Payment Solutions: Improving Wholesale and Retail Processes to Cut Costs and Enable New Capabilities
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Transcript of Payment Solutions: Improving Wholesale and Retail Processes to Cut Costs and Enable New Capabilities
© 2010 IBM Corporation
Building a smarter planet
Key Payments Industry Drivers
Payments Processing Efficiency
Corporate Services
Retail Payments
Digital Payments
Payments Risk and Compliance
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© 2010 IBM Corporation
Building a smarter planet
Reasons to be optimistic…
$1,264 trillion
The value of global assets3 will
quadruple by 2025.
Half the world population is
still unbanked.1
> 2.5 billion
Growth in world GDP2 from 2010
thru 2025 will continue to put legacy systems under stress.
5.8% CAGR
1 - http://financialaccess.org/sites/default/files/110109%20HalfUnbanked_0.pdf2 - Nominal 3 - Assets = deposits, equity and fixed income
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© 2010 IBM Corporation
Building a smarter planet
It Is Time To Consider Smarter Payments
Rethink the Business ModelSimplify & reduce the number of payments processing silos.
Integrate Risk ManagementEnable an enterprise view of risk across
payments fraud, financial crimes and regulatory oversight.
Develop New IntelligenceDifferentiate
product delivery via analytics &
innovation.
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© 2010 IBM Corporation
Building a smarter planet
Smarter Payments Is About Enabling The Most Secure, Efficient And Transparent Processing Environment Possible
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+ =+
Instrumented Interconnected Intelligent Smarter Payments
© 2010 IBM Corporation
Building a smarter planet
Smarter Payments Delivered
Reduction in manual process
Bank of New York Mellon
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90%Increase in processing capacity
Depository Trust & Clearing Corporation
77%In FX trades per day
CLS Bank
$3.5 trillion
© 2010 IBM Corporation
Building a smarter planet
Smarter Payments Delivered
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The number of credit cards processed
Large Chinese Bank
10xIncrease in access speed
Rabobank International
35%Annual Savings
Bank of Russia
$400 million
© 2010 IBM Corporation
Building a smarter planet
IBM Banking Industry Framework
Integrated RiskManagement
Customer Care and Insight
IBMBanking Industry
Framework
Core Banking Transformation
Paymentsand
Securities
The payments and securities domain helps you progressively transform your payments operations to become more flexible and efficient
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© 2010 IBM Corporation
Building a smarter planet
IBM Banking Industry Framework
IBM Payments Solutions: ISV Applications IBM Software IBM Services IBM Technology
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© 2010 IBM Corporation
Building a smarter planet
The IBM Banking Framework Delivers Value
Simplifies infrastructure, reduces costs, and enables growth through innovationEnables integration of
information and processesTechnology adapts to changing
business needsDrives a greater return on project
investmentSpeeds deployment of value-
added solutions
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© 2010 IBM Corporation
Building a smarter planet
IBM Centers of Excellence for Payments
Silicon Valley DallasBeijingBarcelona Seoul
Montpellier Poughkeepsie
Dublin Labs
Sao Paolo
La Gaude
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© 2010 IBM Corporation
Building a smarter planet
IBM Services
According to an independent marketing intelligence study conducted by National Analysts Worldwide, IBM Global Business and Technology Services leads in overall client satisfaction, surpassing all top competitors on eleven core service attributes including:
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Overall satisfaction
Value
Reputation
Competitive advantage
Innovation
Leadership
Meeting expectations
Client retention
© 2010 IBM Corporation
Building a smarter planet
When comparing IBM to other providers, survey participants expressed greater likelihood to:
Choose IBM if they need consulting services from a provider in the futureChoose IBM if they need additional IT
services in the future Make the same decision to purchase
services from IBM knowing what they know now.
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IBM Services
© 2010 IBM Corporation
Building a smarter planet
Long Term Vision for Payments
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“ Regardless of the economic environment, continued investment in a long-term IT payment strategy focused on agility and transparency is imperative if banks are to maintain a healthy and vibrant payment franchise in the face of increased competition and regulatory changes. Banks that succumb to short-term IT cost-cutting measures will struggle to maintain profitable payment operations and will lose competitive advantage.”
Gartner: Banks Must Maintain Their Long-Term IT Strategy in Payments
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