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Customer-centric digitalization of wealth management

2018-09-12T15:48:43+00:00

Customer-centric digitalization of wealth management: The impetus for the digitalization of wealth management is rooted in the rising expectations of the customers and the onset of the Fintech revolution.  Of course, other macro trends such as a rise in global wealth, the burdensome regulatory frameworks, the massive shift toward passive [...]

Asset Management Portfolio Accounting Systems

2018-09-10T15:30:10+00:00

Maintaining a good record of all transactions at a portfolio/fund level as well as at an individual level is a core function, and hence implementing one of the robust asset management portfolio accounting systems is a paramount consideration. Within asset management firms, portfolio accounting and reconciliation, a back-office function with [...]

Digital Transformation Disablers

2018-09-07T08:38:33+00:00

Digital Transformation Disablers: How BFSI sector struggles with digitalization. Digital transformation is all the rage today. Enterprises the world over are embarking on digital initiatives – big and small, and transformative and tactical – to varying degrees of success. When one looks deeply at the digital disasters – the jaw-dropping [...]

How can banks compete against Fintechs?

2018-09-05T12:48:12+00:00

How can banks compete against Fintechs outlines the core strategies bankers can follow to survive and thrive in this digital economy. Banks are under tremendous assault from an array of Fintechs which are unbundling every aspect of banking. Apparently, in recent years some of the behemoth banks have awoken from [...]

Banking Transformation Challenges

2018-08-30T16:26:00+00:00

Banking Transformation Challenges - The top pitfalls in the digital transformation of a bank Holistic banking transformation is a strategic game plan to digitally transform a bank and reinvent the core areas of banking. As most top bankers realize, the digital transformation of banking is not a cake walk or [...]

Digital Transformation of a Retail Bank: A Case Study

2018-08-30T14:20:33+00:00

Digital Transformation of a Retail Bank – A Case Study The ongoing revolution the Fintechs are waging in unbundling the banking services and the encroachment of tech giants into the banking world is making the digital transformation of a retail bank a strategic imperative. Most bank customers are willing to [...]

Digital Transformation of Commercial and Corporate Banking

2018-08-23T20:51:29+00:00

        It seems much of the Fintech action in recent years has been in retail banking and for the casual observer, the digital transformation of commercial and corporate banking still appears to be stuck in the analog world. However, if one looks closely at the strategy and [...]

Wealth Management Digital Transformation

2018-08-16T05:53:04+00:00

The wealth management digital transformation was not a big bang as one thought it might be or should be. While their banking brethren have undertaken a significant and radical re-architecture, the wealth management and private banking firms have largely been spectators except for a few firms dabbling in the Fintech [...]

Insurance Industry BPO: Opportunities and Challenges

2018-07-08T08:23:56+00:00

Insurance Industry BPO (Business Process Outsourcing) is on the cusp of epochal change. The insurance industry has been and will continue to be in the midst of a technological upheaval that challenges the old ways of doing business. The market demographics of insurance customers are changing substantially, because baby boomers, [...]

Insurance Industry Commoditization

2018-07-08T08:23:56+00:00

Nothing seems to scare insurance executives more than insurance industry commoditization. They fear that their companies will be relegated to the status of discounters; peddling bare-bones products at the lowest price with little or no service provided. These concerns are reinforced by the auto insurance market; where the Berkshire Hathaway [...]