Do ông Aaron Axworthy trình bày tại hội thảo "TMĐT-Cơ hội nghề nghiệp trong tầm tay"
Giám đốc mảng dịch vụ tài chính tại 3 nước Vietnam, Laos và Campuchia.
Core Banking Transformation: Solutions to Standardize Processes and Cut CostsIBM Banking
IBM Banking Industry Framework for Core Banking Transformation (CBTF) has many assets, tools, methods and accelerators to help banks standardize and link core processes seamlessly and reduce point-to-point interfaces to cut cost and complexity.
The document discusses core banking transformation, which refers to replacing, upgrading, or outsourcing a bank's core banking systems. It addresses the drivers for transformation, including internal needs like managing legacy systems and reducing costs as well as external factors like regulations and competition. Building a strong business case is important, involving both qualitative and quantitative analysis of costs, benefits, and long payback periods of 3-5 years on average. The right transformation approach depends on factors like the bank's size and complexity, and may include a complete replacement, upgrade, or outsourcing of systems.
Ifw framework for banking industry presentationRavi Sarkar
The document provides an overview of the Information Framework (IFW), which is an architectural framework developed for the banking and financial services industry. IFW aims to provide an agile and component-based approach to building IT systems. It addresses challenges in the financial industry related to frequent changes, compliance, and business transformation. IFW includes pre-defined process models, data models, integration models and other assets that can accelerate projects through reuse. Adopting IFW helps standardize architecture, reduce risks and costs, and optimize reuse across an organization.
The document discusses how the internet and web have reduced transaction costs for companies, allowing them to outsource more functions rather than perform them internally. It provides examples of companies like IBM, Cisco, Herman Miller and Dell that have significantly cut costs and improved customer service through online procurement, customer self-service applications, and customizing products/services for individual customers online. The key benefits highlighted are lower costs, faster response times, and better ability to connect with customers, suppliers and partners.
The communications software market is undergoing a dramatic shift from legacy hardware- and network-centric systems to more efficient cloud-based tools that enable businesses to have more meaningful and informed contextual conversations with their customers.
Catalyst has seen this first-hand through its investment in Weave (recently named to the 2019 Forbes Cloud 100). For example, a common phone call between a dentist office using Weave and their patient has been transformed from “while I have you on the phone, is there anyone else in your family that needs an appointment?” to “while I have you on the phone, I see your children haven’t had appointments in over a year – should we get them scheduled next month as well?”
Weave’s solutions are just one example of how contextual communications are having an impact on how businesses communicate internally and with their customers – Catalyst believes we’re in the early days of a generational transformation and is excited to partner with more vertically and functionally focused businesses enabling contextual communications.
At Catalyst, we employ a proactive, research-based approach to investing, targeting sectors experiencing outstanding growth. If you are an owner, operator, or investor in a growth stage company innovating the way businesses communicate either with their customers or internally, we would like to hear from you. Please send inquiries and business plans to kyle@catalyst.com.
3 key considerations for IT teams at small to midsized firms.How data, security & support should influence platform decisions for tech decision makers.
Visit ReadyTalk at: http://www.readytalk.com/
Intelligente industriløsninger til den finansielle sektorIBM Danmark
The document discusses IBM's Banking Industry Framework, which provides integrated solutions for banks. The framework includes components for core banking modernization, payments and securities, customer care and insight, integrated risk management, and financial markets. It offers benefits such as mitigating risk, accelerating implementations using accelerators, reducing costs, and future-proofing solutions. The framework takes a modular approach to transforming core banking capabilities.
Core Banking Transformation: Solutions to Standardize Processes and Cut CostsIBM Banking
IBM Banking Industry Framework for Core Banking Transformation (CBTF) has many assets, tools, methods and accelerators to help banks standardize and link core processes seamlessly and reduce point-to-point interfaces to cut cost and complexity.
The document discusses core banking transformation, which refers to replacing, upgrading, or outsourcing a bank's core banking systems. It addresses the drivers for transformation, including internal needs like managing legacy systems and reducing costs as well as external factors like regulations and competition. Building a strong business case is important, involving both qualitative and quantitative analysis of costs, benefits, and long payback periods of 3-5 years on average. The right transformation approach depends on factors like the bank's size and complexity, and may include a complete replacement, upgrade, or outsourcing of systems.
Ifw framework for banking industry presentationRavi Sarkar
The document provides an overview of the Information Framework (IFW), which is an architectural framework developed for the banking and financial services industry. IFW aims to provide an agile and component-based approach to building IT systems. It addresses challenges in the financial industry related to frequent changes, compliance, and business transformation. IFW includes pre-defined process models, data models, integration models and other assets that can accelerate projects through reuse. Adopting IFW helps standardize architecture, reduce risks and costs, and optimize reuse across an organization.
The document discusses how the internet and web have reduced transaction costs for companies, allowing them to outsource more functions rather than perform them internally. It provides examples of companies like IBM, Cisco, Herman Miller and Dell that have significantly cut costs and improved customer service through online procurement, customer self-service applications, and customizing products/services for individual customers online. The key benefits highlighted are lower costs, faster response times, and better ability to connect with customers, suppliers and partners.
The communications software market is undergoing a dramatic shift from legacy hardware- and network-centric systems to more efficient cloud-based tools that enable businesses to have more meaningful and informed contextual conversations with their customers.
Catalyst has seen this first-hand through its investment in Weave (recently named to the 2019 Forbes Cloud 100). For example, a common phone call between a dentist office using Weave and their patient has been transformed from “while I have you on the phone, is there anyone else in your family that needs an appointment?” to “while I have you on the phone, I see your children haven’t had appointments in over a year – should we get them scheduled next month as well?”
Weave’s solutions are just one example of how contextual communications are having an impact on how businesses communicate internally and with their customers – Catalyst believes we’re in the early days of a generational transformation and is excited to partner with more vertically and functionally focused businesses enabling contextual communications.
