Africa opportunity and Banking Focus - Enterprise … opportunity and Banking Focus ... –CORE...
Transcript of Africa opportunity and Banking Focus - Enterprise … opportunity and Banking Focus ... –CORE...
Africa opportunity and Banking
Focus
Dr Alewyn Burger
Enterprise Ireland meeting
Dublin, April 2013
Alewyn Burger
• Retired banker (32 years)
• Independent Consultant (Systems, Operations, Payment systems and Business Operating Models)
• Advisor to PwC Financial Services Africa Advisory, based in Johannesburg
• Visiting Professor to University of Stellenbosch Graduate School (IT and Operations Management)
• 10th generation African, 1680 =>…!
Contents of talk
•Africa business growth
–As seen by various sources
•Current Bank priorities
–Business and Systems
Africa growth
Africa : dramatic change
Source : Frontier Advisory
Source : Mckinsey
BA Hilife Magazine April 2013
BA HILIFE
Magazine
April 2013
“The West must wake up
and change it’s arrogant
attitude to Africa- or it will
be the loser as the youngest
(demographically ) continent
on the globe takes off.
Already it is home to several
of the world’s fastest-
growing economies…”
BA HILIFE
Magazine
April 2013
Economic Analysis - 2006
North Africa
5 Countries
Total GDP (2006) = $ 360bn
GDP per Capita = $ 2,300
East Africa
11 Countries
Total GDP (2006) = $ 111bn
GDP per Capita = $ 437
West Africa
27 Countries
Total GDP (2006) = $ 292bn
GDP per Capita = $ 743Southern Africa
9 Countries
Total GDP (2006) = $ 299bn
GDP per Capita = $ 2,675
Source: Standard Bank
Economic Analysis - 2015
North Africa
5 Countries
Total GDP (2015) = $ 524bn
Banking assets = $ 582bn
Banking assets / GDP = 110.9%b
East Africa
11 Countries
Total GDP (2015) = $ 175bn
Banking assets = $ 81bn
Banking Assets / GDP = 46.3%
West Africa
27 Countries
Total GDP (2015) = $ 687bn
Banking assets = $ 177bn
Banking Assets / GDP = 25.8%Southern Africa
9 Countries
Total GDP (2015) = $ 470bn
Banking assets = $ 501bn
Banking Assets / GDP = 106.6%
Source: Standard Bank
GDP per capita not disclosed as there is no
reliable forecast on population numbers per
country in 2015
Executive summary PwC
Executive summary PwC
Executive Summary PwC
Executive summary PwC
PwC
Finacle universal banking solution
21
Heat map
• Front
– Smaller branches
– bank@ work
– Focus on Business banking (not personal)
– Card-less cash-out at ATM’s
– Mobile remittance/wallets/payments
– Messaging and alerts
– Mobile agents
– Remote customer acquisition
December 2012 Finacle Joint Value proposition Slide 22
Heat Map
• Customer– CIF/CRM
– Customer Analytics
– Segment Mining
– Flexible pricing capability
• Product: Islamic banking
• Risk & Credit– KYC, AML, REGS, Compliance, FATCA, BASEL2/3
– Risk management (Operational measure)
– Credit (assess, score, bureau, collect)
Heat map
• Back
– Process redesign and simplify
– Lean six sigma
– Hubbing of fullfilment
– BPO
– Offshoring
– CORE BANKING replacement- dominated by
Finacle/Flexcube/T24 in Africa
PwC
Questions
December 2012 Finacle Joint Value proposition Slide 25