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London

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2015

Igor Ageyev

Enterprise Architect at GMIA

Posts: 0 Comments: 6

Igor is Commenting on

Investment banks facing new industrial revolution - GreySpark

There are some vague points in that summary, possibly because that is a summary not a full report. But there are two key points which need to be clarified even at that high level of summary: 1. What kind of disruption/challenges/issues investment banking is facing and why and how automotive or aircraft manufacturing approaches will help with that? 2. The role of data in the current business and IT systems and principle of processing are clear and nicely presented but what will be a role and processing of data after the proposing changes described in more general words. I agree that banking industry, as well as other industries, are facing significant challenges and require deep changes which could be described as an industry revolution (terminology which itself requires clarification) but without those answers it will be difficult to assess and manage associated risks and impact of changes. Regards Igor

05 Apr 2016 Reply Read article

Nordea selects Accenture and Temenos for core banking overhaul

A Delicate and complex one. It would be interesting to see business and technology drivers and goals. Sometime such programmes don't deliver what is expected because of wrong focus.

14 Sep 2015 Reply Read article

Banks lag manufacturers and telcos in race to build innovation centres

Innovation as well as mobility (or sometime digital), bid data and some other like cloud are buzz words. The key question is not what to innovate but why. An even what is an innovation. There are some types of innovations with different drivers, required efforts and potential results. Finance sector is obviously different from manufacturing, automotive, consumer, telecoms and expect that the same approach and measure of innovation is suitable for all of them would oversimplify the problem. Finance sector needs innovations, no doubts, but ways of how to identify and deliver those changes may be different.

25 Jul 2015 Reply Read article

Core banking transformation

Banks and other businesses maybe feel that changes are required but they are not sure what changes are required. Idea that changes are required because of digital is not very convincing because it is not clear how those technologies will help to improve business results. Mantra that customers want digital (what is digital and how that helps improve profitability of each customer?) and therefore banks need to be agile (how agile? What is criteria and measure?) from my point of view does not provide enough justification or clear and strong case for radical changes and heavy investments. That looks more like gambling rather than mature forecast or estimation. These days, when business profitability is not that great as before, deeper understanding of innovation, optimisation and modernisation projects and more careful planning of projects and results is the key to success.

25 Jul 2015 Reply Read article