Core Banking, Financial Management

8 Banking & Financial Services Trends Enterprise Architects Should Know About

May 19, 2023

8 Banking & Financial Services Trends Enterprise Architects
The big banks have not had an easy time of things recently. Already facing plenty of challenges from the likes of challenger banks, fintech, regulation and technologies like cryptocurrencies, the pandemic forced the pace of change to grow even faster.

Spotlight

Alkanza

Alkanza is an AI based robo-advisor. We strive to make our quantitative know-how and capital markets expertise available to all our clients, in an easy-to-use, intuitive, cloud-based experience. Our portfolio construction engine works with any possible underlying asset (mutual funds, ETFs, single stocks, bonds, etc), as defined by our partners for their clients, to help them achieve their financial goals. After the portfolio is chosen we connect to the client’s brokerage account in order to implement the portfolio, maintain it, and report performance to the client on a monthly basis. We are currently working with partners throughout Latin America, Europe and Asia.

OTHER WHITEPAPERS
news image

Bank Accounting Advisory Series

whitePaper | August 1, 2022

The Office of the Chief Accountant (OCA) is pleased to present the August 2022 edition of the Bank Accounting Advisory Series (BAAS). The BAAS expresses the OCA’s interpretations of accounting topics relevant to national banks and federal savings associations (collectively, banks or institutions, unless otherwise specified). We hope that you find this publication useful and that it continues to be a practical resource for bankers and examiners. The BAAS is updated annually to address ongoing accounting questions, newly issued and updated accounting standards, and emerging issues observed through March 31. Consistent with prior editions of the BAAS, the 2022 update does not focus on questions related to the impact of the Coronavirus Disease 2019 (COVID-19) and does not reflect policy statements and rules issued in response to the COVID-19 pandemic. COVID-19 policy statements and rules address specific challenges and are not intended to be used by analogy in non-COVID-19 situations.

Read More
news image

NAVIGATING CRYPTO: How financial intermediaries can integrate cryptoassets

whitePaper | June 7, 2022

When the Bitcoin protocol came into existence in January 2009, it was introduced as a peer-to-peer version of cash that would eliminate the need for financial institutions and other trusted intermediaries. Many of the early adopters of Bitcoin and other cryptoassets that have come since have viewed these innovations as a means to disrupt the traditional banking system.

Read More
news image

Spotlight on Banking and Finance

whitePaper | July 31, 2022

With tens of thousands of installations throughout North and South America, DMP is the financial industry’s most trusted name in security with fully integrated systems for intrusion, fire and access control. Since 1975, DMP has been delivering cost-effective solutions, scaled to your financial orga nization’s needs. In this series of Banking and Financial White Papers, we’ll spotlight a few specific reasons why banks choose DMP.

Read More
news image

5 Key Challenges in Payments Modernization

whitePaper | September 30, 2022

The pandemic caused lasting changes in consumer behavior, and the financial industry must adapt to the rapidly-evolving market. Stay-at-home orders caused many to shift to digital transactions, and these new habits have dramatically accelerated the need for payments systems modernization at financial institutions of all sizes. Legacy financial systems are ill-equipped to handle the rising volume of payments. Cyber fraud concerns have also increased as fraudsters around the globe developed sophisticated new ways to exploit financial systems, at a time when many institutions are still facing staffing shortages. Combined, these factors have made modernization of payments systems a top priority. “The dialogue in the U.S. payments ecosystem has irreversibly shifted toward offering increased speed, more choices, and simpler ways of sending and receiving payments," according to a 2022 Federal Reserve report.

Read More
news image

Speed by Design: How to build innovation into your bank

whitePaper | April 14, 2022

Digital transformation in the financial space has been a hot topic in emerging markets like South Africa, Nigeria & Ghana for some time now, especially among incumbents who are threatened by radical digital-first banking entities like neobanks and challenger banks. A global study by Insider Intelligence1 estimated that in 2021, there were 29.8 million digital-only account holders, and this number is expected to cross 53.7 million by 2025, owing to the remarkable mobile penetration and ICT infrastructure development2 witnessed in marginalized regions like Africa in recent years.

Read More
news image

Building Something Great to Go Somewhere Great: HOW PRIVATE COMPANY FINANCE FUNCTIONS ARE Adapting to Scale for Growth, Exit Opportunities

whitePaper | August 25, 2022

The exit whether it’s an initial public offering (IPO), being absorbed into a special purpose acquisition company (SPAC), or an outright sale is now a strategic goal for many private company executive teams. With many private equity funds nearing the end of their holding period, finance professionals are increasingly being relied on to navigate the complicated liquidity event and provide the critical oversight needed when developing a company’s new internal control environment.

Read More

Spotlight

Alkanza

Alkanza is an AI based robo-advisor. We strive to make our quantitative know-how and capital markets expertise available to all our clients, in an easy-to-use, intuitive, cloud-based experience. Our portfolio construction engine works with any possible underlying asset (mutual funds, ETFs, single stocks, bonds, etc), as defined by our partners for their clients, to help them achieve their financial goals. After the portfolio is chosen we connect to the client’s brokerage account in order to implement the portfolio, maintain it, and report performance to the client on a monthly basis. We are currently working with partners throughout Latin America, Europe and Asia.

Events