Policymakers reacted to COVID-19 with massive stimulus packages financed by expansionary monetary and fiscal policies. The low interest rate environment left businesses and households with mounting debt and investors with a high-risk appetite. Mounting risks come at a time when traditional money and banking are undergoing a digital transformation to cope with the new post-COVID realities and the competition of fintech and cryptocurrencies. We work with bank leaders and policymakers on designing strategies that would improve banks’ resilience, help them achieve the needed transformation, and navigate emerging risks.

Banks’ Transformation

The banking sector is going through a major transformation under the pressure of growing competition from fintech and the increase in scrutiny and controls. We assist banks in acquiring the needed agility and flexibility to excel in this new business environment.

Monetary Policy after COVID-19

Unconventional monetary policy that started during the global recession was pushed to new limits in response to the coronavirus pandemic. We help decision makers better understand the foundations of this policy and the associated risks, in term of distortions and imbalances.

Cryptocurrencies: A Tradeoff Between Innovation and Risk

Cryptocurrencies are a new asset class providing the opportunity to diversify portfolios and speculate on a high volatility instrument. They are also used to transfer wealth out of troubled currencies subject to capital controls. We help decision makers navigate the related ecosystem and evolving risks.

The Different Usage of Blockchain Technology

Blockchain is a decentralized ledger able to streamline and automate operations without the need of a central intermediary collecting and processing data. We help decision makers better understand how the technology could enhance privacy, secure data accuracy, reduce the risk of fraud, and show compliance.