Banking has some core set of focuses, but they are still innovating and looking for the next disruptive technology to leapfrog their existing architecture issues. This presentation was a summary of my observations from existing banking platforms.

1. Emerging Bank
Technology & Trends
Carnegie Mellon University
Trading Summit: Session 3
CLEMENS WAN
APRIL 2015

2. Givens
○ Global Market | Global Team
○ Lucrative business | Regulations
○ Internal/External Branding | Culture
○ New Technology | Investing wisely

3. What to Expect
1. Core Focuses (MtB)
2. Innovation (CtB)
3. Infrastructure

4. Core Focuses
Keep the bank’s lights on

5. Risk and Security
○ Trading patterns and Positions
○ Monitored communications
○ Client confidentiality
○ Financial Regulations
○ Monitor inflight changes

6. Total Cost of Ownership
○ Architecture Simplification
○ Reducing complexity and Optimizing
platforms
○ Reuse of SOA Layers
○ Horizontal components

7. Workforce
○ Hire globally
○ Centers of Excellence
○ Grow Your Own Talent

8. Business Continuity
○ 4000+ applications
○ Disaster Recovery
○ Plans/Processes for Failover tolerance

9. Innovation
Upcoming Technology Investments

10. ○ Big Data
○ Mobile Revolution
○ Buy vs Build
○ Leveraging groups
○ New Technology
FinTech?

11. What is Big Data?
○ Volume | Velocity | Variety
○ Scalable | Real-time | Unstructured
○ Cloud-based | Fast | Flexible
○ Powerful | Low Latency | Analytical

12. Big Data Applications
○ Market Data sets for predictive models
○ Deeper Analysis in Risk management
○ Review trends to find optimization
○ Re-engineering traditional data
warehouses

13. Mobile Development
○ HTML5
○ Swift Apps (iPhone and iPad focus)
○ BYOD
○ Flexible/Smart working

14. Mobile Development
○ HTML5
○ Swift Apps (iPhone and iPad focus)
○ BYOD
○ Flexible/Smart working

15. Buy
Pros:
○ Vendor hires expertise with
focus only on application scope
○ Vendor releases new
application features for all
clients
Cons:
○ Hidden integration expenses
○ Risk of over-reliance on vendor
applications
○ Maintenance costs and difficulty
providing data feeds
Build
Pros:
○ Much less expensive
○ Builds expertise within the firm
○ Better understanding of existing
applications
Cons:
○ Head count spread thin
○ Difficult to stay ahead of the curve
with features
○ Less integration with other banks

16. Cross Functionality
○ Combine Ideas across horizontals
○ Fewer Silos
○ New innovation teams

17. Infrastructure
Expanding the Tools for IT

18. Smart Working
○ 80% of seats used at one time
○ Flexible working arrangements
○ Openly bookable space for casual
discussions

19. Open Source Tools
○ Not as frowned upon
○ Embraced by the developer community
○ Contributes much more for front end
development than business logic

20. Real-Time Reporting
○ Give the power to the users
○ Interactive/Real-time dashboards
○ Consolidated reporting metrics

21. Empowering Internal
Users
Companies with
appealing products
inspire and empower
their users
Streamline Business
Process
Savings from more
efficient IT operations
are reinvested in
delivering projects that
can improve experience
Obtaining Value from
Data
As new tech allows
more accessible and
cost-effective data
storage and process
strategies, getting real
business value is key.
Mobile Usage in
Enterprise
Workers spending less
time in their desk, but
having greater needs of
data
Conversational Data
Visualization for Biz
Conversation with data
have replaced static
dashboards through
new technologies of
self-service analytics
Cloud
Private cloud solutions
(internally/externally
hosted) are being
leveraged and enclose
a huge potential for
upcoming years.
User Experience
UX is a key component
in internal facing
systems even for non-
business platforms
Innovation
Innovation is being
embraced not only in IT,
but every day more on
the business side.
Summary

22. What Drives Our Design?
Search
Enabled
Security
Accessible
from
Mobile
Devices
Fault
Tolerant
and
Scalable
Modern UI
& UX
Collab.
Tools
Integrate
with
Existing
Systems
Fast and
Reliable
Data
Flexible
Incremental
Adoption of
New Tech

23. … ? Clemens.wan@gmail.com
seelemonslive.com