Timo is a leader in McKinsey Digital in our banking work. He mainly serves banks and fintech companies in Europe and the Middle East. He supports his clients designing and implementing digital transformations with a focus on core technology modernization, delivery-models optimization, and digital business building.
Example projects include the following:
- multiyear technology transformation of a globally leading universal bank, including core tech modernization, cloud adoption and operating-model transformations
- large-scale delivery model transformation of a global financial-services group
- core banking system replacement of a European universal bank
- strategy for a banking-as-a-service group in Europe
- strategy for a captive IT provider of a leading banking group, including banking-as-a-service business building
Published Work
“APIs in banking: From tech essential to business priority,” McKinsey & Company, January 2023
“Europe’s fintech opportunity,” McKinsey & Company, October 2022
“Banking-as-a-Service—the €100 billion opportunity in Europe,” McKinsey & Company, September 2022
“Europäische Fintech-Champions – made in Germany,” McKinsey & Company, June 2022
“APIs: The secret ingredient for one company’s massive tech leap,” McKinsey & Company, January 2022
“What’s new in banking API programs,” McKinsey & Company, January 2022
“The right APIs: Identifying antipatterns of API usage,” McKinsey & Company, July 2021
“Cutting through the noise: How banks can unlock the potential of APIs,” McKinsey & Company, July 2019
Education
RWTH Aachen University
PhD, business administration
UDC (University of Duisburg-Essen)
MS, electrical engineering and information systems
