Historically, smaller African banks have been less impacted by global regulations for anti-money laundering and managing systemic risk. However, the last few years have seen both consolidation in the market, with larger more globally focussed financial services businesses emerging in a number of countries that offer real competition to European and South African institutions.

For many enterprises today, the data captured and retained by their IT systems are among their most valuable assets. Effective use of that unique pool of information and data optimisation can be the key to the business’s continuing success in a highly competitive environment.