At Catalyst, we employ a proactive, research-based approach to investing, targeting sectors experiencing outstanding growth. If you are an owner, operator, or investor in a growth stage company innovating the way businesses communicate either with their customers or internally, we would like to hear from you. Please send inquiries and business plans to kyle@catalyst.com.
3 key considerations for IT teams at small to midsized firms.How data, security & support should influence platform decisions for tech decision makers.
Visit ReadyTalk at: http://www.readytalk.com/
Intelligente industriløsninger til den finansielle sektorIBM Danmark
The document discusses IBM's Banking Industry Framework, which provides integrated solutions for banks. The framework includes components for core banking modernization, payments and securities, customer care and insight, integrated risk management, and financial markets. It offers benefits such as mitigating risk, accelerating implementations using accelerators, reducing costs, and future-proofing solutions. The framework takes a modular approach to transforming core banking capabilities.
White paper achieving the most economically advantageous applications solutio...Newton Day Uploads
This is a White Paper that I produced in 2010 on the subject of how organizations have the potential to always achieve the most economically advantageous application solution for their business by insourcing IT thanks to the evolution of near-real-time applications authoring.
1. The document discusses the development of a new Management Information System (MIS) for Glyndwr Bank. The objectives are to develop applications to support the bank's operations and competitive strategy.
2. The IT Manager's objectives are to lay out a framework for understanding the existing systems and designing appropriate planning and control systems to migrate data to the new MIS. The MIS should allow collection, storage, and transformation of data into useful business information and reports, provide data security controls, and automate processes.
3. Key features of the new MIS include enhancing employee communication, delivering information throughout the bank, providing an objective system for recording data, reducing manual work, and supporting strategic goals. The IT Manager will create a
This document is an assignment cover sheet and report for a course on emerging technologies in business. It discusses cloud computing as an emerging technology in the banking industry.
The report provides an overview of cloud computing, including its benefits for banks such as cost savings, business continuity, and agility. It also discusses examples of how some banks have significantly reduced IT infrastructure costs by adopting cloud services. While security and vendor lock-in are concerns, the report concludes that cloud computing remains promising for the banking industry due to benefits like scalability, mobility, and competitive advantages.
UPS uses a complex package tracking system involving inputs like package details, signatures, locations and billing data. This data is processed by transmitting it to central computers for storage and organization so packages can be tracked by various criteria. Outputs include delivery times, locations and reports for customers and management. The system provides value by reducing paperwork, saving fuel costs, monitoring deliveries, and enabling easy customer inquiries. It helps solve routing problems and allows UPS to compete effectively through efficient tracking of packages. Without this system, UPS would struggle to compete as the largest package delivery company.
The document discusses various enterprise functional systems and e-business systems. It outlines systems for marketing, production/operations, accounting, finance, and human resource management. It also discusses e-business systems like enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM), and knowledge management systems, describing their components, value, types, and issues.
The Digital insurer was pleased to present at IQPC claims & underrwriting conference in Singapore in September 2013. The presentation aimed to stress the important of tablet POS toolkits as a tool to transform agency distribution. In that context the opportuntiy for digital underwriting is then clarified.
The Digital Insurer managed Asia's largest article forum for professionals interested in digital insurance.
The document discusses the Defense Logistics Agency's logistics strategy of working with top IT strategists to deliver technology, materials, and information around the world in a timely manner. It details how DLA has modernized its contracting and procurement processes through initiatives like electronic bidding, prime vendor programs, and leveraging web and e-commerce technologies. This has streamlined operations and reduced costs while allowing DLA to more efficiently support the vast logistics needs of the military.
Understanding the Information Architecture, Data Management, and Analysis Cha...Cognizant
As the Internet of Things (IoT) becomes increasingly prevalent, organizations must build the enterprise information architecture required to gather, manage, and analyze vast troves of rich real-time data. We offer an IoT framework, use cases, and a maturity model that helps enable you to choose an adoption approach.
The document summarizes and compares IBM and EMC's strategies for information infrastructure. It finds that IBM takes a more holistic, solution-oriented approach to address all customer needs, while EMC maintains a stronger product focus through its disk, security, and content management business units. The document also notes that IBM can provide a more complete set of hardware, software, services and financing to support customers' information infrastructure transformations.
The document discusses ERP (Enterprise Resource Planning) systems as the technological backbone for e-business. It describes how ERP integrated software suites automate back-office functions like finance, manufacturing, distribution, HR, and more. ERP allows companies to link processes like sales, inventory management, production, and finance. The document also covers the evolution of ERP systems and key decisions around selecting and implementing an ERP solution.
Navigating Through Post-Merger Integration of CRM Systems: A Salesforce Persp...Cognizant
To execute a successful post-merger integration of customer relationship management (CRM) system Saleforce.com (SFDC), organizations must understand and address specific critical considerations. These include IT asset consolidation, unifying and streamlining the post-merger architecture and organizational structure, change management execution, data migration processes, and regulation and compliance requirements.
Smb group top 10 smb tech trends 2015-final-1SMB Group
The document outlines the top 10 technology trends for small and medium-sized businesses (SMBs) in 2015 according to SMB Group. These trends include: 1) Cloud becoming the new IT infrastructure; 2) IT staff and partners evolving into cloud managers; 3) SMBs recalibrating strategies and spending for mobile; 4) The Internet of Things coming into focus; 5) SMBs reinventing marketing for the digital buyer journey; 6) Key performance indicators becoming more important metrics than ROI; 7) Analytics becoming more accessible; 8) The need to reimagine work; 9) SMBs prioritizing security; and 10) SMBs taking an incremental approach to integrated solutions.
