Wednesday Nov 05, 2014

Forecast, Model, Repeat… Welcome to the 5th Annual CCAR Cycle

In this post, David Bomser, Senior Director for Banking Analytics at Oracle, discusses new CCAR exercises.  For bank holding companies with more than $50 billion in assets, it’s time to get moving if you haven’t already.  The Federal Reserve just released its scenarios and shocks for the 2015 Comprehensive Capital Analysis & Review (CCAR) exercise, and these banks’ capital plans are due on or before January 5, 2015.  Read more here.

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Friday Oct 31, 2014

What a Bank Branch will be like in 2025!

mobile payments

Over a series of posts, we have discussed in detail how innovations in technology have the potential of disrupting the banking industry and how mobile and internet have become the preferred banking channels, leading to a question mark on the relevance of bank branches. Join Tushar as he conjures a fictitious scenario of what bank branches may be like a decade from now and how they could not only remain relevant, but also deliver an enhanced user experience. 

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Wednesday Oct 29, 2014

Winning the Battle Against Financial Crime in the Era of Real-Time Payments

In his post, Stuart Houston, Global Solution Manager for the Financial Services Global Business Unit at Oracle, discusses the dangers behind real-time payments and fraud.  Today, banks are generally quick to detect fraudulent activity; however, fraud is still one of the fastest growing crimes in Australia. Learn more about what was discussed at executive luncheons in Sydney and Melbourne on the topic of real-time fraud detection and management.
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Stock Exchanges and Revenue Management – How to stay ahead of the competition?

The traditional stock exchange business model of buying and selling stocks, bonds and other securities is under threat from multiple angles. Join Rahul as discusses the importance of Revenue Management for Stock Exchanges.
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Wednesday Oct 15, 2014

Five Key Questions for Your BCBS 239 Data Governance Strategy

Join Bhargava, VP of Product Management for Oracle Financial Services Analytical Applications, as he reviews the five key questions that every bank should ask themselves when evaluating their organization's data governance policy.  Isn't compliance on its own enough of a challenge?  When it comes to BCBS 239, compliance by the January 2016 deadline presents a whole new hurdle for some banks and financial institutions to overcome.  However, there are several approaches banks can take to alleviate the complexity of the situation.  Read more from Bhargava S.

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Tuesday Oct 07, 2014

Are Enterprise Metadata Servers making a Comeback?

Sunil Mathew, Senior Director for Oracle Financial Services Analytical Applications, discusses the increasing trend in integration with IT led metadata initiatives at banks. Read more about enterprise metadata management and how it is gaining more prominence these days. Is it the changing technology landscape coupled with new business imperatives that are driving this trend? 
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Tuesday Sep 30, 2014

Credit Management in the Time of Quantitative Easing

Easy money is drying up, with central banks the world over tightening their monetary policies. A general strengthening of lending norms and greater central bank scrutiny of loans portfolios are also on the anvil. To succeed, then, banks need to particularly focus on their credit management strategies. "But do they have the tools?", asks Karthick Prasad, Vice President for banking products.
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Monday Sep 29, 2014

In Transaction Banking – Is Customer Centricity Through Billing the New Black?

In the last few years, customer-centricity has been one of the most talked-about trends in transaction banking. While banks have always been focused on their corporate customers, a recognition that this group is not to be taken for granted has taken hold. One reason – global transaction banking continues to be a major growth area for banks – surpassing investment and commercial banking in the post-crisis era.Join Akshaya as he discusses the increased importance of customer centricity through billing.
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Wednesday Sep 24, 2014

Landmark US Terrorist Financing Ruling & Latest EU Risk & Vulnerability Report Raises Serious Concerns

Matthew Long, Financial Crime and Compliance Management Global Solution Lead for Oracle Financial Services Analytical Applications, reports on this week's release of the US civil liability case results against Arab Bank for terrorist financing, which was closely followed by the latest EU report on risk and vulnerability in EU financial systems. Both give invaluable insight not only into the risks facing global financial institutions, but also what’s expected from a corporate/business conduct perspective.[Read More]

