Agile Network India | Agility Driven Risk Regulations in Banking Space by Jose B Fatti Raaj

1. Agile way – Risk adaptation
in banking ecosystem
Speaker - B Jose Fatti Raaj

2. About the speaker
 Techno-Functional IT expert with 14+ years of experience ranging
from Startups to Bank’s/FI
 Banking Domain Consultant around Risk & Compliance, Retail
banking & Open innovation
 Data & Technology enthusiast (Open source tools)
 Avid Agile & TDD practitioner
 Passionately follows latest trend in Fintech’s /Neobanks

3. Agenda
 Introduction to Banking Risk
 Risk in Banking ecosystem
 Key Challenges – Adopting risk regulations
 Effective measures – Organization Level
 Effective measures – Delivery Teams
 What worked well! (Takeaway #1)
 What we learnt! (Takeaway #2)
 2021 & way forward..

4. Introduction to Banking Risk
 Risk, from a banking perspective
 Importance of Risk mitigation in banks
 Role of Local / Global regulators
 Adverse impacts of poor risk management

5. Risk in Banking Ecosystem
 Credit Risk
 Market Risk
 Liquidity Risk
 Operational Risk

6. Key Challenges – Adopting risk regulations
 Divergent Regulations
 Granularity / Availability of right data
 Transversal Programs & Priorities
 Dependencies (Internal / Data / PO ..et al.,)
 Tighter deadlines

7. Effective Measures – Organization Level
Banks / FI’s should address on priority to change
the below approach,
 Top Down Leadership Model
 Complex / Lengthy Decision Making Model
 IT in a Silo

8. Effective Measures - Delivery Teams
 Customer Focus
 Holistic Perspective
 Agile Teams / Process Owners
 Multiple Iterations

9. What worked well! (Takeaway #1)
 Small & Multi disciplinary team (Innovation driven)
 Self-governing & accountable
 Teams aligned with overall business objectives / goals
 Matured CI/CD Pipeline
 Automated Test suite
 Scrum adoption & metrics – Seeing beyond the tool

10. What we learnt! (Takeaway #2)
 Customer driven mindset
 Work on your estimation techniques
 Communicate (Don’t just speak)
 Use your demo sessions prudently
 Spec with out Acceptance criteria’s
 Code with out tests
 Be in-sync

11. 2021 & way forward..
 Tighter regulations ahead
 Cost of credit increases
 Strengthening of Internal controls
 Increase in granularity of regulatory reports
 Data protection & governance
 Make / Buy – Clear choice decision
 Being stable beyond risk regulations

12. Thank You!!!
“Simplicity is the ultimate sophistication”
Leonardo da Vinci