Revolutionizing FinTech and the World of Data Automation – Numerix Video Blog Series
In this THIRD of a five-part video blog series Jim Jockle, CMO of Numerix sits down with Paul Rowady, Director of Research at Alphacution to discuss the recent FinTech Revolution. They discuss how firms are gearing themselves towards a digital culture, and how companies are working to distinguish themselves in this new age. The five videos cover the following: Part 1: Paralysis by Analysis: Preparation & Analyzation for Digital Disruption Part 2: IT Outsourcing and Transformation Part 3: [...]
IT Outsourcing and Transformation – Numerix Video Blog Series
In this SECOND of a five-part video blog series Jim Jockle, CMO of Numerix sits down with Paul Rowady, Director of Research at Alphacution to discuss the recent FinTech Revolution. They discuss how firms are gearing themselves towards a digital culture, and how companies are working to distinguish themselves in this new age. The five videos cover the following: Part 1: Paralysis by Analysis: Preparation & Analyzation for Digital Disruption Part 2: IT Outsourcing and Transformation Part 3: [...]
Paralysis by Analysis for Digital Disruption – Numerix Video Blog Series
In this FIRST of a five-part video blog series Jim Jockle, CMO of Numerix sits down with Paul Rowady, Director of Research at Alphacution to discuss the recent FinTech Revolution. They discuss how firms are gearing themselves towards a digital culture, and how companies are working to distinguish themselves in this new age. The five videos cover the following: Part 1: Paralysis by Analysis: Preparation & Analyzation for Digital Disruption Part 2: IT Outsourcing and Transformation Part 3: [...]
Feed Your Cognitive Taste Buds: Collaboration Will Expedite Validation
As you gorge yourself on the latest curated fire hose of content today, this post may waft onto your cognitive taste buds like a shameless plug. Fine. Like a herd of squirrels, here comes the next and the next and the next tweet anyways, just right for your canine attention span. It's all good, and no hard feelings. We will aspire to catch you with the next tidbit or on a different modality... But for those of you [...]
Ding-a-L-ING Group’s Deconstruction
On Monday, 3 October, ING Group - formerly the Netherlands' largest lender and one of the world's largest financial conglomerates - announced plans to cut 7,000 jobs from its ranks of about 52,000 in order to invest in digital platforms that are expected to generate annual savings of 900 million euros ($1 billion) by 2021. Beyond this, what is fascinating about ING is the rare glimpse it gives us into the post-global financial crisis (GFC) dismantling of one of [...]
Thomson Reuters publishes “Quantifying the Transformation”
Everything takes longer than you initially think it will. Never a truer statement made, particularly when it comes to the following: Negotiated, commissioned and subsequently developed - and then re-vamped - for completion on an expedited timeline last spring (2016), our first annual deep-dive study into technology spending patterns among the largest global banks was only recently published by client-partner Thomson Reuters. We have referenced this work and output regularly over the past several months, but there is [...]
Navigational FinTelligence: The Method and the Madness
This post includes a metaphor, an anecdote and a vision. Ready? Here's the sketch: A magician - who was prone to playing the "long ball" - sought to develop the world's greatest card trick. True to form, the magician asks a volunteer to pick a card, sign his name to it, and put it back in the deck. The magician then claims to transport that card into a tree. When the tree was cut down immediately thereafter, the autographed [...]
Can (Digital) Transformation Be Measured?
A sextant is an optical navigation device used by sailors starting around 1730. With practice, it can prove quite accurate in plotting courses. Though the contemporary digital equivalent - a global positioning system (GPS) - has become the mainstream tool for navigation, sextants are still in use today among a small but avid group of yachtsman, survivalists and cognoscenti. Keep this migration in mind as we walk through today's question: Can (digital) transformation be measured? Our answer to [...]
Bank Technology Rant: You are Noah, This is the Flood…
Do you recognize this guy above? That's right. He's Captain Obvious! Captain Obvious is the guy who preaches to the choir; tells Noah about the flood... Get it? Good. Let's move on. Here's the translation for today's rant: "Noah" is a Top 10 investment bank, the "flood" in this case is McKinsey & Company, or - I suspect - any of the other global management consulting powerhouses. Today, I "learned" from both Financial Times and Business Insider the following (from [...]
Back to the Front: Post-Trade Processing Getting Sexy-er
If you happen to hear the drumbeat of these things called "operational analytics" getting louder, then you just may be dialed in to the subtle downstream impacts of some of today's most common headlines related to financial enterprise transformation. For instance, the fintech revolution we are living through - with all its new-fangled and often overly-hyped gadgetry - is really about harnessing the opportunity for unprecedented process efficiencies. But, while it is a soothing distraction to daydream about deploying [...]