Strategic Management and Information Technology OutsourcingFarooq Omar
This document discusses strategic project management considerations for outsourcing an IT project. It emphasizes the importance of clearly specifying requirements, conducting a thorough cost-benefit analysis, and selecting an experienced project manager to oversee vendor communication and performance monitoring. The document also stresses the need for strong security policies and choosing a vendor that adheres to the organization's security rules to protect sensitive data when outsourcing IT functions.
The document discusses different types of e-business models including B2C, B2B, C2B, and C2C. It then provides details on each model type, examples of companies that use each model, and how they generate revenue. The document also proposes an e-business architectural framework consisting of interaction management, trust and access, and business process integration frameworks to define protocols and enable assembly of components.
Telecom Billing Solutions By Sohag SarkarSohag Sarkar
This document provides an overview of telecom billing solutions. It discusses the evolution of billing systems from in-house developed systems in the 1980s to more complex third-party solutions today. The general billing process is described involving collecting call detail records from the network, rating calls according to customer plans, aggregating rated calls into invoices, and generating bills. The key components of a billing system including mediation, rating, and invoicing engines are explained. Finally, the document outlines the major functions performed by rating engines in processing usage records and preparing them for invoicing.
IBM presented on their advanced analytics platform architecture and decisions. The platform ingests streaming and batch data from various sources and filters the data for real-time, predictive, and descriptive analytics using tools like Hadoop and SPSS. It also performs identity resolution and feedback loops to improve predictive models. Mobility profiling and social network analysis were discussed as examples. Data engineering requirements like security, scalability, and support for structured and unstructured data were also outlined.
2468 process innovation & enterprise architecture -(foundation for operation...Ravi Sarkar
Speaker: IBM Interconnect 2016
Process Innovation and Enterprise Architecture as foundation for operational excellence
Abstract: With ever increasing drive to make healthcare more affordable, personalized and accessible, Healthcare Insurance industry has to discover true opportunities for innovation, automation and improvement. Transitioning away from a complex-costly traditional environment to a modernized-digitized operation needs informed decision making. The talk will focus on how Process Innovation, Enterprise Architecture methods and value-driven planning are used to lay out the foundation for innovation and strategic decision making in this high impact transformative journey to create alignment b/w strategy and execution. The talk will also focus on the powerful ways IBM Blueworks Live is leveraged to gauge business operations for strategic road mapping
SMB Group's 2011 Top SMB Technology TrendsSMB Group
1. The document discusses the top 10 SMB technology market trends for 2011, including the growth of mobile commerce, demand for order in managing social media, app stores becoming a key information source, and the shift to cloud computing becoming irreversible.
2. It also covers the formation of a new cloud channel model, transitioning to the "insight economy" becoming easier, tablets fueling the mobile app explosion, and integration becoming a key business solution differentiator.
3. Key points discussed are the rapid growth of mobile use by SMBs for commerce and business functions, the need for solutions to help SMBs manage vast amounts of social media, and cloud computing providing benefits like reduced costs and faster innovation for SMB
This document discusses opportunities for document imaging software in the banking and financial services sectors. It outlines business drivers like the need to replace outdated microfilm technologies and cut costs. Regulatory compliance around data security and accessibility is also driving demand for document imaging solutions. The document describes how technologies like forms processing, archiving, and document distribution can help banks and financial institutions access information faster, improve processes, and lower storage and compliance costs.
The document discusses information systems for businesses and how they have evolved. It covers the need for information systems to support fast and accurate transactions, storage, communication, and decision-making. It also discusses the pressures businesses face in today's global, technology-driven environment and how they are responding through strategic systems, business process reengineering, e-commerce, alliances, and continuous improvement efforts.
#IBMInsight session presentation "Mitigate Risk, Combat Fraud and Financial Crimes"
The Issue of fraud, challenges, fighting fraud as an enterprise endeavor, IBM Smarter counter fraud framework and IBM Counter Fraud business services
More at ibm.biz/BdEPRH
This document discusses configuring IBM PureFlex and Flex System solutions using the IBM e-config and x-config configuration tools. It provides an overview of the PureFlex and Flex System offerings, including the different configuration options available for building to order (BTO) or configuring to order (CTO) solutions. It also covers the various configuration tools that can be used, including e-config for Power solutions and x-config for System x, and provides tips and best practices for configuring PureFlex solutions.
White paper achieving the most economically advantageous applications solutio...Newton Day Uploads
This is a White Paper that I produced in 2010 on the subject of how organizations have the potential to always achieve the most economically advantageous application solution for their business by insourcing IT thanks to the evolution of near-real-time applications authoring.
1. The document discusses the development of a new Management Information System (MIS) for Glyndwr Bank. The objectives are to develop applications to support the bank's operations and competitive strategy.
2. The IT Manager's objectives are to lay out a framework for understanding the existing systems and designing appropriate planning and control systems to migrate data to the new MIS. The MIS should allow collection, storage, and transformation of data into useful business information and reports, provide data security controls, and automate processes.
3. Key features of the new MIS include enhancing employee communication, delivering information throughout the bank, providing an objective system for recording data, reducing manual work, and supporting strategic goals. The IT Manager will create a
This document is an assignment cover sheet and report for a course on emerging technologies in business. It discusses cloud computing as an emerging technology in the banking industry.
The report provides an overview of cloud computing, including its benefits for banks such as cost savings, business continuity, and agility. It also discusses examples of how some banks have significantly reduced IT infrastructure costs by adopting cloud services. While security and vendor lock-in are concerns, the report concludes that cloud computing remains promising for the banking industry due to benefits like scalability, mobility, and competitive advantages.
UPS uses a complex package tracking system involving inputs like package details, signatures, locations and billing data. This data is processed by transmitting it to central computers for storage and organization so packages can be tracked by various criteria. Outputs include delivery times, locations and reports for customers and management. The system provides value by reducing paperwork, saving fuel costs, monitoring deliveries, and enabling easy customer inquiries. It helps solve routing problems and allows UPS to compete effectively through efficient tracking of packages. Without this system, UPS would struggle to compete as the largest package delivery company.
