Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

The new risk context for MNC banks and possible mitigating approaches

960 views

Published on

Published in: Business, Economy & Finance
  • Be the first to comment

The new risk context for MNC banks and possible mitigating approaches

  1. RISK 2.0 Selena Sol presents….. selena@selenasol.com http://www.linkedin.com/pub/eric-tachibana/0/33/b53 http://www.slideshare.net/selenasol The new risk context for MNC banks and possible mitigating approaches
  2. • Multi Device - Multi Application • Global Mobility with instant access • Social Mediafication of everything • The Apple Experience It’s a great time to be a customer
  3. • Compliance Cloud & Economic Doldrums • Legacy Platform Spaghetti • Low Morale • Big, Unstructured Data It’s not such a great time to be us!
  4. The chasm of context generates high risk • Data Privacy & Identity Theft / Fraud • A new bar for Availability • Brand Control • The migration of talent to what’s hip
  5. 5 suggestions for dealing with risk
  6. Simplify the platform • Stop whining and just do it before the business picks up and it is too late • Leverage everything-as-a-service • Rip out the derailers in middle mgmt • Get financial transparency of IT (biz cases)
  7. Dude, slow down • Pioneers are the guys with arrows in their backs. First mover is usually a disadvantage • But have a fast-follower plan • Agile product management means launch small but often, listen, and iterate.
  8. Leverage value-chain innovation • Focus less on product innovation and more on value chain & business model innovation (Amazon and long tail model or Toyota and lean supply chain) • Our industry should be more collaborative with non-value operations
  9. Invest in data visualization
  10. Invest in targeted corporate ventures • Looking for huge markets in meat space is harder and harder • Virtual currencies and markets will need all the same financial products and services • Invest in a few good learning projects ASAP
  11. Entrepreneurship.

×