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Latest thinking in respect to Banking Strategy, Digital and Transformation. Harnessing our collective wisdom to make banking better. Ambrish Parmar
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Brittany Garland Executive Director at IHS Markit
What is the next generation technology for onboarding clients at custodians? A migration has begun from portals to onboarding platforms, but some custodians are still mired in a world of email communication, writes Brittany Garland, Executive Director in Operational Risk & Regulatory Compliance at IHS Markit. The article explains that, after y...
26 April 2021 /regulation
Retired Member
Depite the long road to recovery from the Covid-19 pandemic pockets of hope emerge. Many organisations across the world, including banks were surprised at how fast they were able to adapt and move to remote working. It took an average of just 10.5 days to migrate assets to the cloud. This was around 24 times faster than anticipated according to Mc...
26 April 2021
Digitalization has influenced the finance sector a lot over recent years. Leveraging digital technologies to do business is peculiar to this market because of its data-driven nature. And within finance, nearly the fastest development is seen in the digitalization of asset management, i.e. in the acquisition, management, and sale of assets in the m...
24 April 2021 /retail /predictions
Andrew Beatty Head of Wealth, Retirement & International at FIS
Why Commercial Lending Must be Digital and Real-Time When the Internet age arrived, banks became known for using leading-edge technology to solve complex business challenges. In the decades since, they have tried to keep pace, with varying degrees of success – but many are now coming up short. Retail banking is falling behind other sectors in the ...
22 April 2021 /wholesale /predictions
Pooja Golakonda Lead Consultant at Edgeverve
There is this pandemic which has changed several equations. No doubt there is a need to be more and more digital to ensure resiliency. While this started long back in retail banking and is also now reaching the maturity stage, what comes as a surprise for me is the way the corporate banking is transitioning. This has started even before covid has ...
22 April 2021 /payments /wholesale
Tomer Guriel CEO at Ezbob
As the dust settles, a strong digital appetite is emerging amongst US financial institutions who are increasing focus and spend on digital capabilities, customer onboarding, and product origination. The COVID-19 pandemic has reshaped how banks interact with their customers. This is particularly true in the US, which has more financial institution...
21 April 2021 /wholesale /cloud
Maria Schuld Head of Regional and Community Banking at FIS
According to a recent American Banker article, “The Covid-19 era has given all banks a greater sense of urgency to reduce their overhead costs, and that urgency could jump-start merger discussions. Low interest rates have cut into net interest income, and there are concerns that fee income is nearing a plateau. That could force more banks to go o...
20 April 2021 /retail
Matt Beattie Managing Director at Beyond
Defining actionable digital transformation Being approached by a candidate who is enthusiastic about working in digital transformation is a common occurrence. My first question is always: “What does digital transformation mean to you?” The answer is often eloquent, focused on a mixture of data, customer centricity and system design improvement. Th...
20 April 2021 /retail /wholesale
The positive noises coming from traditional finance circles are becoming less convincing with each passing week that their stranglehold on the finance world loosens. Not only are the key players at the likes of Barclays Bank, Virgin Money, TSB, and RBS losing the battle for the hearts, minds, and trust of millennial and generation Z clients, but it...
08 April 2021 /retail /predictions
Digital transformation isn’t only about retail banking. Commercial banks also need to transform. Let’s face it, most of the conversation about digital banking transformation is dominated by retail. Perhaps that’s because retail banking is generally more familiar. Almost everyone knows something about retail banking, and it’s easy to compare a digit...
08 April 2021 /wholesale /predictions
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