Banks

Our programmatic approach is based on a simple premise: your customers have financial needs that change and evolve over time, and those changing needs create opportunities for different or expanded products or services.

Our practice is built by experienced financial services consultants and analysts who assess complex vendor contracts, evaluate financial metrics within those contracts and deliver outcomes to help you reach your ROI and growth goals. We also provide advisory services around payments strategy, technology organization structure, and operational improvements and efficiency. We advise and direct strategic discussions on how you can establish or revamp various aspects of your business. We are proud to be your strategic partner, helping you navigate challenging vendor and technology decisions that have a lasting impact on your institution.

What is Bank Consulting?

Our specialized bank advisory services are designed to help financial institutions tackle today’s challenges across contract negotiation and management, payment systems and strategies, technology modernization, and strategic planning. Our bank-specific advisory services focus on driving innovation, improving operational processes, and ensuring compliance across all levels of your institution. With our tailored approach, your bank will be prepared to lead in the competitive financial sector.

How SRM Can Help Your Bank:

Our team’s level of experience far surpasses those of other firms. Having worked with some of the world’s largest financial institutions, we bring that experience down-market and introduce those ideas into discussions with organizations smaller in size. Our robust client base leans on our expertise and experience dealing with financial institutions from the very small to trillion dollars in size.

Our Services:

  • Contracts Advisory: We help banks streamline their vendor contracts, ensuring favorable terms and mitigating risks, enabling long-term partnerships that support growth.
  • Payments Advisory: Our payments advisory empowers banks to enhance their payment processing systems, enabling faster, more secure transactions while ensuring compliance with evolving regulatory standards and reducing fraud.
  • Technology Advisory: Stay ahead in a rapidly evolving digital landscape with our technology advisory services for banks, offering cutting-edge solutions in AI implementation, core modernization, digital banking, and core and digital integration.
  • Strategy Advisory: Partner with us to develop robust strategies that drive customer acquisition, retention, and profitability while adapting to market trends and regulatory changes.

The Bottom Line

The Future of Credit Cards Under Threat

We break down why this Durbin-lead bill poses a significant threat to FIs and why the assumed consumer benefits aren't there either. This bill would also introduce significant technical, operational, and financial challenges for issuers that must be addressed.
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The Bottom Line

Transaction Accounts: The Key to Deposit Funding

The much-hyped liquidity crisis and fear of deposit runs proved to be a risk for only a handful of large regional banks. Still, all banks and credit unions face twin challenges of the gradual depletion of stimulus-era excess deposits paired with a rate environment that finds more customers actively shopping balances for higher returns.
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The Bottom Line

Developing a Sidecar Strategy for Tech Innovation

Swapping out core banking platforms can be a time-consuming process – and expensive if you intend to do so before your contract ends – so many banks and credit unions are getting creative and turning to fintech to hasten innovation.
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Bank Case Studies

American National Bank of Texas Entrusts SRM With Business Capability Maturity Assessment & Technology Strategy Roadmap

When Expansion Necessitates Transformation American National Bank of Texas (ANBTX), one of the top 35 banks in Texas, by asset size, arrived at a crossroads…

1ST Bank of Sea Isle City Case Study

Though he does not hail from Missouri, Larry Schmidt, CEO and President of 1st Bank of Sea Isle City in Sea Isle, New Jersey, has…

First State Bank Applies Expertise in Card Branding to Capture More Value

Overview With roots that reach back to the late 1800s, First State Bank (FSB) now serves southwestern Ohio with more than 12 locations. The bank…

Lakeland Adds Millions to Debit Card Portfolio

Overview Recognized by NJBiz as one of New Jersey’s 50 fastest-growing companies, Lakeland is hardly just another community bank. However, there is one area where…

Let SRM Be Part of Your Success Story

Contact us and see how our experts can unlock savings, efficiency, and innovation for you.