Saving money is always in style. 3 out of 4 firms are working to cut costs. But how? 🤔 Initiatives with cost-cutting benefits are usually: 1️⃣ Automation 2️⃣ Consolidation 3️⃣ Technology Replacement 4️⃣ Outsourcing Cutting costs is typically not the primary driver. It could be primarily about supporting new asset classes, developing new business capabilities, or increasing scalability. However, saving money, lowering operational risk, and reducing technical debt are often other important side benefits worth highlighting. https://lnkd.in/gM4N3EBC
