There is no doubt that the COVID-19 crisis will increase M&A activity for financial institutions. So far, 32 mergers have been announced this year, and this number will continue to rise. Technology plays a critical part in an acquisition, from integration of networks and key systems, to onboarding new employees and creating a seamless experience for new customers.
Check out Hartman’s most recent video update to learn more about how financial institutions can build a solid technology and digital strategy leading into an acquisition:
The team at Hartman Executive Advisors, a Maryland-based independent IT leadership and advisory firm, is committed to providing transformational leadership to help financial institutions through this crisis and prepare for an uncertain future. We host regular virtual roundtables for executives looking to connect with peers about the challenges and opportunities surrounding COVID-19. Please reach out to us if you would like to attend our next event.