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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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Retired Member
As the world reflects upon the impact of the last 6 months and starts to revise strategy based upon the ‘new normal’ that it now finds itself in, we look at what C-level leaders should be doing to catalyse change across their middle and back office domains. As the reality of the global pandemic sparked volatility in global markets, many organisatio...
23 September 2020 /wholesale /markets
As digital transformation continues to impact the financial services sector, Asset Servicing (AS) firms are under significant pressure to modernize their processes. To transform successfully, they need to work closely with their clients to create frictionless alignment during the end-to-end investor lifecycle journey. 1. Straight-Through Process...
17 September 2020 /regulation /devops
Diederick Van Thiel Visionary Board Member | CEO | NED at AdviceRobo | IKANO Bank | Ikano Insight
“The first six months of 2020 have been some of the most challenging in living memory. Due to the Covid-19 pandemic, much of the global economy slowed significantly and some sectors drew to a near total halt,” Chief Executive Quinn of HSBC says. First half year financial results of European banks support this claim. All banks are being hit terribl...
11 September 2020 /retail /covid-19
Béla Vér Founder and CEO at ApPello
Legacy IT challenges The challenges of bridging old and new IT systems have been demonstrated recently by banking outages at some of the leading retail banks. Meanwhile, the COVID-19 pandemic has brought to light the necessity for banks to switch to a fully digitalised customer experience, as a way of adapting to the new normal of working from hom...
08 September 2020 /retail /cloud
Claus Christensen CEO at Know Your Customer
Paper processes used to take days. Digital journeys usually take minutes. Mobile app processes should take seconds. Since mobile technology has entered everyday life, our standards for what constitutes a seamless business interaction has shifted sensibly. In financial services, the introduction of internet and mobile banking has revolutionised o...
03 September 2020 /regulation /wholesale
Jim Craig Co-Founder at Conotext
A small survey from fintech marketing firm Kasasa revealed that 56% of community financial institutions have a social media marketing budget of $1,000 or less. Another survey from WebStrategy noted that almost half of community financial institutions that responded spend between 10-19% of their marketing budget on social media marketing. Developi...
03 September 2020 /retail
Andrew Beatty Head of Wealth, Retirement & International at FIS
When I need to take a break from being immersed in the business of banking, I like to watch movies. And since the pandemic lockdown, I’ve watched quite a few. Along the way I’ve come to realize that life does indeed imitate art, sometimes in surprising ways. In this blog I’ll take a light-hearted look at drawing parallels between famous movie quot...
03 September 2020 /retail /cloud
Piers Marais Chief Product Officer at Currencycloud
A much more intelligent person than me once saidthat cryptocurrency is “everything you don’t understand about money combined with everything you don’t understand about computers.” This makes me feel dangerously under-qualified writing this post, but it’s worth having a go, right?! A colleague that I have a lot of time for recently asked me what my...
28 August 2020 /inclusion /crypto
Tayo Abinusawa Director at WeAccelerate Ltd
When the global markets strived to contain the spread of Covid-19, many banking and financial institutions (FI) were more determined than ever to emerge successful from the pandemic. Even in the face of seemingly unfavourable macro and microeconomic factors, the focus for financial services firms was embedding resilience, stability and reimagining...
27 August 2020 /people /covid-19
Charles Darwin’s theory suggests that it is not the strongest of the species that survives, nor the most intelligent, it is the one that is most adaptable to change. As the world races towards digital banking, we consider why banks need help to adapt to a digital future. Technology is redefining what’s possible across all sectors. For the most pa...
20 August 2020 /people /retail
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