1 / 11

The new risk context for MNC banks and possible mitigating approaches

Slideshow about The new risk context for MNC banks and possible mitigating approaches by Eric Tachibana

selenasol
Download Presentation

The new risk context for MNC banks and possible mitigating approaches

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Selena Sol presents….. RISK 2.0 The new risk context for MNC banks and possible mitigating approaches selena@selenasol.com http://www.linkedin.com/pub/eric-tachibana/0/33/b53 http://www.slideshare.net/selenasol

  2. It’s a great time to be a customer • Multi Device - Multi Application • Global Mobility with instant access • Social Mediafication of everything • The Apple Experience

  3. It’s not such a great time to be us! • Compliance Cloud & Economic Doldrums • Legacy Platform Spaghetti • Low Morale • Big, Unstructured Data

  4. The chasm of context generates high risk • Data Privacy & Identity Theft / Fraud • A new bar for Availability • Brand Control • The migration of talent to what’s hip

  5. 5 suggestions for dealing with risk

  6. Simplify the platform • Stop whining and just do it before the business picks up and it is too late • Leverage everything-as-a-service • Rip out the derailers in middle mgmt • Get financial transparency of IT (biz cases)

  7. Dude, slow down • Pioneers are the guys with arrows in their backs. First mover is usually a disadvantage • But have a fast-follower plan • Agile product management means launch small but often, listen, and iterate.

  8. Leverage value-chain innovation • Focus less on product innovation and more on value chain & business model innovation (Amazon and long tail model or Toyota and lean supply chain) • Our industry should be more collaborative with non-value operations

  9. Invest in data visualization

  10. Invest in targeted corporate ventures • Looking for huge markets in meat space is harder and harder • Virtual currencies and markets will need all the same financial products and services • Invest in a few good learning projects ASAP

  11. Entrepreneurship.

More Related