The document discusses various enterprise functional systems and e-business systems. It outlines systems for marketing, production/operations, accounting, finance, and human resource management. It also discusses e-business systems like enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM), and knowledge management systems, describing their components, value, types, and issues.
The Digital insurer was pleased to present at IQPC claims & underrwriting conference in Singapore in September 2013. The presentation aimed to stress the important of tablet POS toolkits as a tool to transform agency distribution. In that context the opportuntiy for digital underwriting is then clarified.
The Digital Insurer managed Asia's largest article forum for professionals interested in digital insurance.
The document discusses the Defense Logistics Agency's logistics strategy of working with top IT strategists to deliver technology, materials, and information around the world in a timely manner. It details how DLA has modernized its contracting and procurement processes through initiatives like electronic bidding, prime vendor programs, and leveraging web and e-commerce technologies. This has streamlined operations and reduced costs while allowing DLA to more efficiently support the vast logistics needs of the military.
Understanding the Information Architecture, Data Management, and Analysis Cha...Cognizant
As the Internet of Things (IoT) becomes increasingly prevalent, organizations must build the enterprise information architecture required to gather, manage, and analyze vast troves of rich real-time data. We offer an IoT framework, use cases, and a maturity model that helps enable you to choose an adoption approach.
The document summarizes and compares IBM and EMC's strategies for information infrastructure. It finds that IBM takes a more holistic, solution-oriented approach to address all customer needs, while EMC maintains a stronger product focus through its disk, security, and content management business units. The document also notes that IBM can provide a more complete set of hardware, software, services and financing to support customers' information infrastructure transformations.
The document discusses ERP (Enterprise Resource Planning) systems as the technological backbone for e-business. It describes how ERP integrated software suites automate back-office functions like finance, manufacturing, distribution, HR, and more. ERP allows companies to link processes like sales, inventory management, production, and finance. The document also covers the evolution of ERP systems and key decisions around selecting and implementing an ERP solution.
Navigating Through Post-Merger Integration of CRM Systems: A Salesforce Persp...Cognizant
To execute a successful post-merger integration of customer relationship management (CRM) system Saleforce.com (SFDC), organizations must understand and address specific critical considerations. These include IT asset consolidation, unifying and streamlining the post-merger architecture and organizational structure, change management execution, data migration processes, and regulation and compliance requirements.
Smb group top 10 smb tech trends 2015-final-1SMB Group
The document outlines the top 10 technology trends for small and medium-sized businesses (SMBs) in 2015 according to SMB Group. These trends include: 1) Cloud becoming the new IT infrastructure; 2) IT staff and partners evolving into cloud managers; 3) SMBs recalibrating strategies and spending for mobile; 4) The Internet of Things coming into focus; 5) SMBs reinventing marketing for the digital buyer journey; 6) Key performance indicators becoming more important metrics than ROI; 7) Analytics becoming more accessible; 8) The need to reimagine work; 9) SMBs prioritizing security; and 10) SMBs taking an incremental approach to integrated solutions.
Strategic Management and Information Technology OutsourcingFarooq Omar
This document discusses strategic project management considerations for outsourcing an IT project. It emphasizes the importance of clearly specifying requirements, conducting a thorough cost-benefit analysis, and selecting an experienced project manager to oversee vendor communication and performance monitoring. The document also stresses the need for strong security policies and choosing a vendor that adheres to the organization's security rules to protect sensitive data when outsourcing IT functions.
The document discusses different types of e-business models including B2C, B2B, C2B, and C2C. It then provides details on each model type, examples of companies that use each model, and how they generate revenue. The document also proposes an e-business architectural framework consisting of interaction management, trust and access, and business process integration frameworks to define protocols and enable assembly of components.
Telecom Billing Solutions By Sohag SarkarSohag Sarkar
This document provides an overview of telecom billing solutions. It discusses the evolution of billing systems from in-house developed systems in the 1980s to more complex third-party solutions today. The general billing process is described involving collecting call detail records from the network, rating calls according to customer plans, aggregating rated calls into invoices, and generating bills. The key components of a billing system including mediation, rating, and invoicing engines are explained. Finally, the document outlines the major functions performed by rating engines in processing usage records and preparing them for invoicing.
IBM presented on their advanced analytics platform architecture and decisions. The platform ingests streaming and batch data from various sources and filters the data for real-time, predictive, and descriptive analytics using tools like Hadoop and SPSS. It also performs identity resolution and feedback loops to improve predictive models. Mobility profiling and social network analysis were discussed as examples. Data engineering requirements like security, scalability, and support for structured and unstructured data were also outlined.
2468 process innovation & enterprise architecture -(foundation for operation...Ravi Sarkar
Speaker: IBM Interconnect 2016
Process Innovation and Enterprise Architecture as foundation for operational excellence
Abstract: With ever increasing drive to make healthcare more affordable, personalized and accessible, Healthcare Insurance industry has to discover true opportunities for innovation, automation and improvement. Transitioning away from a complex-costly traditional environment to a modernized-digitized operation needs informed decision making. The talk will focus on how Process Innovation, Enterprise Architecture methods and value-driven planning are used to lay out the foundation for innovation and strategic decision making in this high impact transformative journey to create alignment b/w strategy and execution. The talk will also focus on the powerful ways IBM Blueworks Live is leveraged to gauge business operations for strategic road mapping
SMB Group's 2011 Top SMB Technology TrendsSMB Group
1. The document discusses the top 10 SMB technology market trends for 2011, including the growth of mobile commerce, demand for order in managing social media, app stores becoming a key information source, and the shift to cloud computing becoming irreversible.
2. It also covers the formation of a new cloud channel model, transitioning to the "insight economy" becoming easier, tablets fueling the mobile app explosion, and integration becoming a key business solution differentiator.
