Wednesday Jul 02, 2014

Model Risk Management In Banking: You Are Vulnerable Without These 3 Lines of Defense

Throughout the years, financial institutions have become heavily dependent on various models for risk calculations, performance management, anti-money laundering, fraud detection, credit risk management, etc.  Advanced models are very useful when it comes to dealing with large amounts of complex data and decision making; however, when used incorrectly they can lead to drastic implications as well.  Effective model risk management can be achieved if you follow 3 lines of defense.  Join Krishnamurthy Venkatraman, Senior Principal Product Manager for Oracle Financial Services Analytical Applications, as he discusses these 3 lines of defense.
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Wednesday Jun 25, 2014

Global Transaction Banking 3.0

A global revenue management, pricing and billing system enables banks to understand what products customers have and how to charge for services competitively based on the relationship.Join Clayt as he discusses some of the underlying issues that can  lead to revenue leakage within Global Transaction Banking space and how to resolve them.

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Tuesday Jun 17, 2014

The Mobile Payment Wars: It Pays to “Mobilize” Your Loyalty Programs!

mobile paymentsMobile wallets, touted as the next big thing in the mobile payments landscape, haven't really taken off, owing to multiple reasons discussed in previous posts on the same topic. So can digitized loyalty programs deliver the much needed fillip to encourage adoption of mobile wallets? Join Tushar as he discusses the probable impact of 'mobilized' loyalty programs on mobile payments in his fifth post in the series of posts on disruptive innovations in mobile banking.
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Wednesday May 07, 2014

Customer Centric Banking Experiences: Where Banks are Falling Short and How They Can Deliver By Mark Atherton

Banks know that they must recreate the banking customer experience. Join Mark Atherton, Group Vice President of the Financial Services Business Unit, as he shares his personal experiences  and shows us how origination can be a possible starting point for banks to catch up with their customers on this front.
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Boardroom Conversations: Are Dodd Frank Stress Test Results the New Bellwether of the Banking Industry?

stress testingWith stress tests now becoming a bellwether of overall financial health, banks realize that any weaknesses in their stress testing processes and the resultant output will be open to scrutiny to the wider public.  The potential damage of this transparency is real, to both the bank itself and its shareholders. With that in mind, most banks have embarked on strengthening their stress testing capabilities and embedding the processes across the business, to ultimately assist the Boardroom to make better decisions and be better prepared for the next crisis that comes along.  Join Ziauddin Ishaq, Global Solutions Lead for Liquidity Risk at Oracle, as he discusses possible ways to lessen the stress of stress tests.
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Wednesday Apr 30, 2014

A Man Walks Into A Bank… A Lesson In Liquidity Risk Management For All Of Us

Given the severity of the recent liquidity crisis, the US has placed greater emphasis on how banks manage their liquidity risk.  To avoid a liquidity meltdown, a bank, must look at its liquidity profile in a far more dynamic and questionable way, which will require even more data collection and analysis.  Join Ziauddin Ishaq, Global Solutions Lead for Liquidity Risk at Oracle, as he discusses why a change in the approach to risk management is necessary and how banks can stay ahead of the liquidity risk curve.
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Thursday Apr 24, 2014

Why and How Should Banks and Wealth Managers Target Mass Affluent Customers

With the plateauing of the HNI and UHNI segments, wealth managers and private banks today need to look beyond the traditional segments to tap the growing mass affluent clientele. In this post, Tushar Chitra, Senior Director for Product Marketing at Oracle Financial Services, talks about how banks have historically been targeting the mass affluent customer and what they can do to better address their needs.
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Wednesday Mar 12, 2014

Are You Empowering Your Customers? Using Customer Insight To Provide A Better Banking Customer Experience

Customer Insight is a constantly evolving discipline, with many different starting points, but one common goal – actionable, timely, trusted and relevant information to guide customer experience.  Join Stuart Houston, Global Solution Director for Financial Services Analytics at Oracle, as he discusses growing trends in Customer Insight.
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Where Are The Leaks? Plumbing Tips For A Banker

Recent studies have revealed that revenue leakages can range from 1% to 7% of gross revenue, depending on the level of maturity of the processes and controls environment. Join Clayt as he addresses some of the underlying issues that can lead to revenue leakage within financial services and how to resolve them.
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Monday Mar 10, 2014

The Mobile Payment Wars: Will HCE be a game-changer for NFC?

mobile paymentsThis post is the fourth in the series of posts on disruptive innovations in mobile banking. Join Tushar as he discusses how Host Card Emulation technology can have a positive impact on the adoption of NFC for mobile payments.
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Thursday Feb 20, 2014

How Can Customer Insight Improve the Customer Experience in Financial Services?

