[ibm] ibm banking overview final version for ftu
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8/6/2019 [IBM] Ibm Banking Overview Final Version for FTU
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2010 IBM Corporation
The IBM Banking Industry Framework
Accelerating Solutions for Smarter Banks
IBM Banking solutions Framework for FTU May 7th 2011
Aaron Axworthy
Director Financial Services Sector - Vietnam
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$1,264 trillion
The value of global assets3
will quadruple by 2025 calling on a vibrant globalfinancial system tointermediate and manage.
Half the world is unbanked.Just over half of worldsadult population do not useformal financial services tosave or borrow.2
2.5 billion
Growth in world GDP1 from2010 thru 2025 will put thecurrent crisis in context.
5.8% CAGR
1 - Nominal2 - http://financialaccess.org/sites/default/files/110109%20HalfUnbanked_0.pdf3 - Assets = deposits, equity and fixed income
Reasons to be optimistic
There is an extraordinary opportunity !
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A global system moves morethan $74T of money each day
A financial supply chain that ismassively interconnected andinterdependent
Public and private partnershipsare suboptimal cross-border andwithin borders
System requires 24/7 continuousflow of information
Rapid increase in types of dataentering financial system fromreal economy digitization
A criminal element that growsmore sophisticated
In total the system intermediatesthe needs of billions of people in190 countries in thousands oflanguages.
An adaptive systemevolving organically
Policy makers
Regulators Supervisors
Financialinstitutions
Compliance
Laws and
rules
Surveillance
and monitoring
Standards
Soundness
Stability
Dramatic forces changing the worlds most
complex system.
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Commercialbanking
Retailbanking
Corporatefinance
Assetmanagement
Custodyand agency
services
Sales andtrading
PaymentsProcessing
Anti-MoneyLaundering
ComplianceReporting
TradingSystems
GeneralLedger
AccountOpening
Customers
Partners
Regulators
ServiceProviders
Inflexible, complex operations and silod data
hinder progress in using data as a strategic asset
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IBM provides a comprehensive framework that
delivers accelerates solution deployment
The framework provides a banking-specific software platform with
Banking extensions and pre-built
solution accelerators to speeddeployment
Best practices and business- specificusage patterns to lower risk
Support for adoption of open andindustry standards
A choice of business applicationsfrom IBM business partners
An approach to align technology withbusiness needs
The framework gives you speed, flexibility
and choice in deploying solutions while
reducing cost and risk!
Integrated RiskManagement
CustomerCare andInsight
IntegrationOptimization
AnalyticsCollaboration
SecurityResiliency
Core BankingTransformation
Paymentsand
Securities
IBM Banking Industry Framework
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The framework delivers business value
Simplify your infrastructure, reducecosts, and enable growth throughinnovation
Enable integration of information andprocesses across the bank
Build an efficient technology roadmapthat you can adjust over time based onbusiness needs
Implement framework projects toaddress business problems across theenterprise
Drive a greater return on projectinvestment through asset re-use
Speed deployment of solutions
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Framework projects in four domains provide the
capabilities to address banking pain points
Integrated RiskManagement
CustomerCare andInsight
IntegrationOptimization
AnalyticsCollaboration
SecurityResiliency
Core BankingTransformation
Paymentsand
Securities
The core banking transformation domainallows you to modernize and renovate thelegacy applications that support core bankingfunctions while aligning with the changingneeds of the business
The customer care and insight domain helpsyou build a foundation for creating a singleview of the customer and enabling moreeffective and efficient sales and service
The integrated risk management domainsupports taking a holistic approach to
managing financial risk, financial crimes,operational and IT risk, and compliance
The payments and securities domain helpsyou progressively transform your paymentsoperations to become more flexible andefficient
IBM Banking Industry Framework
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Choose from leading business partner
applications for your solutions
with 35+ IBM business partners inthe framework ecosystem
Proven integration between IBMframework middleware and industry-leading partner applicationsprovides
- Faster deployment
- Easier integration
- Lower cost of operations
= validated for solutions that leverage the IBM Banking Industry Framework for payments & securities
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Start simplifying and realizing benefits with a
framework project
select from 20 project areas across 4 framework domains
Integrated RiskManagement
CustomerCare andInsight
IntegrationOptimization
AnalyticsCollaboration
SecurityResiliency
Core BankingTransformation
Paymentsand
Securities
IT Foundation Transformation
Core Banking Process Agility
Core Banking Application
Modernization
SEPA Compliance
Corporate Services
SWIFTNet Modernization
Retail Payments
Payments Process Efficiency
Digital Payments Conversion
Financial Risk
Financial Crimes
Operational and IT Risk
Governance and Compliance
Customer Insight Optimization
Customer Information
OptimizationMulti-Channel Transformation
Sales Process Optimization
Service Process Optimization
Compliance Process Optimization
Marketing Process Optimization
IBM Banking Industry Framework
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Core Banking Transformation
Transforming back office legacy systems
As banks seek to grow revenue andimprove operational efficiency throughproduct innovation, globalization, and
M&A activities, legacy back officesystems often become inhibitors
Mismatch between the horizontalbusiness processes and the verticalapplication silos leads to ever-increasing IT integration complexity
Heavily customized and inflexiblelegacy systems make it hard andexpensive to support regulatorychanges
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Core Banking Transformation Project Example
Example
Build new business service components & integrate with legacy, leveraging IBM ComponentBusiness modeling approach
Core Banking Process Agility Bundled Offerings Project
Needs to sell customized product and service bundles and manage the end-to-end lifecycle ofthe resulting contracts while maintaining legacy systems as-is.
