Financial Services Strategy Consulting

Innovation is key to solving the tough challenges facing the financial services market today. Consolidation, shifting customer dynamics, sustainability needs and new digital capabilities are just some of the areas that demand attention now. EY-Parthenon financial services strategy consulting teams provide personal, actionable and transformative plans to help drive value-packed solutions.

Related topics

Financial services

Ecosystems in Financial services

Strategy and Transactions

Strategy by EY-Parthenon

The team

Amit Khandelwal, Managing Partner, Strategy and Transactions, EY India

Amit Khandelwal

Managing Partner, Strategy and Transactions, EY India

Angshuman Bhattacharya, EY India, National Leader - Consumer Product and Retail Sector

Angshuman Bhattacharya

EY India, National Leader - Consumer Product and Retail Sector

Dr. Avantika Tomar, Partner, Education, EY-Parthenon India

Dr. Avantika Tomar

Partner, Education, EY-Parthenon India

Leadership Unscripted | Conversations with pioneers in Financial Services

Discover insights from industry trailblazers in the Financial Services sector. Explore conversations that redefine leadership, innovation, and the future of financial services.

Watch now

What EY-Parthenon Financial Services Strategy Consulting teams can do for you

As the financial services industry transforms, EY-Parthenon financial service strategists see a unique opportunity to reset organizations for future success.

With global megatrends driving the changes, from climate change, the rise of Gen Z and tech innovation, we help design and deliver transformation strategies that work in the real world.

EY-Parthenon financial services strategy teams help financial services clients answer some of their toughest questions:

How do I pivot my business models through consolidation/direct models?
How do I adopt a digital asset strategy that provides the best chance to compete in the market?
How can I scale my (digital) business?
How can I expand my ecosystem?
How can I identify and manage strategic partnerships?
How can I align my ESG and business strategies to create long-term value?

With an eye toward competitive advantage, we support and unlock new value for clients through rigorous analysis, strategic advice and thorough implementation.

Our breadth of expertise and worldwide reach positions us to address key themes across the financial services industry, including long-term value creation, digital asset strategies, embedded finance, ecosystem-based models and sector convergence. As each sector has its unique challenges, EY-Parthenon financial services strategy teams have experienced professionals with specific expertise in:

This sector is undergoing a transformation — consolidation, the entrance of new, unregulated competitors, the influence of digitization and fintech on the lending market, cryptocurrencies, blockchain and the increased importance of sustainable finance.

Armed with deep market knowledge, future intelligence and proprietary tools, we help clients identify, select and onboard new partners, develop new digital assets, improve customer interaction and satisfaction, help in delivering value-added services for small and medium enterprises (SMEs), provide data-focused sales initiatives and find innovative ways to make sustainability a doable company priority. We even have developed a diagnostic assessment tool specifically for environmental, social and governance (ESG).

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“Change” is the key word in this sector as well. Consolidation of companies to gain market share and reach more high-net-worth individuals is on the rise. New product types (e.g., digital assets, ESG) are becoming increasingly popular with clients especially as sustainability grows in importance. Alternative asset managers, who experience minimal government oversight on their unique value propositions (e.g., cryptocurrency investments), are also disrupting traditional firms.

EY-Parthenon strategists advise clients on all of these changes. We help clients add value through potential partnership identification, deal-making and onboarding. We work with traditional banks and capital market players to develop new product investment strategies. We help improve customer service through new operations innovations.

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Currently enjoying a windfall as a result of the pandemic, insurers must now reconfigure their products due to trends such as ESG. As regulations change, less profitable annuity assets are being divested. Convergence between sub-sectors is occurring as insurance moves into the asset management space.

EY-Parthenon’s quarterly M&A market update is just one example of our deep sector knowledge. We advise our clients on potential strategic partnerships as well as smart divestitures. We also help clients rethink insurance business models as new priorities (e.g., environment and sustainability) become increasingly important and underwriting concerns change.

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EY-Parthenon financial service strategists are here to help. We will work with you to develop and implement a custom strategy for your financial services organization. Whether it’s creating an in-house venture capital arm, shifting your business model or partnering with others for mutual benefit, EY-Parthenon strategists will assist you through the entire process.

Change is an opportunity for growth. EY-Parthenon financial services strategy consulting teams can help your company envision a better future and help make it a reality.

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Our team

Amit Khandelwal

Managing Partner, Strategy and Transactions, EY India

Leader of Strategy and Transactions in India. Focused on diligence. Go-getter. Numbers enthusiast.

New Delhi, India

Angshuman Bhattacharya

EY India, National Leader - Consumer Product and Retail Sector

Focused on operations improvement and Growth Strategy formulations in consumer centric businesses. Advises clients on cash flow orientation and turnaround implementation strategies.

Dr. Avantika Tomar

Partner, Education, EY-Parthenon India

Guest Faculty at prestigious B-Schools, such as IIM Calcutta, BITSoM, MDI Gurgaon, and IIM Trichy. Theater Actor-Director, sports enthusiast, and a traveler.

Bengaluru, India

Abhijit Bhasak

EY-Parthenon India Pharmaceuticals and Healthcare Associate Partner

Passionate about all aspects of pharma, right from discovery to patent expiry and beyond.

Santosh Tiwari

Partner, EY-Parthenon India

An avid content consumer across topics; love to find patterns in challenges across industries. Coach and mentor people to building formidable teams.

Parag Gandhi

EY-Parthenon India, Partner, Transactions Strategy and Execution Leader

Focussed on Integrations, Carveouts and Operations Due Diligence. Seasoned global M&A professional. Worked in 9 countries across 4 continents. Problem-solver. Trusted execution partner.

Pratik Shah

Partner and National Leader – Financial Services, EY India

Outside of work, Pratik is passionate about powerlifting and enjoys exploring diverse cuisines.

Harshvardhan Bisht

EY India Banking and Capital Markets Leader

Partner with Financial Services Consulting and a subject matter expert in Digital transformation, customer experience enhancements, operational efficiency improvements and cost optimization

Ranadurjay Talukdar

EY India Business Consulting Partner and Payments Leader

World cinema enthusiast, avid quiz-taker and collector of rare long playing vinyls.

Rohit Pandharkar

Partner, Technology Consulting, EY India

GenAI expert; technology enthusiast; enjoys playing multiplayer strategy games; avid reader of biographies; and passionate runner

Keyur Shah

Tax Leader for Financial Services, EY India

Keyur leads the Financial Services practice at EY. He also advises and assists international financial services companies including private equity clients’ banks, capital markets and asset management

Ajay Sirikonda

Financial Services Risk Management Leader, EY India

Risk management expert; collaborates with CROs of top banks and financial institutions; Enjoys cooking and cycling

Hemal Shah

Partner, Consulting Services, EY India

Hemal is a seasoned finance, treasury and commodity advisory professional who derives satisfaction in playing value accretive roles for clients, family, friends, team, and society.

Subir Mehra

Operations and Business Services Partner, EY India

Subir plays a critical role in enabling businesses in their transformation journey to reconfigure their value chain, acquire new capabilities and competitive strengths.

Hyderabad, India

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit ey.com.

EY-Parthenon is a brand under which a number of EY member firms across the globe provide strategy consulting services.