Category Archives: Business Intelligence

Instituting a Funds Transfer Pricing (FTP)-driven Decision Enablement Framework in Banks

Worldwide, banks operate in a highly complex and competitive landscape. The boundaries of competition have gradually extended from peer banks to insurance companies, investment companies, mortgage companies and across multiple geographies.  With growing penetration of the internet and social media, … Continue reading

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‘Verticalizing’ Intelligence for Banking & Financial Services

The banking sector has undergone unprecedented changes in the last few years. Regulators have been busy issuing mandates and directives, while banks have been busy finding efficient ways to address newer regulations, and also making them scalable in the long … Continue reading

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Instituting Credit Rating System Validation Framework: Challenges and Opportunities before Indian Banks

Maker-checker – one of the central principles of authorization in the Information Systems of financial organizations, states that key activities should be undertaken by more than just one person to reduce the risk of misjudgement and misuse. Maker-checker plays a … Continue reading

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Establishing Data Governance in Banks: Taking the first step towards better Enterprise Information Management

Can you imagine our streets without traffic lights, pedestrian crossings and driving guidelines? By the same analogy, why must enterprise data, that is used to make critical business decisions, be without guidelines and acceptable practices? Banks are under increasing pressure to … Continue reading

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Banking Innovation: A Case for CaaS (Compliance as a Service)

It’s an established fact that the changes in banking industry are driven by fluctuating customer needs. Moreover, the regulatory environment globally is not only undergoing immense changes, but is also unclear on several aspects, owing to varied perspectives of different … Continue reading

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Now Playing: Banking on Gamification

Every once in a while, technology provides the banking sector with new buzzwords, and one of the latest ones is quite a catchy one – ‘Gamification’. Wikipedia defines Gamification as the use of game thinking and game mechanics in non-game … Continue reading

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Payment Evolution and Impact on Bank

Payments systems have come a long way from barter where goods would be exchanged for goods without the quantifiable “money”. The era of money in terms of coins and later promissory notes has lasted for centuries. Cash in terms of … Continue reading

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Entrepreneur India: Towards new horizons. From IT service to product

The IT industry in India stands at the foremost position as the outsourcing location in the global marketplace. However, this same sector seems to showcase tremendous possibilities in the field of building innovative products in order to further contribute to … Continue reading

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Leveraging New Opportunities in Emerging Markets

Smaller organisations, including start-ups and software product development firms are expected to emerge as the growth drivers for the Indian IT-BPM industry going forward. Over the last decade, there has been a surge in the size of the emerging community, owing … Continue reading

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The NPA pain for banks – How can automation help ease it?

The Indian banking sector is groaning under the weight of ever increasing provisioning levels that are eating away profit margins. This is even as the damp macroeconomic conditions push more companies and retail consumers into the NPA category as they … Continue reading

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