Retail Banking Systems Insights

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Taking on the modern day financial criminal: How banks are fighting back

21st September 2011

Company: Fiserv
by Erik Stein, vice-president, Financial Crime Risk Management Solutions, FiservFinancial crime is at an all time high and regulators are increasing the pressure on financial institutions to take more preventive measures. To mitigate loss, improve customer service and soothe regulators, financial institutions need to re-think their strategy for... read more
Sibos 2011 - ‘May the IT forces be with you’

Sibos 2011 - ‘May the IT forces be with you’

20th September 2011

Company: bobsguide
The time for preparation is over. With the doors to the Toronto’s Metro Convention Centre now officially open, the dialogue surrounding the key themes of regulation re-visited, technology, global and local perspectives and changing landscape - new expectations has well and truly begun for the 7,000 plus registered participants. New technology and... read more
Basel III: a burden or an opportunity?

Basel III: a burden or an opportunity?

20th September 2011

Bart Vandekerckhove, business analyst, Product Strategy, FinArch IntroductionCurrently, influential leaders of financial institutions, technology vendors, market infrastructures and multinational corporations are meeting at the 25th edition of the Sibos Conference held at Toronto. Basel III will most likely be the talk of the day. With the rules... read more
Achieving the perfect harmony between customer experience and revenue generation

Achieving the perfect harmony between customer experience and revenue generation

16th September 2011

Across the globe, banks are devising innovative strategies to attain their expected revenue growth. At the same time, the financial services world is focusing on a single-point agenda with regard to boosting their customer acquisition and retention strategies - providing a 'holistic customer experience'. The kind of continued commitment a customer... read more
Liquidity risk management needs a collaborative approach, says SWIFT representative

Liquidity risk management needs a collaborative approach, says SWIFT representative

16th September 2011

Company: bobsguide
Effective liquidity risk management requires a collaborative approach between banks and financial institutions, a SWIFT representative has said. Catherine Banneux, senior market manager, banking markets at SWIFT made the comments following the recent publication of the Managing liquidity risk white paper. The research identified a number of... read more
Evolving view of counterparty risk

Evolving view of counterparty risk

15th September 2011

By Alberto Corvo, managing principal, Financial Services, eClerxAlthough the issue of risk management has been around for a long time in the financial services industry, current volatile market conditions, coupled with the lingering effects of the 2008 financial crisis, have brought risk management into sharper focus. Risk managers know they need... read more
Customer retention through innovation

Customer retention through innovation

14th September 2011

Company: ACI Worldwide
Wholesale payments businesses are expected to be innovators in what has become a commodity market. Craig Ramsey, Wholesale Solutions Lead at ACI Worldwide, offers a three-stage outline on how innovation can be leveraged for competitive differentiation and increased market share.Retail banking is facing a seismic shift in consumer expectations... read more
Dodd-Frank: The benefits of a staged approach to regulation

Dodd-Frank: The benefits of a staged approach to regulation

14th September 2011

Company: Openlink
By Mark Abrams, sales manager, OpenLinkThe Dodd‐Frank Wall Street Reform and Consumer Protection Act intends to introduce significant changes to the US over‐the‐counter (OTC) derivatives market, with the goals of improving transparency, reducing systemic default risk and promoting greater stability. The costs and lack of clarity associated... read more
Banks lean on their transactions business

Banks lean on their transactions business

14th September 2011

Company: Finastra
By Olivier Berthier, solutions director, Transaction Banking, Misys The term transaction banking, although increasingly common, is not yet fully defined within the industry. Different banks have their own interpretations, with a number of business lines potentially coming under the umbrella. Despite this ambiguity, there are two key pillars on... read more
SWIFT - making it easier to drive e-invoicing adoption

SWIFT - making it easier to drive e-invoicing adoption

13th September 2011

By Marcus Hughes, director of business development, Bottomline TechnologiesCorporate adoption of SWIFT has been a growing trend for many years. As we head into Sibos in Toronto, the focus on SWIFT for corporates has been sharpened due to SWIFT’s new electronic invoicing (e-invoicing) initiative. Whilst there is general agreement on the payments... read more