite of M&A technologies that bring deeper analysis and faster insights to enable better decision-making around your capital and transaction strategies through to execution. Welcome to the future of M&A.
Read more
Advanced analytics

Discover how EY tech-enabled Strategy and Transactions advanced analytics teams helps turn information into connected intelligent insights.
Read more
Sustainability and ESG strategy consulting

EY sustainability and ESG strategy consulting teams can help you with strategy, M&A, capital allocation, ESG due diligence and portfolio optimization.
Read more
Digital strategy consulting

Discover how EY-Parthenon's digital strategy consulting teams design & deliver digital business strategy that helps accelerate business transformation & fuels growth.
Read more
Commercial strategy consulting

Our EY-Parthenon commercial strategy team can help you realize enterprise growth, improve profitability, extend customer and shareholder value. Learn more.
Read more
AI Strategy consulting and M&A

AI strategy consulting teams can enable better and faster ROI for new products and services and help accelerate M&A. Find out more.
Read more

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

EY-Parthenon is a brand under which a number of EY member firms across the globe provide strategy consulting services.