The capabilities of transaction monitoring systems should be commensurate with the financial institution’s (FI’s) risk profile with that involves its mix of products, services, customers, entities and jurisdictions that it serves. The FI’s risk in its different lines of business (Retail, Private, Corporate and Investment Banks) may vary depending on each vertical’s appetite for risk. An effective transaction-monitoring process and system should have the ability to:
Digileap Thought Leadership
Leveraging Technology To Transform Traditional Retail
Retail industry has been through a lot. The Internet has played havoc with traditional departmental stores and their supply chains, and though the notice has been there for a long time, individual preferences of immediate gratification largely expressed as “satisfy me anytime, anywhere at a price I am ready to pay” and the resulting supply chain challenges has led to many new competitors who have used technology well, to break the entry barriers and eat into the incumbent’s traditional share of the market….
Alignment of Enterprise CIOs with Global In-house Centre (GIC) CXOs
Bain had published a report on the alignment and gaps between the priorities of Enterprise CIOs and the leadership of GICs (better known as Captives). It correctly captured the dissonance on some of the areas ( End to End Ownership, Machine Learning et al), while also noting that both were aligned on the Digitalisation and Analytics strategy. As we start 2018, it is worth a review for GIC leaders to see how Machine Learning, Automation, Domain expertise and Continuous Cost Savings can become an integral part of the Captive CIOs strategy….
Right Move KodakCoin, Wrong Move BitCoint – really ?
Last week, we all read about how the announcement of KodakCoin had zoomed its stock price and also about how Jio now plans to launch its own coin. In the same breath, we read about 1 BTC has been valued at $1785 as its real value. While, not commenting upon the exact value, the 2 points that it makes is – is that the price of bitcoin is overinflated and that the traditional market is recognizing the true worth of Crypto-Currency and starting to think about harnessing it ….