As the pressures of digital disruption force companies to either transform or die, companies in Asia’s BFSI sector are rushing to integrate cutting-edge technologies and roll-out innovative new services to their customers.
Fortunately, thanks to rapidly advancing technologies, developments in the regulatory landscape and the initiative of leading BFSI organisations, we are seeing incredible examples of innovation within the sector on a monthly, if not weekly, basis.
At the most fundamental level an organization only does two things: operations and changes to operations. Regardless of the industry an organization is part of, or whether it is private or public sector, large or small, there is a constant drive to protect and improve operational aspects.
Whether it is launching a new product or service, decreasing costs, protecting infrastructure from failure or preventing regulatory noncompliance, there are numerous areas where an organization wants to change something about how it operates. That’s where projects come in.
In this whitepaper we look at what causes projects to fail so regularly and offer a sustainable approach for improving performance consistently.
Financial management is the heart of project delivery, so why do so many people get it wrong?
Sure, there are some projects that have to be done for regulatory reasons, and there will be a small percentage of initiatives that fall into the speculative category, but sooner or later the projects an organization delivers have to generate a return on investment (ROI).
The old adage is that we manage what we measure. If we aren’t measuring financial information properly, how can we hope to manage our investments effectively?
To learn more about how CA Project & Portfolio Management supports financial management, download today.
Traditional backup systems fail to meet the database protection and recovery requirements of modern organizations. These systems require ever-growing backup windows, negatively impact performance in mission-critical production databases, and deliver recovery time objectives (RTO) and recovery point objectives (RPO) measured in hours or even days, failing to meet the requirements of high-volume, high transactional databases -- potentially costing millions in lost productivity and revenue, regulatory penalties, and reputation damage due to an outage or data loss.
Published By: Cognizant
Published Date: Oct 23, 2018
As financial services firms embrace digital, they need business assurance strategies that extend conventional quality assurance methods to address the nuances of emerging technologies such as blockchain and advanced artificial intelligence (AI). At the same time, they also need assurance that their strategies can accommodate changes in the ever-shifting regulatory landscape wrought by
the acceleration of digital within the core of their businesses.
This white paper explores how financial firms can excel in digital by holistically addressing the quality of business processes built on disruptive technologies while assuring compliance to regulations.
Published By: Cognizant
Published Date: Oct 23, 2018
A group of emerging technologies is rapidly creating numerous opportunities for life sciences companies to improve productivity, enhance patient care and ensure regulatory compliance. These technologies include robotic process automation (RPA), artificial intelligence (AI), machine learning (ML), blockchain, the Internet of Things (IoT), 3-D printing and augmented reality/ virtual reality (AR/ VR). This whitepaper presents a preview of five pivotal technology trends remaking the life sciences industry: AI and automation, human augmentation, edge analytics/ processing, data ownership and protection, and the intermingling of products and services.
Digital transformation is forcing businesses to rethink how collaboration and process occurs across their extended enterprise, blurring the definitions of “back office” and “front office.” It’s also making it increasingly important to get more value out of their content, while also addressing modern security and regulatory requirements.
Although legacy enterprise content management systems helped manage the most sensitive content, they were never designed to accommodate the new mobile, highly agile business processes of the digital age.
A new strategy is needed.
The risk reporting environment for banks has changed. Regulatory
imperatives that were largely driven by the financial crisis of 2007—
such as Dodd-Frank, Principles for Effective Risk Data Aggregation
and Risk Reporting (BCBS 239) by the Basel Committee on Banking
Supervision (BCBS), Comprehensive Capital Analysis and Review
(CCAR) and others—are impacting banks around the globe. These
imperatives are forcing banks to rethink and reinvent how their
systems integrate and how data from across the bank flows into
the aggregated risk and capital reports required by regulatory
agencies. Banks must be able to convey to agencies that the data is
complete, correct and consistent in order to establish that the reports
Increased regulatory scrutiny on the protection levels afforded sensitive information by those that transact and process it is causing enterprises to improve mainframe security strategies. This entails proactively investigating exposures and implementing appropriate policies, processes and technologies, including those for data z/OS tape encryption. Read this Technology Brief created by CA to learn how to identify exposure points and through the use of Tape Encryption.
Compliance requires strong security controls for mainframe environments also. This white paper discusses some major challenges that mainframes bring to compliance, and some key issues that need to be addressed. It also presents some key technologies and approaches that you can use to help you achieve easier compliance for your mainframe systems.
Cost reduction is a key criteria that executives often use when choosing initiatives to focus on. They are the ones that have the greatest potential to impact an organization's bottom line. Across life science organizations, a critical area for cost containment is training management.
This paper summarizes the results of a quantitative benchmarking survey to over 200 Life Science organizations. The study identifies the key compliance and performance improvement training topics they had addressed in 2011 along with key issues for 2012.
