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Business Process Management
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In this third article in the series on core transformation, we address why a bank needs to think beyond the core platform itself to achieve true transformation, modernization and efficiency.Be the first to comment
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The U.K.'s largest bank has identified 200 initiatives that need to be completed in order to simplify the entire banking organization.
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Banks integrating interactive voice response, call-back manager and computer telephony integration technologies into their call centers can reap big benefits in customer experience.
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As regulators demand more detailed stress testing from banks, modernizing loan valuation systems and breaking down organizational silos can aid in compliance and risk management.
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This article - the first in a two part series - looks at the successes some banks have had with e-signature adoption and examines some of the remaining barriers regarding regulation and organizational silos that still exist in adopting e-signatures in the financial services sector.
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At the recent SAS Financial Services Executive Summit, bankers gained insights into how to address the challenge of aligning technology and business in the age of big data analytics.
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Giving customers a truly convenient onboarding process means moving towards automated processes, electronic documents and enabling the customer to sign up with their mobile device.
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In the second of a series of articles on FATCA compliance we explain why banks need to look for a centralized technology solution that circumvents data silos to get a full view of their customers who can be affected by FATCA.
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The offerings is designed to help businesses that are initiating ACH payments to assess their compliance with NACHA network rules.
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The technology vendors are targeting financial services firms looks to reduce paper mail and printing costs.
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The bank technology vendor is offering a new service that provides consultant reviews and strategy recommendations for smaller banks looking to better their commercial lending business, while also announcing its first new client on the DNA platform since its acquisition of Open Solutions.
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Although legacy systems replacement is a major undertaking for any bank, the global banking industry could regain a significant proportion of the profitability lost during the financial crisis by adopting modern core systems.
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The course to a successful core systems modernization effort does not always run smooth. But this may have more to do with culture and communications than with technology.
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RBC has used e-signatures to cut down on administrative tasks for its mobile retirement planners, saving time and costs in investment transactions.
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Leveraging technology to transform account statements into dynamic customer-centric relationship builders can improve customer experience.
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New Oracle Financial Services Foreign Account Tax Compliance Act Management targets pending FATCA requirements; expanded Oracle Financial Services Enterprise Risk Management suite addresses challenges around stress testing and model risk management.
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Bank of New Hampshire has seen considerable time and cost savings from using digital books for its board meetings provided by Diligent Boardbooks.
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Banks must address the "V3challenge" -- questions around variety, velocity and vagueness -- in order to achieve better bank counterparty due diligence, as part of Know Your Customer compliance.
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The two companies have partnered to help automate payments exceptions during payments processing for property managers.
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Cloud, digital payments and mobility will loom even larger in 2013, our panel of industry experts say.
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Accenture's Alnova new core banking infrastructure is now running BBVA Compass' checking and savings deposit platform across the bank’s 716 branches
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Regulators are taking a deeper look at anti-money laundering and anti-bribery corruption compliance, and banks had better be prepared.
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J.P. Morgan Treasury Services draws on consumerization trend in relaunch of ACCESS portal; new platform for corporate clients was developed using collaborative agile methodologies.
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Adopting a comprehensive approach to financial crime prevention, with greater reliance on analytics tools and collaboration among banks, regulators and law enforcement entities, was the theme of ACAMS' recent AML & Financial Crime conference.
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Information Lifecycle Governance: Aligning Information Stakeholders to Improve Information EconomicsTo address numerous problems stemming from paper-based governance processes, BNY Mellon has embraced a cross-functional Information Lifecycle Governance program. Here’s how the initiative is transforming the institution’s legal, records and IT practices to improve information economics while reducing risk.
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