Complexity to Clarity | Insights from Boston Consulting Group
Complexity within the financial system is inevitable, but complicatedness, the layers of internal processes organizations build to manage complexity, is solvable. Tobias Wuergler, Managing Director and Partner at Boston Consulting Group, explains how internal complicatedness has grown 35× over the past 50 years, costing banks billions in risk and compliance inefficiencies. By adopting systems-based solutions, institutions can streamline controls, eliminate redundant manual processes, and unlock up to $50B in savings—freeing up capital for growth, lending, and innovation.