The year 2009, was a tumultuous year, and the down turn is finally behind us. The global picture has changed immensely and new challenges beset the financial sector in this new age. However, despite the challenges, the economic environment once again is conducive to growth if the right opportunities are tapped.

With the advances in Technology, it might be just possible that the biggest banks might be the mobile companies, Grocery stores might become the next operational bank, and it no longer seems to be viable to expect any more businesses to run on traditional tracks. With rising Integration and Alignment needs, Innovation and Compliance attain prime importance. Not only do banks need to identify new avenues and means of growing but also gear up to meet the challenges imposed by the reforms after the hard lessons learned in the down turn.