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Boost efficiency through operational innovation in financial services

Insights on Business

Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. Drivers for Operational Innovation. These include driving growth, reducing costs and managing financial risks in a volatile business environment.

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Wealth Management Still a “People’s Business,” Says New Regions Exec

Bank Innovation

robo advisory — is a trend to “watch closely,” according to Kate Randall Danella, Regions Bank’s newest head of private wealth management. Digital advisory — a.k.a. But adoption by the bank is likely years away. It’s a space we are watching closely and having conversations now. We look into how Read More.

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How managed services bring flexible, scalable ‘Next-Gen efficiencies’

Accenture

Some match those facing their peers elsewhere, while others (like the floundering oil price, a troubled real estate market and VAT changes) are more relevant to this region. The post How managed services bring flexible, scalable ‘Next-Gen efficiencies’ appeared first on Accenture Banking Blog.

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ERI CROWNED BEST OPERATIONAL EFFICIENCY SOLUTION AT THE ASIAN PRIVATE BANKER – 7TH TECHNOLOGY AWARDS

Bobsguide

ERI is proud to announce that its digital front-to-back technology platform – the OLYMPIC Banking System – has been awarded Best Operational Efficiency Solution at the Asian Private Banker-7th Technology Awards. ERI has prevailed in one of the most hotly contested categories is testimony to the strength of its cutting-edge solutions.

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JP Morgan: Treasury Innovations Accelerate Digital Transformation

PYMNTS

Morgan , the successful treasury transformation in the Asia Pacific region hinges on digitization — and not simply electronification. Corporates must look at the entire set of processes that govern operations, whether with their own clients or suppliers and with banking partners in the middle, he said.

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Ex-Uber Jump Manager Joins Amazon's eBike Unit

PYMNTS

Amazon has poached former Uber manager Alex Vickers and Justin Ginsburgh , known for starting New York's Citi Bike bikeshare service, to helm its eBike delivery team, CNBC reported. The move shows Amazon potentially moving more into last-mile delivery innovations, with the bikes a possible source of deliveries.

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Banking Innovation Enters New Era; Consolidation Now The Rule

PYMNTS

What makes the current developments so interesting and exciting is that “we're just seeing that they're at the end of the innovation growth cycle,” he explained. Clearly there's regional saturation, which leads to consolidation.”. These aren't small companies or digital innovators,” he noted.