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Challenges

Overview

The Banking and Financial worlds are turbulent with mergers and business changes taking place constantly. The only option available is to continue to innovate and increase the level of service, yet continue to drive processing costs down. In this section, we will regularly update and inform you with the new developments which you will find useful and relevant.

 
Getting to T+1 Already many of the business, operations and technology departments have started to strategise/implement large scale changes which is geared towards the whole scale automation of the trade processing cycle.... Straight Through Processing (STP)
Whilst the volumes have risen, the squeeze on the margins has been severe.  This has resulted in the processing costs becoming extremely sensitive and needing urgent attention.  Within the Securities industry alone, the cost of failed trade settlements runs over $12 billion ....
 Exceptions Management
With the increased need for integration and control of the business processes, the whole Operations focus is to examine the Exceptions. However, this can only occur with a radical drive towards creating and demanding tools and processes that will intelligently follow and be guided by business driven logic and rules.... 
Pin-point the problem with MIS
Managers and supervisors continue to drive efficiencies within the business processes. However, the tools to measure and monitor the actual benefits are still lacking. At best these tools will only offer partial information but not cover the entire trade processing cycle where the real problems exist...

 

Information Analysis Tools
The need for a business approach and supporting tools geared to the analysis and interrogation of the underlying data is now available with low cost and high functionality technology, collectively termed On Line Analytical Processing (OLAP)......

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Banking Technology
Operations • Challenges • Getting to T+1 • Straight Through Processing • Exception Management • MIS • Information Analysis Tools • Our Approach

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