Delivering great customer insights into marketing, origination and servicing has always been a top priority for financial institutions. The move towards a guarded “risk-on” business strategy in most markets has emphasized the need for institutions to be better aware of the performance and risk aspects of their business, as they strive to deliver sustainable growth through all assisted and self-service channels.  Join Stuart as he expands on the topic.
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Wednesday Feb 19, 2014

Time to Re-Model? A Look at Enterprise Modeling Platforms and R Usage in Banking

The open source R statistical platform has grown to be an enormously popular statistical modeling platform for Enterprise Risk, Financial Fraud and other Financial Services use cases, and for good reasons.  However, the R platform is only an element of an overall enterprise analytics platform.  Join Sunil as he shares with us his thoughts on why banks should expect a fresh approach to solving their enterprise analytics challenges.
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Wednesday Feb 12, 2014

Top 3 Myths About FATCA: What You Need To Know

There are three goals that Foreign Financial Institutions should focus on to address FATCA requirements. Join Don Ryu, Senior Director, Product Management for Oracle Financial Services Analytical Applications, as he discusses the first goal: Avoid Penalties by acquiring “Compliant” Status. In this post, Don addresses why it is so important for Foreign Financial Institutions to prove their compliance to FATCA.
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Monday Feb 10, 2014

Financial Services Blog Quarterly Roundup

Over the past year The FS Blog authors have written on a wide variety of topics ranging from big data and analytics to customer experience and core transformation within banking. Join me as I introduce you to some of the trending topics in the New Year and insights on them from our business and product leaders.
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Thursday Feb 06, 2014

The Mobile Payment Wars: The Importance of BLE And NFC

mobile paymentsThis post is the third in the series of posts on disruptive innovations in mobile banking. Join Tushar as he discusses how the BLE and NFC technologies can collaborate to deliver an enhanced user experience.
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Wednesday Feb 05, 2014

Risk Data Aggregation & Risk Reporting: Will You Be Compliant With BCBS 239 Principles In Time?

As the financial services industry continues to grow, more money will be spent on risk data aggregation frameworks to support banks’ profitable business model. The Basel Committee wants to ensure banks are prepared if or when the next crisis hits. Join Ziauddin Ishaq, Global Solutions Lead for Liquidity Risk at Oracle, as he discusses the latest developments for BCBS 239 and how the financial services industry is preparing to take the necessary steps to compliance.
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Wednesday Jan 29, 2014

“Can’t Get There From Here” : 4 Key Ways Retail Banking Transformation Can Help

Today, many large banks are finding it difficult to restore their returns-on-equity to pre-Global Financial Crisis (GFC) level.

Join David as he walks us through some of the ways that transforming your retail banking operations and the underlying IT can help.

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Tackling The New Basel Committee Guidelines on AML/FT Risk Management

Last week, the Basel Committee on Banking Supervision issued a set of guidelines describing how banks should include the management of risks related to money laundering and financing of terrorism (AML/FT) within their overall risk management framework.

Join Matthew Long, Financial Crime, Operational Risk and Compliance Management Specialist for Oracle Financial Services, as he expands on these guidelines and outlines what organizations can to do manage AML/FT risks.

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Tuesday Jan 07, 2014

New Regulatory Measures Against Money Laundering: Are You Ready?

Financial Services Institutions are taking a fresh look at their anti money laundering systems with an eye toward expanding automation, improving performance, standardizing processes, and improving transparency.

Join Don Ryu, Senior Director – Product Management for Oracle Financial Services Analytical Applications, as he discusses why financial institutions should improve their AML systems and how their investments will protect them in the future.

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Thursday Dec 12, 2013

Charting Success for New Banks in India : Perspectives And Strategies

With the passage of "The Banking Laws Amendment Act 2012", experts believe the entry of new banks will serve as a catalyst for the Indian banking industry to rise to the next level in terms of operational efficiency, corporate governance and financial inclusion.

Join Venky as he shares with us the initial views that are developing on this front on the use of technology  as a big differentiator for these banks develop their business models.

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Wednesday Dec 11, 2013

Lonesome George - 3 Key Survival Lessons In Modern Banking

oracleWe have witnessed many examples across industries that mirror the sad demise of the Pinta Island Tortoise as a result of failure to combat pressures and adapt to change. Banking legacy systems are no exception.

Join Aubrey to learn how such cases of obsolescence are the ultimate impetus for transformation in retail banking. 

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Wednesday Nov 20, 2013

Managing Enterprise GRC and Big Data: Risk vs. Reward

As discussed in Matthew Long's previous blog post, effectively managing risk is a big challenge for financial institutions. Two of these factors are big data and risk vs. reward and, in this post, Lovell Mathews, Oracle Software Development Senior Manager, discusses the second approach and how it can benefit the governance, risk and compliance process.
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Wednesday Nov 13, 2013

What Banks Can Learn From An English Teacher’s Advice

oracle bank_verbAs banks evolve, they are increasingly beginning to acquire the qualities of verbs. 

Join Sonny Singh as he shares his perspective on why an English teacher’s advice on verbs is relevant to banks.

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Friday Nov 08, 2013

Big GRC: Turning Data into Actionable GRC Intelligence

Effectively managing risk is a big challenge for financial institutions, the manifold aspects of which can affect the best way to approach it.  Two of these factors are big data and risk/reward and, in this post, Matthew Long, Financial Crime Specialist, discusses the first approach and how it can benefit the governance, risk & compliance process.
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Tuesday Oct 22, 2013

Financial Inclusion : An Obligation Or An Opportunity For Banks?

bpo

As financial inclusion gains more and more attention globally, banks need to acknowledge their role and take concrete steps towards enabling inclusive finance.

Join Tushar as he discusses the role of banks in building a more inclusive society.

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