Monday Sep 22, 2014

High Speed Transaction Processing is the New Normal

In the last few years we have seen an explosion in card transaction volumes. As volumes increase the requirements for astronomical processing speed to price & settle these transactions and streamline payment processing is also increasing. Join Akshaya Kapoor as he discusses how Oracle Revenue Management and Billing (ORMB) product proves, that it can scale vertically and horizontally to meet the payment industry requirements.
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Thursday Sep 18, 2014

Critical Innovation: The Push for Next Gen Revenue Management and Billing

We are living in a new age of innovation and there are examples of this everywhere: drones, 3-D printing and headline grabbing technologies like Oculus Rift and the Internet of Things. Yet, even though you can now receive a pizza delivery by drone, professionals at banks including those in the treasury services divisions are coping with 20-year old billing systems that effectively drain resources away from the businesses. Join Darren as he discusses how critical innovations have increased the need for next generation Revenue Management and Billing.
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Thursday Sep 04, 2014

Better Revenue Management and Billing:Hedging against “Too Big to Fail”

As global banking leaders prepare for Sibos in Boston, regulation and compliance is top of mind. Avoiding “Too big to fail” is a key goal not just of regulators, but of the banks themselves. Restoring customer trust, and offering services that help their customers grow their businesses, is the goal of transaction banking. Join Darren as he discusses how better revenue management and billing process can act as a hedge.
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Tuesday Sep 02, 2014

Know, Empower And Wow Customers: Making Customer Insight Analytics Actionable

In this post, David Bomser, Senior Director for Oracle Financial Services Global Business Unit, describes his take on Customer Insight.  Since today’s banking customers are spoiled by other industries, especially non-bank financial services provides such as PayPal and Amazon, they now demand that their banks know them, empower them, and wow them.  Good customer insight analytics can aid banks in making sound decisions on treating customers and improve a customer’s lifetime value.  Read more.
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Tuesday Aug 19, 2014

Thinking Local, Regional and Global : Challenges and Opportunities for Banking In The ASEAN Region

A strong transaction banking platform enables banks to take advantage of new opportunities in the ASEAN Economic Community.

Join Anand as he offers his views on the challenges and opportunities for this region.

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Thursday Aug 14, 2014

The Next Generation of Analytics: Are Financial Institutions Prepared?

In this post, Ambreesh Khanna, VP of Product Management for Oracle Financial Services Analytical Applications, tackles Analytics 3.0.  Today’s consumers have high expectations − and for good reason.  They have become accustomed to, and are increasingly likely to demand, anytime/anywhere connectivity and access to the products, services, and information they desire and need.  As these expectations carry over to their banking relationships, banks are focused on keeping pace with rapidly changing requirements.  Analytics is on the front-lines of this quest.  Just like customer expectations are evolving, so too are analytics solutions.  Are banks prepared to adopt and benefit from next-generation solutions?
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Tuesday Jul 29, 2014

Proactive Response to Revenue Leakage

Whether operating in normal or disaster conditions, having a single view of the truth enables banks to make better decisions based on the total customer relationship.Join Darren as he discusses how to proactively deal with the revenue leakage.

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Monday Jul 14, 2014

Is the Current Approach to Banking App Development Quick Enough?

mobile paymentsWith the increasing adoption of mobile as the preferred channel for banking, we are witnessing the mushrooming of a slew of mobile banking apps. However, the pace of mobile app development is still lagging behind the pace at which mobile banking is gaining acceptance. Join Tushar as he discusses the typical bottlenecks in mobile app development and how banks need to quickly catch up or risk being left behind.
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Wednesday Jul 09, 2014

Anti Money Laundering System Assurance: Don’t Leave Your AML Program to Chance

Matthew Long, Financial Crime and Compliance global Solution Lead for Oracle Financial Services Analytical Applications, discusses financial crime systems, AML in particular, and how they are increasingly turning to one of assurance. What checks and controls are in place to ensure that the systems are effective, relevant to today’s AML challenges and are performing as they were intended? [Read More]

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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