Discovering Potential: Samlink’s Garage Approach to Advisory Services  

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Garage Approach

In today’s rapidly evolving financial landscape, banks and financial institutions face unprecedented challenges. Regulatory requirements, intensified competition, and market uncertainties loom large, creating a complex ecosystem for financial institutions to navigate. However, at Samlink Advisory Services, we believe in the transformative power of co-creation and the “garage approach” to address these challenges. 

Understanding Co-Creation and the Garage Approach

Co-creation is not just a buzzword; it’s a fundamental aspect of our Advisory Services at Samlink. Co-creation involves collaborative problem-solving, bringing together banks and financial institutions, established fintechs, and independent software vendors to develop innovative digital finance solutions. This approach is rooted in the idea of customer-centricity, where solutions are designed to meet the evolving needs of customers efficiently and effectively. 

Co-creation programs are essential for banks and financial institutions facing increased regulatory requirements, competition, and market uncertainties. It’s a response to the evolving European banking sector, empowering banks to sustain and grow their business through effective cooperation, explains Philippe Santraine, Samlink’s Senior Banking Consultant.   

The “garage approach” embodies our commitment to agile innovation. It’s about breaking down silos within organizations, fostering collaboration, and embracing a mindset of continuous improvement. With the garage approach, we empower bank personnel to adapt, align, and make decisions that drive digital transformation across the organization. 

Benefits for Banks and Financial Institutions

Why should banks and financial institutions embrace co-creation and the garage approach? The answer lies in the need for agility, innovation, and sustainable growth. In today’s competitive landscape, banks must adapt quickly to changing market dynamics. Co-creation programs enable banks to: 

  • Enhance productivity and streamline internal processes. 
  • Accelerate decision-making through automation and integration of fintech solutions. 
  • Stay ahead of the curve by tapping into new market opportunities, such as embedded finance, banking-as-a-service, and banking-as-a-platform models. 

Concrete Deliverables and Unique Proposition

At Samlink Advisory Services, our co-creation programs deliver tangible outcomes for banks and financial institutions. From proof of concept to minimum viable products, we provide tailored solutions that address specific challenges and opportunities. Our team of senior consultants brings decades of banking experience, ensuring that our programs align with the unique needs of each client. 

What sets Samlink apart is our holistic approach to problem-solving. We combine business, technology, compliance, and risk expertise to drive meaningful change within organizations. Our proven track record and deep industry knowledge make us a trusted partner for commercial banks seeking to innovate and thrive in today’s dynamic landscape. 

Samlink’s unique approach combines extensive banking expertise with collaborative problem-solving. Through co-creation Programs, we tailor solutions to streamline decision-making, enhance productivity, and adapt to the changing market, ensuring our clients’ sustained growth and success, says Philippe. 

Getting Started

For banks and financial institutions ready to embark on a co-creation journey with Samlink Advisory Services, the process is straightforward. We begin with a comprehensive assessment of the client’s needs, goals, and market context. Through open dialogue and collaboration, we define the scope of the co-creation program and tailor it to fit the client’s objectives. 

As we move forward, transparency, communication, and alignment are key principles guiding our partnership. Together, we navigate the complexities of the financial industry, seize opportunities for growth, and drive meaningful change that benefits both banks and their customers. 

Co-creation and the garage approach represent a new paradigm for innovation in the banking sector. At Samlink, we are committed to empowering commercial banks to thrive in an era of disruption and transformation. Through collaborative problem-solving, agile innovation, and a customer-centric mindset, we pave the way for a brighter future in banking. 

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