Abstract
This chapter summarises the major findings of this book while applying it specifically to the current situation of the global banking industry. The financial industry needs to reshape itself accordingly across the ongoing transformation life cycle through combining operational restructuring with the emerging technology agenda. The management of size and complexity with their diverse capability requirements as become a core value driver as well as target of the numerous business transformation initiatives for the financial industry since the Global Financial Crisis. Financial institutions need to become smaller and more focused while establishing an open-architecture platform to become profitable and competitive again. The global financial industry, particularly in Europe, seems to have been in a continuous and almost perpetual state of crisis since the collapse of the US subprime mortgage market in August 2007. Risk transfer has a crucially important economic function and contributes massively to economic growth.
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