3. Key points discussed are the rapid growth of mobile use by SMBs for commerce and business functions, the need for solutions to help SMBs manage vast amounts of social media, and cloud computing providing benefits like reduced costs and faster innovation for SMB
This document discusses opportunities for document imaging software in the banking and financial services sectors. It outlines business drivers like the need to replace outdated microfilm technologies and cut costs. Regulatory compliance around data security and accessibility is also driving demand for document imaging solutions. The document describes how technologies like forms processing, archiving, and document distribution can help banks and financial institutions access information faster, improve processes, and lower storage and compliance costs.
The document discusses information systems for businesses and how they have evolved. It covers the need for information systems to support fast and accurate transactions, storage, communication, and decision-making. It also discusses the pressures businesses face in today's global, technology-driven environment and how they are responding through strategic systems, business process reengineering, e-commerce, alliances, and continuous improvement efforts.
#IBMInsight session presentation "Mitigate Risk, Combat Fraud and Financial Crimes"
The Issue of fraud, challenges, fighting fraud as an enterprise endeavor, IBM Smarter counter fraud framework and IBM Counter Fraud business services
More at ibm.biz/BdEPRH
This document discusses configuring IBM PureFlex and Flex System solutions using the IBM e-config and x-config configuration tools. It provides an overview of the PureFlex and Flex System offerings, including the different configuration options available for building to order (BTO) or configuring to order (CTO) solutions. It also covers the various configuration tools that can be used, including e-config for Power solutions and x-config for System x, and provides tips and best practices for configuring PureFlex solutions.
To drive customer service excellence, while ensuring high levels of security and compliance, banking organisations are investing in new technologies such as extended ATM networks and in-branch digital banking. With this, the edge of the network is becoming more highly distributed and therefore requires more flexible connectivity – for which 3G/4G mobile networking solutions provide a solution.
Marlabs is an IT services firm that provides customized technology solutions for banks and financial institutions globally, drawing on expertise in both technology and the financial industry. Their solutions include offerings for compliance and risk management, credit services, business intelligence and data warehousing, financial portals, and independent testing. Marlabs takes a strategic approach to risk management that identifies all potential risks and minimizes them through efficient processes, delivery methods, and governance models.
Ibm financial crime management solution 3Sunny Fei
The document discusses IBM's financial crime management solution which uses an integrated platform to help banks prevent and manage financial crime more effectively. It analyzes real-time transaction data using customized rules to detect potential fraud cases and monitor high-risk activities. When issues are identified, cases are created and investigators can collaborate to investigate further and take appropriate actions. The solution aims to help banks address the growing challenges of financial crime and optimize fraud prevention.
Banking Solutions: Managing Customer Data to Improve EfficiencyIBM Banking
The document discusses how banks can improve the customer experience through front office transformation. It recommends developing a single customer view, leveraging customer interaction data to enhance customer centricity, and implementing a personalized multi-channel strategy. This will allow banks to better understand customers, develop tailored products and services, and attract and retain customers. The document also provides examples of how IBM is helping banks implement technologies like customer analytics, digital banking solutions, and an open service-oriented architecture to power a customer-focused enterprise.
Breaking down the cyber security framework closing critical it security gapsIBM Security
Cyber crime is pervasive and here to stay. Whether you work in the Public Sector, Private Sector, are the CEO for a Fortune 500 Company or trying to sustain a SMB everyone is under attack. This February, President Obama, issued an executive order aimed at protecting critical business and government infrastructure due to the scale and sophistication of IT security threats that have grown at an explosive rate. Organizations and Government agencies have to contend with industrialized attacks, which, in some cases, rival the size and sophistication of the largest legitimate computing efforts. In addition, they also have to guard against a more focused adversary with the resources and capabilities to target highly sensitive information, often through long-term attack campaigns. Many security executives are struggling to answer questions about the most effective approach.
This document provides information about Networkers International, a recruitment firm specialized in technology professionals for global financial institutions. It discusses Networkers' SAP Banking division which provides freelance and permanent staffing solutions for SAP modules used in banking, treasury, risk management and other banking processes. The document also lists some of Networkers' key clients and outlines their delivery process and approach to working with clients.
In this session, you will learn about SAP Ariba solutions for payables and finance in 2016 and beyond, specifically in EMEA. This session is a must if you are a corporate finance or A/P user or a deployment/implementation team member seeking information associated with the direction of SAP Ariba solutions for payables and finance in EMEA.
IBM provides software solutions to help governments become smarter through:
1) Leveraging information to make better decisions and anticipate problems.
2) Coordinating resources and processes to operate effectively.
3) Enabling leaders to better serve citizens and businesses in a rapidly changing world.
Today's customers are fundamentally different from customers of past years as they are harder to acquire, retain, and delight because of the explosion in digital technologies consumers use day to day. New digital experiences are forcing banks to play catch-up and match the innovative and engaging interactions and products — such as mobile payments — that non-banks are offering to those same customers. This IDC research, sponsored by TCS Digital Software & Solutions Group, revealed three key themes for digital transformation in the banking industry.
The document discusses the evolution of bank automation in India from 1981 onwards. It outlines key components of a core banking system including centralized data processing, banking application software, hardware, and network infrastructure that allow round-the-clock processing of all bank products and services. This automation provides customers with 24/7 access to services like ATMs, internet banking, mobile banking, and enables back-office functions such as transactions recording and interest calculations.
The document discusses the banking industry in India. It outlines objectives like identifying market share and competition. It describes the market structure in India and globally, with public sector banks, private sector banks, and foreign banks in India. The top 10 banks in India and worldwide are listed. Industry concentration is examined using the Herfindahl Index. Technological changes, demand conditions, pricing, advertising, and mergers and acquisitions in the industry are analyzed. The future outlook is positive due to India's growing population and incomes.