SOPs are critical to efficient manufacturing operations, quality control, and regulatory compliance. This paper reviews best practices for the Life Science industry for training on SOPs, and how learning management technology has the potential to improve learner retention through automated assessments.
Third party intermediaries have played starring roles in some of the most highly publicized global corruption trials. By any measure, third party intermediaries routinely rank high on the list of compliance worries for brand companies.
Good Manufacturing Practices (GMP) violations have become the new healthcare fraud as the Department of Justice (DOJ) tests out new legal theories under the False Claims Act (FCA). The Food and Drug Administration (FDA) has dusted off its regulatory authority to prosecute GMP violations.
Published By: LogLogic
Published Date: Mar 15, 2012
Garnering critical IT insight helps organizations and individuals make the right decisions to better serve customers, partners, regulatory bodies and internal employees and answer many important business challenges. This whitepaper describes LogLogic's philosophy and evolution of IT Data Management.
Without a reliable method to locate and change its privileged account passwords, Wings Financial was burdened with a variety of security and regulatory problems. Lieberman Software's Enterprise Password Manager solved all of this - find out how!
Published By: MarkLogic
Published Date: Sep 29, 2017
The clock is ticking: It’s time to future proof your data for MiFID II (and future regulations). Learn how to accelerate your MiFID II Compliance--within 30 days. Download our Quick Start Guide, designed to get you up and running with the major components and related processes for MiFID II, including an approach for building a fully integrated regulatory reporting solution.
In the Quick Start Guide, we’ll cover:
- What our consulting service can help you accomplish in 30 days
- Key factors for your success
- How we work
- Why financial institutions trust MarkLogic for successful MiFID II implementations
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Published By: Anaplan
Published Date: Mar 05, 2015
Financial consolidation systems are the ‘engine room’ of the corporate finance department, enabling companies of all sizes to comply with regulatory reporting requirements, company law and global accounting standards as well satisfy management’s need for periodic management reporting.
But all is not well with standalone consolidations applications that were developed in the 1990’s and which are still commonplace in some of the world’s largest multinationals.
According to one recent report, 47 percent of companies have made substantial investments in the last year in their financial close, filing, and reporting. Yet, despite the considerable sums
of money invested in the process, management teams across the globe remain dissatisfied with the quality and timeliness of management information.
"Companies have complied with data protection directives and regulations for more than two decades. But the General Data Protection Regulation (GDPR), an overhaul of existing European Commission data protection legislation, aims to strengthen and unify those laws for EU citizens. Primary GDPR objectives are to give citizens back control over their personal data and simplify the regulatory environment for international business. For organizations already compliant with Directive 95/46/EC, what do they need to do from a technology perspective to comply with GDPR?
Read this solution brief to see how CA can help you with GDPR compliance."
For life sciences businesses, the supply chain used to mean one thing: getting products from factory or warehouse to distributors or ultimate customers as quickly and economically as possible. Now, with today’s evolving regulatory environment, an increasingly globalized market, more complex health products, and an increased focus on the patient, pharmaceutical companies and medical device manufacturers are looking at their supply chain and logistics needs in a whole new way.
Published By: Workday
Published Date: Jul 19, 2017
It is an exciting and challenging time for CFOs as their role continues to evolve in a dynamic, everchanging business environment. To keep up with the pace of change and steer their companies toward growth, CFOs need to focus on strategic value and how they can support the broader organization. Driving growth, contending with an ever-evolving regulatory environment, delivering deeper and more-strategic business insights, and staying agile as demands change requires a new kind of finance organization. All of this change will continue to lead CFOs to look inward at their finance systems and evaluate if they can help support business demands today and in the future.
Growing concern for the environment is driving increased regulatory and consumer focus on energy and water efficiency – and pump manufacturers are on the front line. To succeed in this demanding new market, pump manufacturers must build smarter pumping systems.
Learn how new PLC and VSD technologies are helping to support smart pumping systems.
The challenges facing industrial companies grow more daunting by the day. Globalization, energy markets that change in real time, variations in materials and prices, aging of the industrial workforce, inability to attract the next generation of Talent, and difficult regulatory pressures have all contributed to an extremely stressful industrial business environment. Fortunately, the right automation system can now offer cutting-edge packaging solutions for meeting at least three of these challenges.
Digital technologies and increasing customer engagement point traditional financial institutions towards a wonderful new world of an enhanced customer experience. Herded by a wave of regulatory ‘enablers’ - through the yin-yang regulations in the form of the GDPR and PSD2 - the industry landscape is ripe for transformation for those willing and able to embrace this new world: connected customer ecosystems beyond their own institutional walls. In doing this, this creates more comprehensive customer journeys - and ultimately, better quality customer experiences.
DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
Our portfolio of live events, online and print publishing, business intelligence and professional development brands are centred on the complexities of technology convergence. Operating in 42 different countries, we have developed a unique global knowledge and networking platform, which is trusted by over 30,000 ICT, engineering and technology professionals.
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