Wednesday Aug 07, 2013

The Mobile Payment Wars: Why Now is the Right Time to Adopt NFC

mobile paymentsThis post is the second in the series of posts on disruptive innovations in mobile banking. Join Tushar as he discusses the likely impact of the impending EMV liability shift deadlines in multiple regions on the adoption of NFC technology for mobile payments.
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Tuesday Jul 30, 2013

Don’t Choose Your Enterprise Case Management System Without Reading This!

In today's age of combating financial crimes and keeping up with regulatory compliance, there are very few financial institutions whose compliance and fraud management departments have not toyed with the idea of an enterprise case management strategy. However, and unfortunately, very few institutions have tasted success in their strategy.

Join Gaurav Harode, Sales Consulting Director for Oracle Financial Services Analytical Applications, as he takes us through the steps for implementing a successful case management strategy.

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Wednesday Jul 17, 2013

The New World of Risk Management and Data Excellence: Avoid These Data Modeling Mistakes Upfront

In his previous blog, John Foulley, Director for Financial Services Analytical Applications at Oracle, addressed the technology components you should consider to roll out initiatives that overlap both Risk and Finance.

Join him now as explains why the physical model is just as important to a business’ success as the logical data model.

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Friday Jul 12, 2013

Operational Risk: Going Beyond Capital Calculations and Adding Business Value

OpRisk Europe 2013With the ever increasing and complex Operational Risk challenges and requirements facing regulated companies, it was perhaps no coincidence that the recent OpRisk Europe Conference  saw increasing and possibly record numbers of attendees as firms look for the best way to navigate these challenges.

Join Matthew Long, Financial Crime and Compliance Specialist at Oracle Financial Services, as he discusses the OpRisk Europe Conference.
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Wednesday Jul 03, 2013

The Virtues and Challenges of Implementing Basel III: What Every CFO and CRO Needs To Know

For this blog post Dr. Varun Agarwal of Capgemini Financial Services joins us to walk through the key features of the Basel III regulatory framework and examine the impact that it will have on financial services institutions.  He also explores the challenges and benefits of implementing complex financial regulations and makes the case for embracing them in light of the long term profitability and sustainability that they can bring to banks.

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Wednesday Jun 26, 2013

Smarter, Faster, Cheaper: The Insurance Industry’s Dream

IASA ConferenceThe Insurance Accounting & Systems Association (IASA) Conference was held on June 3-6 in Washington D.C.  The Gaylord Resort became the hub of C level executives and managers of insurance carriers.  As an exhibitor, Oracle welcomed the opportunity to display and demonstrate our solutions.
Join Andrew Collins, Director, Solvency II of Oracle Financial Services, as he discusses the IASA Conference and his experiences.

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Wednesday Jun 12, 2013

The New World of Risk Management and Data Excellence: 4 Components to Successfully Roll Out Risk & Finance Initiatives

Risk and FinanceIn his previous blog, John addressed the requirements of the new directive of risk data aggregation and risk reporting from the Basel Committee.

Join him now as he describes the technology components you should consider to roll out initiatives which overlap both Risk and Finance.

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Wednesday Jun 05, 2013

Use Cases For Unlocking Big Data’s Potential In Financial Services: 3 Steps to Success

bigdata financial services The FS sector is one of the most data-driven industries, and analysts estimate that somewhere between 80 and 90% of the data that exists within a bank’s datacentre is not analysed – data from call logs, weblogs, emails and documents.
Join Ambreesh as he discusses big data and what financial services institutions are doing to capture and analyze this data.

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Thursday May 30, 2013

New Basel III Directives Make Sure You Are Not Kicking the Can Down The Road

basel IIIRisk Managers and Risk Architects were enjoying a slow beginning of the year when the Basel Committee decided to release a new directive of risk data aggregation and risk reporting. Join John in this first of a four part series on the new age of risk management and data excellence as he walks us through the new directive, which sets the scene for additional requirements, and also creates the opportunity to address the shortcomings that exist in the areas of risk data.

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Wednesday May 22, 2013

Bank Payment Obligation: The New Global Standard for International Trade from SWIFT & ICC

bpoThe Uniform Rules for Bank Payment Obligation (URBPO) announced jointly by the Banking Commission of the International Chamber of Commerce) (ICC) and the Society for Worldwide Interbank Financial Telecommunication (SWIFT) come into effect from 1st July 2013. Join Tushar as he explains the concept of Bank Payment Obligation (BPO) and its implications on international trade.
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Wednesday May 15, 2013

Are You Playing Games with Your Customers? Part 2 of the Series on Gamification in Banking

gamificationIn the continuing theme of understanding gamification in banking services, we explore the various adoption approaches by banks and take a closer look at how gamification could spur innovation in its internal processes. Join Tushar as he articulates the two-pronged gamification strategy, which banks could seek to implement.