Banks needs to be part of customers every decision making process and convert this continuous engagement to repeated use of banking products/services. This ingenious concept will help banks step out its shoes of being a financial partner to a friend who can be counted in their day to day lives by giving them exclusive rewards and offers to meet their everyday needs.
E filing of income tax returns & tax audit reports for A.Y. 2013-14Ameet Patel
The Income-tax department of India has made several changes to the e-filing provisions for tax returns. These have added considerable responsibility on tax payers and their Chartered Accountants. The presentation talks about the changes to the e-filing requirements that are effective F.Y. 2012-13 (Assessment Year: 2013-14)
The document summarizes the evolution of the banking system in India. It describes the old banking system from 1786 to 1969 which involved manual documentation and few services. It then discusses the nationalization of banks from 1969 to 1991. Finally, it outlines the new banking system post-1991 reforms involving increased technology usage through tools like core banking solutions, ATMs, and online services that have improved customer experience but also introduced new risks like hacking and phishing.
This document discusses the opportunities and challenges facing banks from major trends like changing regulations, technology, demographics, and the economy. It outlines industry challenges such as retaining customers who expect personalized digital experiences. It argues that banks must embrace change, understand customers, and ensure agility, efficiency, and security. The document promotes cognitive computing and analytics solutions from IBM to gain insights from data, improve operations and compliance, enhance customer engagement, and inform better decisions. It provides examples of IBM clients that achieved benefits like increased efficiencies and revenues through solutions for marketing, customer analytics, payments, and other areas.
Enterprises are faced by information overload. Big data appears as an opportunity, but has no relevance until enterprises can put it in context of their activities, processes, and organizations, Applying MDM principles to Big Data is therefore an opportunity that enterprises should target.
This presentation covers the following topics :
- what is MDM and Information Management
- what is Big Data and what are the use cases
- why and how Big Data can take advantage of MDM ? why and how MDM can take advantage of Big Data ?
Emerging Technologies - The Future Of Finance (CIMA Feb 2019)Michael Sadler
A presentation by IBM on the topic of "The Future Of Finance" examining emerging trends, and how accountants can to prepare for the transition from "running the numbers" to being value-adding partners to the business.
Empower Your Corporate Bank with Finacle's Comprehensive Solutionsnehapaul23
Finacle Corporate Banking is a one-stop solution suit to help drive the digital modernization of your corporate bank. Enhance your corporate banking services with Finacle's suite of solutions designed to streamline operations, improve customer engagement, and drive growth. From corporate lending and cash management to trade finance and payments, discover how Finacle's solutions can help your bank stay ahead in the competitive corporate banking landscape.
Learn More: https://www.edgeverve.com/finacle/solutions/corporate-banks/
Cloud technology is no longer a new player in the market,
but it’s a mature and integral part of the IT landscape and a
key parameter in driving business growth. It is an
indispensable topic among CXOs. A research by Fraedon has
found that almost half of the banks find their legacy
systems to be the biggest hindrance in their growth.
This document discusses Microsoft's vision and strategy around service-oriented architecture (SOA) and integration. It outlines how Microsoft platforms like .NET 3.0, Windows Workflow Foundation, and BizTalk Server enable the development of composite and integrated applications using SOA principles. The document also provides examples of how major financial institutions are using Microsoft technologies in mission-critical applications.
MLM Platform for Financial (Services Simplifies Industry's ComplexityEpixel MLM Software
The financial services sector is characterized by intense competition. It has had numerous highs and lows brought on by shifts in the market and the economy. In addition to market saturation, decreased consultant productivity, as well as other internal and external variables, add to the industry's complexity. Selecting the ideal multilevel marketing platform for financial services has aided numerous businesses in navigating the obstacles to success.
The majority of MLM platforms may be tailored to each business's specific needs. To reduce process complexity, however, important and frequently needed needs like commission management, data security, and regulatory compliance are automated. Automation of these procedures not only reduces complexity but also makes it easier for business administrators to oversee the company with fewer mistakes and downtime. To make sure that the company remains compliant with the law and regulations, these platforms are updated frequently with new compliance guidelines.
Financial services can benefit from the incorporation of emerging technologies like blockchain, artificial intelligence, and other fintech advances, which can easily integrate with existing systems and turn them into highly productive ones. This is made possible by MLM platforms. Organizational data security and privacy are always protected using an end-to-end encryption framework. A company that has a well-established security infrastructure also enjoys the trust and satisfaction of its customers.
CGI's Steve Starace, SVP & BU Leader, U.S. Northeast explains how CGI’s solutions and services are addressing clients’ top priorities in the banking industry.
Microsoft provides digital and modern banking solutions to help financial institutions address changing customer expectations, risks of disruption, and other industry forces driving change. Key areas of innovation include digital client engagement, self-service capabilities, omni-channel experiences, hyper-personalization, third-party distribution, and technology platform modernization using approaches like APIs, partner collaboration, selective modernization of core systems, and acting like a challenger digital bank. Case studies highlight how Microsoft Services helped launch new digital banking platforms in Portugal and Italy that attracted new customer segments through modern experiences and a unique focus on sustainability.
Data engineering Use Cases in financial industry.pdfshreyathaker
Join us as we unravel the mysteries of data engineering and uncover the secrets to success in the digital age. Our newsletter is your go-to resource for exploring the top 5 use cases that are driving innovation across industries and transforming the way businesses harness the power of data. With a blend of expert analysis, real-world examples, and practical advice, we empower data enthusiasts to tackle complex challenges and unleash the full potential of their data ecosystem. Whether you're a data scientist, engineer, analyst, or business leader, our newsletter provides valuable insights and actionable strategies to help you stay ahead of the curve and drive meaningful change in your organization.