9 to 18 month project Deliver revenue growth through SOA while leveraging legacy
Client issue
Benefits
Solution
Framework project
partners
Core banking workbench for model and business-driven development Information FrameWork (IFW) data models Business rules management Process choreography Enterprise service bus Master data management
Frameworktechnology
capabilities
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Payments and Securities
Banks need flexible and efficient operations
Commoditization of payments servicesresulting in shrinking returns
Need to specialize and innovate todrive revenue growth
Market harmonization across theglobal payments infrastructure drivesneed for integration with third parties
Increased merger, acquisition anddisposal activity has resulted inredundant operations
Sophisticated fraud and anti-moneylaundering activity drives need fortransparency and security
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Financial institutions are required to comply with Single Euro Payments Areamandates
2 to 9 month projects Standardization of processes, process efficiency, reduced cost and risk
3 Deploy an ISV-provided paymentsapplication
1 Build compliance intoexisting paymentsapplications
2 Renovate existingpaymentsapplications
Client issue
Benefits
Solution options
Framework project
partners
Banking process and data models Process choreography Application connectivity Message transformation to SEPA standards
XML message management to SEPA standards Accelerators for building a custom enterprise payments hub
Framework
technology
capabilities
MMMEuroDebit MTSGlobal Payplus Open Payments
Framework
Payments and Securities Project Example
SEPA Compliance
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Integrated Risk Management
Holistically manage risk across the enterprise
Banks need to:
Understand market and credit riskexposure across multiple silos
Secure all transactions and forms ofinteraction
Proactively prevent increasinglysophisticated internal and externalprohibited activities
Effectively manage detected events
Proactively manage internal andexternal potential risks
Understand and manage increasinglycomplex compliance requirements atoptimal cost
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Integrated Risk Management Project Example
Lack of trusted and integrated risk information makes it difficult to understand actual riskexposures facing the bank and also results in inaccurate reporting of exposures to regulatorybodies and executive management
More timely and better decision-making Improved accessibility to risk information across the enterprise
Reduced costs
Consolidate data to create a trusted and accessible source of information Apply analytics and business intelligence to generate enterprise risk reporting
Apply portal and collaboration technologies to give end users easy access to information
Client issue
Benefits
Solution
Framework project
partners
Data warehousing and master data management Common banking data models
Enterprise dashboards, scorecards, and reporting templates Alerts based on business events
Access via web, email, mobile Enhanced visualization capabilities from IBM Research
Framework
technologycapabilities
Financial Risk Risk Insight and Control Project
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Customer Care and Insight
Optimizing the customer experience
Consumers
Demand innovative and morecustomized products and services
Want a consistently high qualitycustomer experience across all touchpoints
Banks
Must be able to identify their mostprofitable customer relationships
Need an enterprise view of customerrelationships to optimize the customerexperience
Need to balance managing cost, risk,security and compliance with meetingcustomer needs
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Customer Care and Insight Project Example
Customer Information Optimization Customer Data Integration Project
Customer data is duplicated and spread across multiple silod databases, leadingto an inconsistent experience for customers dealing with the bank
Projects can be implemented in as little as 6 months Improved customer satisfaction and retention, reduced maintenance costs
Client issue
Benefits
Banking data warehouse models Data warehousing Master data management tools Reporting tools
Process choreography Implementation expertise
Framework
capabilities
Build an integrated data warehouse to create a consolidated customer profile
and enable customer-centric processingSolution
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Accelerating Solutions forSmarter Banks
Thank You
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