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A Competitive Necessity
Operating efficiency
With these economic shifts, financial market changes and
tighter regulation, optimising operating efficiency has become a
competitive requirement. There are two strategic dimensions to
operating efficiency. The first centres on how financial institutions
use capital effectively, something that Basel III for banks and
investment firms has brought into sharp relief. The second is
operational efficiency, which is about the need for organisations
to review and overhaul their intricate internal structure and
processes.
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