I recently published a paper on Core Banking in the Asian banker - October 2012 edition. Giving an excerpt of the paper with the download link.
Core Banking
Transformation: 5 Strategies to find the capital within
The current
environment of uncertainty, consolidation and cautious economic outlook will
drive compression in ROE coupled with an increasing investment slate dominated
by regulations and growing non-bank financial intermediation. Banks will have
to balance these pressures with the need to modernize their core banking
platforms to drive the required business & operating model change.
We discuss 5
strategies and tenets to transform the core without additional need for fresh
capital using the banks’ current investment slate and opportunities presented
by the new normal.
The new normal is characterized by a heightened focus on
regulations, increase in cost of funding, reliance on government bailouts &
decreased productivity. These challenges
present new capabilities and opportunities necessary for success, which can be
used to deliver a core systems refresh without the need for additional capital
overflow.
o
Investment in operational
resilience programs to balance flow business considerations
o
Changing market dynamics
emanating from increasing proliferation on non-cash instruments, managing
liquidity churn and expanding market for non-transaction products
o
Engaging customers beyond the
banking ecosystem through focus on lifecycle services
o
Intelligent Exposure based
transaction pricing
o
Investment in proactive risk
analytics for efficient deployment of working capital.
Using the above
opportunities and more, the Core can be systematically transformed without
additional capital through focus on tenets and strategies.
To Read the
whitepaper go to www.theasianbanker.com,
click on HCL Banner Ad and download or www.hcltech.com/core-banking
