digital transformation

#Transformation and TCO | Numerix Video Blog Series

Understanding FinTech #Transformation:  In this FOURTH 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 concept of #Transformation. Jim and Paul provide their perspectives on the latest examples of transformation they’re observing in the financial services industry specifically around the cross section of IT spending trends, software vs hardware investment, human capital expense, IT infrastructure, data management and risk analytics innovations. The five segments cover: Defining #Transformation within Financial Services Quantifying #Transformation The Cost of #Transformation #Transformation and TCO: Hewlett Packard Enterprise & Deutsche Bank Case Study Investing in #Transformation: What’s the ROI? Video 4: #Transformation and TCO: Hewlett Packard Enterprise & Deutsche Bank Case Study Jim Jockle (Host): Hi, welcome back to Numerix video blog, I'm your host Jim Jockle. Joining me today, Paul Rowady Director of Research at Alphacution. Hey Paul. Paul Rowady (Guest): Thanks, Jim. Good to be here. Jockle:  Continuing our conversation on quantifying transformation. So we’ve talked about the [...]

By | 2018-02-28T16:36:57+00:00 May 10th, 2016|Alphacution Feed|

The Cost of #Transformation | Numerix Video Blog Series

Understanding FinTech #Transformation: 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 concept of #Transformation. Jim and Paul provide their perspectives on the latest examples of transformation they’re observing in the financial services industry specifically around the cross section of IT spending trends, software vs hardware investment, human capital expense, IT infrastructure, data management and risk analytics innovations. The five segments cover: Defining #Transformation within Financial Services Quantifying #Transformation The Cost of #Transformation #Transformation and TCO: Hewlett Packard Enterprise & Deutsche Bank Case Study Investing in #Transformation: What’s the ROI? Video 3: The Cost of #Transformation  Jim Jockle (Host): Hi, welcome back to Numerix video blog, I'm your host Jim Jockle with Paul Rowady Director of Research at Alphacution Research.  Paul Rowady (Guest): Thanks, Jim.  Jockle: Paul, we’ve been talking about the spend and the investment, Software, Hardware, Opportunities, as it relates to infrastructure as a service, so let’s talk about [...]

By | 2018-02-28T16:37:05+00:00 May 3rd, 2016|Alphacution Feed|

Defining #Transformation within Financial Services | Numerix Video Blog Series

Understanding FinTech #Transformation: 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 concept of #Transformation. Jim and Paul provide their perspectives on the latest examples of transformation they’re observing in the financial services industry specifically around the cross section of IT spending trends, software vs hardware investment, human capital expense, IT infrastructure, data management and risk analytics innovations. The five segments cover: Defining #Transformation within Financial Services Quantifying #Transformation The Cost of #Transformation #Transformation and TCO: Hewlett Packard Enterprise & Deutsche Bank Case Study Investing in #Transformation: What’s the ROI? Video 1: Defining #Transformation within Financial Services Jim: Hi welcome to the Numerix Video Blog I’m your host Jim Jockle. Joining me today Paul Rowady, director of research at Alphacution. Paul, thank you for joining us. Paul: Good to be here Jim. Jim: Continuing our conversation on transformation a word that’s tossed around a lot, as an analyst, why don’t you [...]

By | 2018-02-28T16:37:20+00:00 April 19th, 2016|Alphacution Feed|

#DigitalDisruption: Process Replacement vs. Process Re-engineering

Behold! The first Alphacution video, with our good friend Jim Jockle, Chief Marketing Officer, Numerix. Before you move on to the video, I wanted to add a few comments: In this segment, I emphasize that one of the key challenges faced by large financial organizations - primarily thinking of the largest global banks, since this has been where we have focused much of our analysis and modeling of late - is process refinement or process re-engineering; that the innovation that these banks are most challenged with is more process oriented. The point here is in response to the first question of the following video: Digital Transformation needs to be clearly distinguished from typical, run-of-the-mill change management. Digital transformation involves radical change. Digital transformation is NOT about process refinement, process re-engineering, or a common change management exercise. Digital transformation involves process replacement.

By | 2018-02-28T16:37:34+00:00 March 8th, 2016|Alphacution Feed|

#DigitalFrontier: Guiding Lights for the Analog Galaxy

Before everyone heads off to worship at the Altar of Tryptophan for a few days, I wanted to share some updated analysis: (I promise to keep it as short as possible, but unfortunately no less dense than usual.) In a recent post, #Technical Leverage: Can You Defy Your Scale?, I added Google’s (and Virtu Financial’s) RPE (revenue per employee) analytics to our core assembly of the 51 largest global banks. Given Google’s stand-out RPE of US$ 1.23 million (2014), I developed a hypothesis that this was a common theme among similar Dot.com / Internet-related leaders; that perhaps there was a pattern that would help us better describe and understand the nature of the digital revolution. Before we go to the visual, it is often the case in the search for meaning in new mega-drivers that there is a refinement of language and labeling exercise that needs to take place. After all, if we are too cavalier about the definition of new mega-drivers – if “digital” is in fact new at [...]

By | 2018-02-28T16:38:10+00:00 November 24th, 2015|Alphacution Feed|

#DigitalTransformation: (More) Clues to Shifting Financial Services Technology (Part II)

The following is Part 2 in the series “#DigitalTransformation: Clues to Shifting FinTech” published on November 2, 2015. Digital crumbs don’t discriminate. They illuminate everything. True to this, and despite intense focus on cloud-based offerings, infrastructure-as-a-service (IaaS) and other managed services solutions, the digital transformation in the financial services industry (FSI) is by no means confined to hardware. Software development in FSI is in the midst of its own revolution, as well. In either case, and by my my estimation, overall fintech is now entering its third year of “white-hotness.” As a reminder, in Part 1 of this commentary, we highlighted growing evidence of the shift from capital expenditures (“capex”) to operating expenses (“opex”) for hardware and other infrastructure. In an upcoming post, we will dig a bit deeper into this theme by showcasing what the previously announced multi-billion dollar outsourcing deal between Deutsche Bank and Hewlett Packard (February 24, 2015) means for IaaS and other managed services adoption in FSI generally and for large global banks in specific – [...]

By | 2018-02-28T16:39:19+00:00 November 11th, 2015|Alphacution Feed|

#Digital Research

We live in a “do-as-I-say-not-as-I-do” immersion chamber. Such seemingly benign hypocrisy is so pervasive that we are blindly oblivious to it. And, though there are many targets at which we could point this critique, let’s take the research and advisory business for capital markets and financial services – since the FSI ecosystem is the purpose of the work we are starting here. Digital everything / digital anything quickly went viral; becoming the bumper sticker for 2015. Those of us in thought-leadership and punditry circles spent the last several months insisting to our clients that they absolutely must leave their analog legacies behind and become more digital immediately – or else all manner of doom and gloom will wash over them. Good news: this mantra is way overdue – and will need to be reiterated with greater specificity and maturity for the foreseeable future. And, though becoming increasingly pervasive in industries like retail and entertainment over the past several years, the concept of digital transformation is quite new to the financial [...]

By | 2018-02-28T16:40:00+00:00 October 19th, 2015|Alphacution Feed|