Banking Sector
The Banking industry has its unique challenges. They have to decide upon the market penetration in order to balance the regional demand
and customer retention. Cyber crime is one of the major issues that slows down the pace of new technology adoption in this sector.
Every year, Banks will have to exercise customer winning strategies while operating from within the boundaries of regulatory compliance.
Like other sectors, they must be agile enough in finding the best technology fit for their kind of business model readiness and at the same
time manage right level of technology skills. This is far beyond implementing 'core banking services' and CRM.
CHALLENGES:
Banking industry has to sale (& cross sale) range of innovative products and at the same time adhere to the regulatory compliance.
This industry is facing pressing challenges in terms of maintaining asset quality, capital adequacy and information security.
To succeed, banks would need to (a) adopt future-proof technologies to address information security, (b) to add new on line services to win
new customers and to retain existing customers (c) keep a track of customer behavior to improve cross sale and effective credit disbursement.
BENEFITS:
KPIwoven can assist in getting a clear visibility to the key drivers in order to overcome these challenges.
It provides visibility to the operational efficiencies, synergy among various functions, performance of projects across enterprise,
bottom line of business and profitability
Provides holistic as well as drilled-down view of the audited Key Risk drivers
Captures data from all across your enterprise
Provides automation of reporting (including XBRL) from single source of 'authentic data'
Easy integration with technology infrastructure and other business applications
Provides holistic view of technology performance
OUTCOMES:
Our web-based Strategy Execution Management platform provides enterprise class scalability, responsiveness and security,
ensuring lower TCO while providing visibility to business drivers and functional alignment.
This evidence based system enables you to easily configure multiple strategies and to systematically track them through for achieving
desired operational efficiencies. And at the same time, it can manage your enterprise data effectively in order to provide a
single source of 'authentic data'
CASE STUDY:
We have chosen this case study of one of the leading private sector Bank from South Asia. The case study showcases KPIwoven
implementation at this company.