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alternative data
37

May 20, 2020

Alternative data in capital markets

Avinash Dave Global Practice Manager, Capital Markets Services, Financial Services

If we recall, few years back the low latency solutions were offering an edge in investment decision making. Now it’s considered as minimum requirement. The need for alternative data is seen to be increasing and the firms those delay in adapting...
Target 2 consolidation
142

May 19, 2020

Target2 and Target2 Securities Consolidation

Rouble Saha Senior Business Manager, Banking Domain, Financial Services

For more than a decade now, Target2 has been running successfully but with the recent modernization of payment landscape coupled with higher customer expectations, the cost structure of the banks has been highly challenged. As a part of Vision 2020...
Central securities depositories regulation
126

May 18, 2020

Central securities depositories regulation

Vimal Jain Senior Business Specialist, Delivery Practice

CSD’s are currently involved in developing solid frameworks for financial penalties regime, establishing systems and processes to adhere to ECSDA CSDR penalties framework, and while CSD’s continue monitoring settlement graph of participants, there...
RPA
330

May 18, 2020

Application of RPA, AI, ML in Post trade Ecosystem

Muralitharan K Business Manager, HCL Technologies, Malaysia, SDN, BHD.

Advancement in technologies like Robotics process automation (RPA), Machine Learning (ML), Artificial Intelligence (AI) offers various products and services to reduce the manual intervention and improving operational inefficiencies in the middle and...
Blog on Nordic
25

May 12, 2020

Nordic Financial services in the new decade

Varun Chhibber Sales Director - Nordics & Baltics Financial services

The blog talks about how the author sees Financial Services Industry evolving in the next decade with focus on the Nordics region. It talks about the trends that are visible in the market basis the conversation with Clients.
Financial services and COVID-19
119

May 11, 2020

Financial services and COVID-19

Rahul Singh President and Global Head - Financial Services

The article talks about the impact of COVID-19 on the Financial Services industry. The FS industry is about to see dramatic transformation as digital technologies get pushed to the forefront of our response. Digital, crowdsourcing, WFH, bots,...
Digital Lending for MSMEs
31

May 08, 2020

Technology to the Rescue – Digital Lending for MSMEs

Rahul Singh President and Global Head - Financial Services

As the COVID-19 crisis hits the economy, a taskforce of UK-based fintechs has come together to make over £500,000 available to MSMEs (micro, small and medium enterprises) in urgent need of credit. This virtual lending operation, designed to...
Marketplace Models
167

May 06, 2020

Marketplace Models in Wealth Management

Ramakrishna C Srinivasan Global Practice Manager, Capital Markets Services, Financial Services

To address the need for better strategies to increase AUM and revenues, the wealth management industry is constantly evolving with newer models. While robo-advisory has been around for a few years, Marketplace models are emerging as a hybrid...
COVID -19
1,386

Apr 17, 2020

Examining Impact of COVID -19 on Wealth and Asset Management Firms

Ashok Bhat Practice Lead, Capital Management Services, Financial Services, HCL

COVID -19 has seen a worldwide business impact. This blog aims to examine its impact on the Wealth and Asset Management Industry. I would like to highlight my perspective of the analysis in three aspects: Current challenges faced by Asset and...
RPA
330

May 18, 2020

Application of RPA, AI, ML in Post trade Ecosystem

Muralitharan K Business Manager, HCL Technologies, Malaysia, SDN, BHD.