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Wednesday May 08, 2013

CCAR Stress Testing: The Devil Lies in The Data?

stress testingThe April 2013 BIS  “Report to G20 Finance Ministers and Central Bank Governors on monitoring implementation of Basel III regulatory reform” clearly identifies the lack of consistency that exists between financial organizations in the treatment and development of their models. Join John as he shares his views on what more can be done to bring the two realities together.

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Wednesday Apr 17, 2013

Small Banks Lead the Innovation Agenda: Are They Making the Elephants Dance?

innovation As business dynamics change in the banking industry, small banks are outpacing their larger counterparts when it comes to innovation, agility, customer service and creating new business models. Join Tushar as he reflects his views on this interesting scenario.

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Wednesday Apr 03, 2013

The Mobile Payment Wars: Is Your Bank Putting Its Best Foot Forward?

mobile paymentsCurrent trends in the mobile banking sector are set to alter the global banking landscape. Banks need to sit up and take notice. Join Tushar in this conversation as he shares his views on how banks can address this challenge.

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Wednesday Mar 27, 2013

Overcoming GRC Silos Through Analytics and Reporting

grc silosIn the previous post "When best of breed financial crime and compliance “point solutions” aren’t enough), Matthew talked about how many companies are increasingly looking to consolidate their various operational risk, compliance, audit and business continuity solutions. Join him now as he shows how to reap some early gains on this front through consolidated analytics and reporting.

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Wednesday Mar 20, 2013

Are You Playing Games With Your Customers? Part I of a Series on Gamification In Banking.

gamificationAs user trust and engagement dwindles in the age of mobility and social networking, are you struggling to come up with differentiated user engagement / retention strategies?  Join Tushar as he reflects on whether the upcoming trend of gamification offers banks a chance to get back into the game.

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Tuesday Mar 19, 2013

When Best of Breed Financial Crime and Compliance “Point Solutions” Aren’t Enough

compliance grc fccmWhat can financial institutions do to avoid becoming another regulatory statistic and help strengthen their internal control framework and defences against nefarious criminals, incompetent employees or simply bad luck? Join Matthew as he arms you with his checklist to safeguard your institution’s reputation from these risks by adopting a unified approach.

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Monday Mar 18, 2013

Deposits – Safer in the Bank or Under Your Mattress ?

deposits cyprusJust when you thought ‘bail-out’ was no longer in fashion, then presto another troubled euro-zone economy comes begging for a rescue.  Only this time, agreement of the bail-out for Cyprus was on the proviso that the raid on depositor accounts would be orchestrated immediately. Join Zia as he sheds light on the recent events in Cyprus.

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Thursday Feb 21, 2013

FATCA Compliance - Boon Or Bane for Foreign Financial Institutions ?

fatcaIn order to comply with the requirements of FATCA, a new FFI needs to introduce new client and account on-boarding procedures, withholding calculations as well as new regulatory and client reporting. Join Don in a discussion on what impact will FATCA have on your operations and how you should meet this challenge.

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Thursday Jan 31, 2013

The Future is Sooner and Stranger Than You Think

big dataHow are financial institutions dealing with the growth of big data within their businesses ? Join Ambreesh as he talks about his experiences with clients on this front and how he is working with them to merge traditional data with the new data to be able to solve problems like Fraud, Customer Analytics, Relationship Pricing, Real-time offers and Enhanced Risk Management.
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Wednesday Jan 30, 2013

Personal Financial Management – The Need for Resuscitation

pfmPFM should be a part of any banking engagement rather than an analysis tool. It should be contextual so that customers can make insight based decisions. So what can be done to resuscitate PFM? Join Salil as he takes a look at what steps banks can take to engage more effectively with their customers on this front.
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Utilising the Delay in Solvency II to your advantage

solvency IIThere is little doubt that the full implementation date for Solvency II will be put back to 2016. How can insurers manage capital and risk data and use it for both regulatory reporting and business benefits ? What is the starting point for embarking on this journey? What approach can insurers take given their current state of IT systems and processes? Join me as  I lay out some of the underlying challenges and means to address them.

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Tuesday Jan 29, 2013

Are we there yet ? Part II of a Series on Liquidity Risk

liquidity risk Basel IIIThank you for coming back to hear my round up of arguments on the regulations and standards posed on banks since the financial crisis. In Part 1 we reviewed BCBS 188, the Basel III regulation on Liquidity Risk. I have further expanded on my arguments here, as to what implications this will have on financial institutions in the future.

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Monday Jan 28, 2013

Are we there yet ? Part I of a Series on Liquidity Risk

liquidity risk Basel IIIA multi-part series on liquidity risk and the changes that financial institutions need to prepare for implementing Basel III.
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