MSC is a trusted leader in the banking, financial services, and insurance (BFSI) sector. We work with banks, financial service providers, government bodies, insurance providers, fintechs, private foundations, investors, multilateral organizations, regulators and corporate businesses. Our work enables clients to deliver high quality, market-led financial services to low-and middle-income populations in the developing and emerging economies of Asia and Africa.
MSC’s comprehensive advisory services encompass digital transformation, digital financial services, distribution channels, product innovation,policy and regulatory reforms and process re-engineering. We work on banking/insurance out-of-a-box, inclusive banking, data analytics, treasury and anti-money laundering (AML), risk and fraud management, and compliance.
Under the Innovate, Implement, Impact (i3) program, MSC works with implementation partners in Bangladesh and Vietnam to meet the needs of low- and middle-income clients. i3 would have an impact on the lives of at least 400,000 under-served clients.
MSC studied consumer needs, behavioral dynamics, and emerging trends related to the use of cash by the emerging middle class in three markets—Nigeria, the Philippines, and Peru. We assessed and analyzed opportunities for use of digital financial services and products.
MSC provided technical assistance to refine and reposition the microinsurance product line of Britam, a financial services provider in eastern and southern Africa. After our intervention, Britam achieved operational break-even in 2016. As of the end of 2017, it increased annual profits on its microinsurance portfolio to KES 79 million (USD 790,000).