White Paper: Analytix Data Services
Basel III is an opportunity as well as a challenge for banks. It can provide a solid foundation for the next developments in the banking sector, and it can ensure that past excesses are avoided.
The Basel Committee on Banking Supervision (BCBS) is the primary global standard-setter for the regulation of banks. Although the Basel Committee has recognized the banks are making efforts in mitigating these risks, they still feel more needs to be done.
This whitepaper on “BASEL III Compliance” gives an insights into overcoming the difficulties faced in governance of risk data aggregation and to reap full benefits of reporting capabilities in Banking and Financial Institutions.
What are the significant challenges faced by banks when they are implementing Basel III?
How to best implement a solution that allows the banks to comply with Basel III? How to streamline systems and processes for improved operational effectiveness?
What are the guiding principles for effective risk data aggregation and reporting?
The complexity and requirements of Basel III and the commercial demands of the banking world will require a flexible Basel III management solution that delivers speed, accuracy, and performance to gain competitive advantage.
By: Nous Infosystems
Across the globe, banks are witnessing a stagnation of customer experience levels due to rising customer expectations driven by the proliferation of technology firms. In the last few years, as the customer dynamics have changed radically, banking industry need to think ahead and anticipate the changing customer needs and consequently offer products and services suiting their needs. This whitepaper provides data effortlessly and insights for better banking customer experience. It highlights: Key Mobile Banking features offered by banks Unleashing the power of social media to enhance customer experience Need for Customer-Centric Banking Business Model Elements to improve the banking customer experience
Cyber‐attacks and threats against the financial services sector are ongoing – common targets include banks, payment processing companies, investment firms, and other organizations that manage financial transactions. A 2016 study reported that 83% of financial services companies cite defending against cyber threats and protecting personal data as one of their biggest challenges in building or maintaining their reputation over the next year. Gamification has the potential to bring a financial company's cyber security posture to the next level, producing both value and competitive advantage. Gamification allows companies to best determine how they direct their resources toward mitigating vulnerabilities and threats. Key takeaways from this white paper: Overview: Cyber‐attacks and threats against the financial services sector Gamifying Cybersecurity: An opportunity for financial services companies Project Ares: Solution to the Cybersecurity training gap ‐ a gamified training platform Preserveing cyber team’s footprint: For future analysis, tracking of growth, and to facilitate strategic role assignments
What is Technology ?
Technology is the use of scientific knowledge for creating tools, processing actions and extracting of materials whether in industry or in our everyday lives. We apply technology in nearly all things that we do in our lives, we use technology at work, in communication, transportation, making food, extracting and securing information, running an organization and many more tasks, pretty much everywhere. Types of technology include information technology, banking technology, medical technology,
What is Data Management ?
Data management is the development and execution of policies and procedures in order to manage the information lifecycle needs of an enterprise ensuring the accessibility, reliability, and timeliness of the data for its users. Data Management enables organizations and enterprises to use data in: Organizing the enterprise data, Storing and preserving data for future re-use, Making data ready to use anytime, Share data with colleagues
What is Risk ?
The risk is the possibility that something bad or unpleasant (exposure to the chance of injury or loss) will happen. Organizations are exposed to risks of different degrees; risk management is a procedure which involves assessing the risks and then taking necessary steps to either eliminate or to reduce them as far as reasonably possible.