Post on 22-Jan-2015
description
Driving Competitive Advantage and Next Level of Success for Banks with Performance Management
Agenda
Compliance AND Performance, mutually
exclusive?
Performance Management Vision for Banking
About Cognos
Leading Challenges for C-Level Bankers
0 10% 20% 30% 40% 50%
Competition
Mergers and systems
Risk management
Cross selling
Cost management
Change culture
Customers
Compliance
Increase revenues
N = 15
Source: 2005 U.S. Bank Survey, Financial Insights, an IDC Company
Performance Investments
Improve reporting accessibility and transparency
Improve financial close process
Improve planning process
Near-Term Investment PrioritiesNear-Term Investment Priorities
Research PerspectivesInvestment Priorities
11
22
33
Compliance, Technology, and Performance Management — Finance Combines
Opportunity with Necessity, August 2005
Compliance Investments
Improve reporting accessibility and transparency
Improve financial close process
Improve planning process
11
22
33
Compliance Themes & Response
The common Regulatory intent
Increase Transparency
Increase Controls
Two responses to Compliance challenge:
Tactical: respond to each regulatory demand individually, reactively
Strategic: deliver visibility throughout the organisation in key areas and externally to stakeholders (customers, regulators, accounting groups, investors etc.)
But a tactical ONLY approach cannot deliver a coherent and consistent compliance/disclosure strategy that aligns with internal management processes. There will be multiple versions and wasted investment
Agenda
Compliance AND Performance, mutually
exclusive?
Performance Management Vision for Banking
About Cognos
Disconnected Decision Making
Single Platform for Decision MakingSingle Platform for Decision Making
Cognos Performance Management System
Banking Performance Management Solution Areas
OPERATIONS RISK & COMPLIANCE
FINANCE & HRSALES & MARKETING
Customer Management, Analysis & Profitability
Product portfolio Performance
Channel Analysis & Reporting
Branch Performance Blueprint
Customer Segment Blueprint
Core Banking Reporting
Mortgage Origination Performance
Credit Card Issuance
Operations Risk Management
Credit Risk Reporting
Risk Management & Basel II
Compliance Performance Management
Risk Cockpit
Sales Analysis& Reporting
Sales Compensation Planning
Sales Planning & Forecasting
Initiative Planning
Risk Analysis
Cap Project Planning
Discretionary Capital Expenditure Planning
Expense Planning & Control
Strategic Long Range Planning
Strategic Fin. Planning & Forecasting
Expense Planning & Control
Allocation Planning
Workforce Performance
IFRS
Governance Risk & Compliance Profitability Operational Efficiency Finance, HR & MarketingCustomer Solutions Cognos & Partner Solutions
BANKING
Agenda
Compliance AND Performance, mutually
exclusive?
Performance Management Vision for Banking
Introduce Cognos
Cognos: The Performance Management Leader in Financial Services
Cognos has over 1,000 financial services customers
All of the world’s top 10 Investment Banks
6 of the top 10 Asian Banks
9 of the top 10 European Banks
9 of the top 10 US Banks
Breadth & independence of Performance Management offering supports departmental BI through to enterprise PM suite implementation
Cognos has strong relationships with key financial services application and integration partners including IBM, Accenture, Deloitte, Bearing Point, Misys, i-flex, FiServ etc.
Selected Financial Services Customers
Selected Cognos Performance Management Successes in Financial Services
Retail Customer Profitability
Marketing Analysis
Channel Management
Customer Profitability and Servicing
Branch Performance
Performance Reporting
Customer Management and Insight
Compliance Scorecard
Market Risk Management
Credit Risk Reporting
Global Investment Bank
Top 10 Global Bank
Top 3 Global Bank
Top 5 Global Investment Bank
Client Portfolio Risk Management
Financial Services Performance Management Solutions
Branch Performance Blueprint
Customer Segment Profitability Planning and Reporting*
Product Profitability Planning and Reporting*
Basel II and Risk Reporting
Insurance Risk/Claims Reporting
Mortgage Origination and Servicing Reporting
WorkForce Analytics
Risk Reporting*
Compliance Reporting*
*In development
About CMCSoft: The Official Distributor of Cognos in Vietnam
A member of CMC Corporation, one of
the leading ICT Groups in Vietnam with
the revenue in 2006 of around 40
million USD
++200 well-trained and experienced
staff with high qualifications.
Good expertise in providing software
solutions for Banking – Finance
Organization
Good quality management process:
ISO 9001:2000
Thankyou
To access the Financial Insights executive report: 'Performance Management Drives Improvement at European and U.S. Banks', visit www.cognos.com/financial_services.
Remus.lim@cognos.com