Banking 2013

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Turbo charge your Banking Business SMART Banking . SMARTER Customers . SMARTEST Processes

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Banking 2013

Transcript of Banking 2013

  • Turbo charge your Banking BusinessSMART Banking . SMARTER Customers . SMARTEST Processes

  • SMART Banking . SMARTER Customers . SMARTEST Processes

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    Smarter Bank is differentiated on the outside, which makes it agile in the market place.

    Profitability & Growth

    Smarter Bank is simplified on the inside, which means it has a simpler operating model.

    Governance, Risk and Compliance Framework

    Smarter bank uses ease of execution to deliver excellence and efficiency.

    Customer Centricity & Communication

  • 3Who moved my cheese andHow to get it back

  • Top Concerns For Banks

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    Improve process quality leading to efficient

    operations and Predictable Outcomes

    Improve Customer Experience leading to better retention and

    market share

    Engender Continuous Process Improvement leading to productivity

    enhancement

    Improve Business Agility resulting in

    responsiveness and change management

    Optimization leading to greater competitiveness

  • 5Real issues are somewhere else

  • 6The Back Office Black Hole

  • 7Blind Spots and Accountability Gaps

  • 8The Iceberg Phenomenon

  • 9Visibility. Accountability. Adaptability

  • Business Insights/KPIs Operational Reports

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    SHB

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    Birds of a feather, flock together

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    Automation Simplifies Processes to Amplify their Outcomes

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    Banks cant afford to miss the opportunity to Automate NOW

  • Industry Frameworks and Solution Accelerators

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    Banking Framework Key Processes Automated

    Retail

    A/c Opening & Maintenance

    Term Deposit Services

    Customer Services

    Customer Request Mgmt

    Locker/Custodial Services

    Payment & Settlement

    Fund Transfer & Remittance

    Forex Operations

    PDC Operations

    Interest/Dividend Warrants

    Inward & Outward Clearing

    Lending & Mortgage

    Loan Originating

    Loan Underwriting

    Loan Servicing

    Early Warning System

    Collection & Disputes

    OrganisationalCorporate/ Commercial Credit Card & Third Party

    LC Issuance & Amendment

    Bills of Exchange

    Shipment Credit

    Bank Guarantee

    Commercial Loans

    Corp Term Loans/Limits

    Audit/OR Management

    Contracts Management

    Corporate Finance

    Asset Management

    HR Processes

    Wealth Management & Depository

    Security Trading

    Credit Card Issuance

    Credit Card Servicing

    Bancassuance

  • Is Your Bank Up To Speed?

  • 20230% ROI in 1 Year

    Drive Revenue Growth

    Improve Customer Experience

    Enhance Operational Efficiency

    CSAT scores improved by 7 Points

    Turn around Time reduced by 70%

    Always one step aheadThats where we keep our clients

  • But Banks Still Struggle To Automate Untamed Business Processes

  • Financial Service Frameworks

    Revenue Growth Customer ExperienceOperational Risk and

    Efficiency

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    Customer Onboarding

    Know your Customer

    Up Selling/Cross Selling

    Unified Process Automation Framework (UPAF)

    Paym

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    Branch Centralization

    and Automation

    Mobile Capture

    Compliance - FATCA

    Corporate Credit

    Request Management and

    Query Management

    Customer Communication

    Management

    Imaging Document Management SystemBusiness Process

    ManagementCustomer Communication

    Management

    "The BPM solution, OmniFlow Suite, from Newgen has enabled us to centralize a large number of our processes, resulting in leaner and efficient branches.

    Branches have been able to focus on sales while the processing activities are moved to centralized back office in Mumbai. The Turn Around Time (TAT) has been

    significantly reduced, leading to better customer experience., Deutsche Bank

  • Why Newgen

    Newgen is a BANKING BPM company which combines advantages and discards disadvantages of a financial technology player (Domain + templates rigidity) and generic technology player (Agile framework long build time high cost of ownership)

    QUICK STARTAT LOW COST

    MADE TO ORDEREASY TO CHANGE

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    An important key for the day

    Some Recommendations

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    Rome was not build in a day

    Slow Trigger, Fast Bullet

    Driving Transformation through Process Automation

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    How do I educate my peers on what we need to do?

    How can I engage re-using your implementations/assets?

    How can we create business case and identify processes?

    How do we build process/technical resources?

    Where do I start?

    Birds of a Feather Networking - How do we Engage?

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    Introducing BPM Test Drive

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    Together we Win

  • Finite players play within boundaries

    Infinite players play with boundaries

    - James Carse

    Happy Holidays!