For financial leaders, automation of operations is a competitive advantage

The Salesforce , an expert on relationship management solutions (CRM), released its report Trends in Financial Services / Trends in Financial Services , which shows how financial services institutions struggle to keep up with the pace of change driven by global pandemic .

Know more: Managed Meraki Services

2,000 global insurance leaders, retail banks and wealth managers were interviewed before and during the pandemic, including 200 respondents from Brazil.


Analysis of data from two waves of field research before the pandemic in 2019 and another one a year later during the Covid-19 crisis in 2020 shows that the customer experience has suffered along with the changes driven by the global pandemic , leading corporations to reorganize their priorities and generate competitive advantage with new technologies. In Brazil, the customer experience continued as the third priority in both periods of the survey.


According to the report, the increase in personalization gained strength in Brazil, rising from tenth in 2019 to sixth in 2020. As priorities changed, so did consumer satisfaction.


A global view of customer satisfaction shows big gaps: only 27% of global customers describe financial services institutions (FSIs) as fully consumer-centric, and only 23% of global customers believe that ISPs have dealt with the crisis in the best way possible.


The survey also included new questions in 2020 to discover different tactics employed by financial services leaders in response to the crisis.


In Brazil, 88% of FSIs agree that, since the beginning of the crisis, focusing on the client's financial well-being has become more important. At the same time, 80% say the expansion of services has grown in importance since the pandemic began.

MCITP certification certifies that a person has a specific set of skills that are required to carry out the responsibilities of a database administrator. 

However, considerably fewer Brazilian ISPs are taking concrete action in response. Only 44% are investing in services in all channels and 57% are emphasizing the financial well-being of the client.

Comments

Popular posts from this blog

Test of English as a Foreign Language (TOEFL)

Targeted by DDoS attacks

What Is a DDoS Attack?