Advancement in technologies like Robotics process automation (RPA), Machine Learning (ML), Artificial Intelligence (AI) offers various products and services to reduce the manual intervention and improving operational inefficiencies in the middle and...
COVID -19
1,386

Apr 17, 2020

Examining Impact of COVID -19 on Wealth and Asset Management Firms

Ashok Bhat Practice Lead, Capital Management Services, Financial Services, HCL

COVID -19 has seen a worldwide business impact. This blog aims to examine its impact on the Wealth and Asset Management Industry. I would like to highlight my perspective of the analysis in three aspects: Current challenges faced by Asset and...
SOFR and Libor
1,092

Jan 22, 2020

Transition from LIBOR to SOFR

Kaviya V Senior Business Analyst

Starting around 2005, few banks around the world manipulated the LIBOR (London Interbank Offered Rate) benchmark rate for their own profits (from trades and to show that they are more creditworthy) which came to light in the year 2012.  After...
Target 2 consolidation
142

May 19, 2020

Target2 and Target2 Securities Consolidation

Rouble Saha Senior Business Manager, Banking Domain, Financial Services

For more than a decade now, Target2 has been running successfully but with the recent modernization of payment landscape coupled with higher customer expectations, the cost structure of the banks has been highly challenged. As a part of Vision 2020...
Fintech
1,218

Nov 21, 2019

BS11 Impacts and its IT Implications

Rouble Saha Senior Business Manager, Banking Domain, Financial Services

Over the years, banks have lost millions of dollars due to unplanned outages or downtime in the services. This has also created a negative impact on a bank’s reputation and brand image. Many a time, these services are being managed by outsourced...
Financial services and COVID-19
119

May 11, 2020

Financial services and COVID-19

Rahul Singh President and Global Head - Financial Services

The article talks about the impact of COVID-19 on the Financial Services industry. The FS industry is about to see dramatic transformation as digital technologies get pushed to the forefront of our response. Digital, crowdsourcing, WFH, bots,...
Artificial Intelligence
670
We humans are governed by our free will to choose and make decisions. But, in the world of technology and data brokers, those who can predict and drive one to make decisions, are influencing free will.
Swift
1,667

Oct 16, 2019

SWIFT GPI

Rouble Saha Senior Business Manager, Banking Domain, Financial Services

The cross border transactions have historically been a puzzle for most of the banks as they cannot predict the exact time and fees to complete the transaction. Moreover, it becomes very difficult to track the payment once it goes out of the...
alternative data
37

May 20, 2020

Alternative data in capital markets

Avinash Dave Global Practice Manager, Capital Markets Services, Financial Services

If we recall, few years back the low latency solutions were offering an edge in investment decision making. Now it’s considered as minimum requirement. The need for alternative data is seen to be increasing and the firms those delay in adapting...

Don’t Let Your Legacy Systems Make You Irrelevant
Jaspaul Saini - Delivering Advisory and IT Systems | March 17, 2016
428 Views

This is the first in a series of blogs that examines how ‘internet savvy’ challengers are entering the insurance market and what this can mean to an industry that has traditionally been perceived as ‘stodgy’, ‘risk averse’ and ‘slow to change’. The blog goes on to discuss the legacy technology challenges that are hampering the industry today, and how different modernization strategies and/or radically new operating models are needed to compete in the future.


Disruption in Insurance industry – is it sporadic
Murali Mohana Rao - Senior Business Specialist With Insurance Practice | March 17, 2016
746 Views

Business Disruption is not new, but, simultaneous disruption in different walks of life and across businesses is the new phenomenon that global businesses are trying to position as an opportunity, challenge, or a threat. With never like before technology led la-uber disruptions surfacing in different industries, business needs to develop a deeper understanding of the underlying factors to come with an effective strategy to survive a possible deluge, if not to differentiate and stand apart. This applies more to industries where sporadic disruptions are surfacing but failing to make a remarkable impact. Insurance is one such industry. I think the insurance industry is poised for a very exciting but challenging phase in coming years.


Make ‘Fun’ to sell insurance & reduce cost - “Gamification in Insurance”
Murali Dharan Haragopal - Head of Global Insurance Business Solution Group | March 17, 2016
1250 Views

Did you know? Games share certain characteristics with insurance, business and our lives! Significant common characteristics include uncertainty, challenge, chance, choices, goal, relevance, reward, rules and terms of agreement.