The answers from a total of 83 restructuring experts support the conclusions presented at the beginning: According to these findings, only 16 percent of the surveyed participants already rate their work as strongly or very strongly digitalized. 65 percent, on the other hand, still see clear potential and describe their work in the restructuring sector as weakly or very weakly digitalized. The majority of restructuring experts agree that this should not remain the case. Almost two-thirds (65 percent) expect further digitalization in the workout sector.
As far as the general restructuring environment is concerned, the 2018 Autumn Survey confirms the market situation that has been diagnosed for several quarters: there is more to do again in the workout segment. Accordingly, 30 percent of the restructuring experts surveyed stated that they had received more new crisis cases for processing in the past six months (spring 2018: 29 percent).
Also, the proportion of those who reported falling figures fell to 20 percent (spring 2018: 34 percent). That is the lowest figure since the beginning of this survey in autumn 2012. At the same time, the trend reversal initiated last year in the expectations of new restructuring cases has been confirmed. In the meantime, 42 per cent of the bankers surveyed expect the figures to increase or significantly increase (spring 2018: 32 per cent). At 34 per cent, the number of bankers expecting the number of cases to remain unchanged is significantly lower than in spring (40 per cent). Only 7 per cent of those surveyed expect restructuring cases to decrease or significantly decrease (spring 2018: 13 per cent).