Technology breakthroughs, reversal of deregulation and dynamic markets are impacting the banking industry. Non-banking players such as mobile operators and Internet startups are also offering similar products and solutions. This is forcing the banks to be more innovative and proactive in their operations and risk management measures. Mindtree leverages its extensive domain and technical expertise, to deliver solutions for the world’s leading banks and financial institutions. The proprietary frameworks help accelerate solution development and implementation. We enable the bank’s IT organization to provide reliable, predictable and scalable services to its business users and end consumers.
Impact of machine learning on banking sectorAbhishek Verma
Machine learning is having a major impact on the banking sector by enabling banks to process huge volumes of data faster and more accurately to make predictions. It is being used across banking for applications like fraud detection, risk management, loan underwriting, portfolio management, and customer service. While machine learning provides benefits, banks face challenges around limited budgets, talent shortages, data privacy and security issues, and legacy systems. The continued evolution of AI is expected to further disrupt the banking industry through redefining job roles, increasing the importance of data regulations, and disrupting market structure.
The document discusses challenges facing banks as they seek to improve efficiency and profitability. It outlines key business drivers such as cost reduction, improving customer experience, and regulatory compliance. Top Image Systems provides integrated solutions to help banks address these challenges by streamlining operations, reducing costs, enhancing processes, and reducing risk through technology. Their banking platform allows banks to capture, verify, and utilize critical data to drive business processes and deliver value.
Investment banks recognize the need to digitize in order to generate new revenue sources but face challenges in defining digital strategies. The document discusses four key challenges investment banks face in becoming digital businesses: 1) Enabling seamless collaboration through tools like Salesforce Chatter. 2) Providing faster data and insights to clients through real-time risk analysis. 3) Creating a unified view of collateral management across business units. 4) Strengthening security measures like active defense as digital transformation increases risks. The document argues investment in areas like analytics, mobility, cloud computing, and security are required for investment banks to deliver rich digital experiences and remain competitive.
The document summarizes major innovations and challenges in the financial sector due to digitization. Key innovations discussed include increased digitization across payments, data collection/analytics, cloud-based financial management platforms, and alternative capital raising platforms like crowdfunding. This has improved access and efficiency but also creates challenges around data security, maintaining specialized expertise, and external dependency. Overall, the financial sector is being transformed by new digital technologies and platforms, but also faces growing risks from greater digitization and data collection that must be addressed.
Join this session to understand what drives Global and Asia Pacific Financial Services Institutions (FSI) of all sizes to adopt the cloud and how they get started on their journey. This presentation will also include how they leverage the cloud to address specific industry challenges and create business value.
Mike Walker presents Microsoft's approach to addressing challenges in the financial services industry through partnerships and reference architectures. Key points discussed include partnerships with major financial institutions that leverage Microsoft technologies like SQL Server and .NET to improve performance, compliance and cost savings. Microsoft provides industry solutions, a component library and frameworks to help build scalable and connected enterprise architectures.
The document discusses how cloud computing can help transform the banking industry. It notes that customers now demand more convenience and control, and banks face challenges like increased competition and regulatory pressures. Cloud computing offers banks opportunities to develop new customer experiences, enable collaboration, improve speed to market, and increase efficiency. Examples are provided of how cloud solutions have helped a mortgage company improve customer satisfaction while reducing costs and increasing revenues. The document argues that cloud computing allows banks to reinvent their business models and operations in order to better serve customers and drive growth.
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[ I B M] Ibm Banking Overview Final Version For F T U
1. The IBM Banking Industry Framework Accelerating Solutions for Smarter Banks IBM Banking solutions Framework for FTU – May 7 th 2011 Aaron Axworthy Director Financial Services Sector - Vietnam
2. Reasons to be optimistic There is an extraordinary opportunity ! $1,264 trillion The value of global assets 3 will quadruple by 2025 – calling on a vibrant global financial system to intermediate and manage. Half the world is unbanked. Just over half of world’s adult population do not use formal financial services to save or borrow. 2 2.5 billion Growth in world GDP 1 from 2010 thru 2025 will put the current crisis in context. 5.8% CAGR 1 - Nominal 2 - http://financialaccess.org/sites/default/files/110109%20HalfUnbanked_0.pdf 3 - Assets = deposits, equity and fixed income
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4. Commercial banking Retail banking Corporate finance Asset management Custody and agency services Sales and trading Payments Processing Anti-Money Laundering Compliance Reporting Trading Systems General Ledger Account Opening Customers Partners Regulators Service Providers Inflexible, complex operations and silo’d data hinder progress in using data as a strategic asset
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7. Framework projects in four domains provide the capabilities to address banking pain points Integrated Risk Management Customer Care and Insight Integration Optimization Analytics Collaboration Security Resiliency Core Banking Transformation Payments and Securities The core banking transformation domain allows you to modernize and renovate the legacy applications that support core banking functions while aligning with the changing needs of the business The customer care and insight domain helps you build a foundation for creating a single view of the customer and enabling more effective and efficient sales and service The integrated risk management domain supports taking a holistic approach to managing financial risk, financial crimes, operational and IT risk, and compliance The payments and securities domain helps you progressively transform your payments operations to become more flexible and efficient IBM Banking Industry Framework
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9. Start simplifying and realizing benefits with a framework project … select from 20 project areas across 4 framework domains Integrated Risk Management Customer Care and Insight Integration Optimization Analytics Collaboration Security Resiliency Core Banking Transformation Payments and Securities IT Foundation Transformation Core Banking Process Agility Core Banking Application Modernization SEPA Compliance Corporate Services SWIFTNet Modernization Retail Payments Payments Process Efficiency Digital Payments Conversion Financial Risk Financial Crimes Operational and IT Risk Governance and Compliance Customer Insight Optimization Customer Information Optimization Multi-Channel Transformation Sales Process Optimization Service Process Optimization Compliance Process Optimization Marketing Process Optimization IBM Banking Industry Framework
Less than a zero sum game – the new normal. We are realistic about where we are and the work ahead. But there are clear signs that it’s time to be optimistic about the future. When we look towards the future there are some very strong trends that will prevail – and the numbers are large. Growth will return and when it does we’re looking at a very large opportunity. This will challenge all of us to look at global finance and the financial supply chain in a very different way. The time to consider these changes is now. Projected growth of 5.8% CAGR over next 15 years will put the crisis in context. Half the world, or 2.5 billion people are unbanked – and this opportunity is already being aggressively pursued by using the growth in mobile devices as a platform for banking - for example in India there were 506 million mobile subscribers in November 2009, compared to approximately 124 million debit and credit cards (New York Times-May 2009) and Africa is seeing exponential growth in the same manner. Combine all this with global assets that will quadruple in the same time frame 2025 !!! There are a lot of assets to intermediate, manage, move and grow. The magnitude clearly calls on a vibrant global financial system to intermediate and manage the world’s capital and wealth.
