This literally forces us to think out of the box, that comfort zone that we refer to as “traditional banking”. In financial integration, we bring together the collective aspirations of a regional community. This materially changes the landscape but more importantly, it does so at the same time that global best practices are themselves being re-set to a higher and more prescriptive bar.
This forces us to think within the box, examining what we have, how we wish to position ourselves in this sea of change and what we need to do to remain competitively in the service of our respective constituents. In each of these two facets, we have a lot that needs to be covered. Taken together, the strategic and tactical implications are significant.