1 – Rethinking the Financial Network, Andrew Haldane, Executive Director, Financial Stability, Bank of England 2 – OPRA and IBM analysis 3 – WWIC2008: From Autonomous to Cooperative, IBM Research While we have always understood the Financial system to be global, interconnected and complex the problems of the last 2 years have shone a light on exactly how little insight we had given the amount of information we had at our fingertips. This complex adaptive system can never be 'predicted', however a much better job can be made of analysing and understanding the interconnectedness, technology will be the driver of this capability, data and information will be the fuel. The recent melt-down proved that soundness and stability now needs to be a cross boarder priority in order to reflect the increasingly interconnected and complex financial ecosystem. in addition the market continues to evolve, some of those forces are - A new age of institutions based on new business models that maximize specialized market opportunities Client expectations are evolving and require new levels of service excellence unbiased advice and convenience to address them Transparency requirements characterized by radically increased oversight developed to restore stability and confidence Renewed focus on the efficiency of the financial information supply chain forcing the 'fit for purpose‘ information management agenda Factoids From 1985 to 2005 nodes in the financial systems network of the top 18 countries have ballooned, increasing roughly 14-fold. Financial data traffic volumes continue to climb, today there are roughly 25 billion market data messages passing through global trading systems each day. By 2011, the world will be 10 times more instrumented then it was in 2006. Internet connected devices will leap from 500M to 1 Trillion. On page points: The system moves more than $74T of money each day It is massively interconnected and interdependent The complex relationships between countries Redundant systems that require 24/7 and a continuous flow of information Rapid increases in types of data entering financial system from “real economy” digitization The constant menace of very sophisticated criminals The vastness of the work performed by the system intermediates the needs of billions of people in 190 countries in thousands of languages.
Banking operations today are highly complex and inflexible. All systems and applications are interlinked to produce an enterprise process. To connect these, most times, one-off direct connections between functions are made among back-end data and business processes. This lacks and enterprise-level approach. The result: A change to one system or process creates the need to change the whole business process. And test each system that touches the one changed. Adding complexity are the number of interfaces that banking systems must accommodate – from customers and business partners to regulators and third party service providers. Additionally there has been an explosion of data in banking systems in recent years. Customer information is spread throughout the organization and can reside in many different systems. Because of this, the different lines of business within a bank may serve the same customer, but may not be sharing data. As a result, the customer may experience different levels of service and may have to provide the same information to multiple organizations. The inability to use information effectively across the enterprise can keep banks from providing the right kind of experience for their customers.
IBM’s overall solution strategy links business and IT objectives to give you the capabilities you need to be successful. IBM and business partners provide industry solutions to help meet specific strategic objectives. To support these solutions, IBM provides the IBM Banking Industry Frameworks as a middleware platform to support banking solution deployment and integration. The framework gives you flexibility to deploy multiple solutions at the pace the makes sense for your business and allows you to reuse what you already have in your IT portfolio. This makes implementation faster and lower risk than alternative approaches. The IBM Banking Industry Framework delivers IBM market-leading software, along with banking-specific software extensions, pre-built solution accelerators, and best practice software usage patterns to speed deployment of solutions. Examples of extensions and accelerators include: Common banking process and data models – Information FrameWork and Banking Data Warehouse models IBM products specifically developed to meet an industry need, such as the WebSphere Multi-Channel Bank Transformation Toolkit, a product that accelerates the development of integrated retail banking channel delivery applications The banking framework supports solutions across the enterprise – and framework offerings are organized into four domains – Core Banking Transformation, Customer Care & Insight, Integrated Risk Management, and Payments & Securities. Many leading financial institutions are approaching transformation progressively, implementing solutions one project at a time that stand on their own – yet can leverage the value created in the one previously completed. But how do you do this and ensure that your solutions “fit” together? The IBM answer is an industry-oriented framework.
The framework delivers value to your business along six dimensions
Framework projects are offered in four domains – each one helping you to address a set of common business issues your bank faces. Many framework projects have applicability across multiple domains – for example a project to centralize customer data can have big benefits for improved customer care and insight and also for integrated risk management.
IBM business partners provide market-leading applications to support projects across the framework domains. Strategic partners have validated on our framework and/or have multiple customer proof points showing that they work with our framework. Many of these partners have proven they integrate with our middleware which makes it faster to deploy and easier to integrate their applications. It also lowers the related costs.
You can get started with a framework project from one of 19 project areas across the four framework domains. Let’s take a closer look at the Integrated Risk Management offerings.
Source : Gartner “Hype Cycle for Consulting and Systems Integration, 2007,” July 2007
Banks need to: Understand market and credit risk exposure across multiple silos to make financial and risk decisions consistent with business objectives Secure all transactions and forms of interaction, proactively prevent increasingly sophisticated internal and external prohibited activities and effectively manage detected events Proactively manage potential risks, both internal and external, business and IT, resulting from events impacting operations, processes and applications Understand and manage compliance across a dynamic set of voluntary and mandatory requirements imposed by multiple regulatory bodies, across operating jurisdictions, at an optimal cost for value