TechnoSolve Limited
The Time is Now
Shifting Banking I.T. Mindset from Reactive to Proactive
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
KOR Kee Yee, Robert (許起予 )
Managing Director
TechnoSolve Limited
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
EDP DepartmentEDP Department
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
I.T. tells Operations what they can or cannot do.
Operations dictates exact specs on what applications I.T. should be building.
I.T. supports whatever Operations want it
to do – it’s just a SERVICEI.T. does not play significant role in business strategies.
I.T. is PASSIVE4
TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
Technology
TIBS TIBS
TIBS
Hardware
Bandwidth
$$:
Power:
$$:
Power:
I.T. Development
Frozen requirements PassivePlay catch up
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
I.T. should be more
business oriented
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
We need a change.
We cannot afford to be passive
and reactive anymore.
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
How do we build applications that
are proactive and anticipate changes?
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
Although details changes,there’s always some level of
consistencyDon’t implement for a specific instance
Turn volatile parts into parameters of generalize process
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
Mortgage LoanFirst 12 installments – interest rate P-2.7%Afterwards interest rate P
Mortgage LoanFirst 12 installments Fixed Interest Rate 1%13 – 36 installment P-3.75%Afterwards P-2.7%
Personal Loan
0.25%$20,000 - $29,999
0.36%$10,000 - $19,999
0.41% <=$9,999
Monthly Flat RateFinance Amount
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
IWhere I = interest, P = principle amount, r= rate, and t= time
= P * r t*
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
Just like that, we have….
Shielded the code from constant change
Reuse this piece of code over and over again for different parts of the application
Technical concerns like rounding inconsistencies are standardized throughout
Initial “sacrifice” means subsequent need for the same function will enjoy the benefits…
Minimize manpower used to modify and test changes
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
Submitter
Trans-action
SubmitApprover 1 Approver 2
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
DB/2DB/2InformixInformix SybaseSybase
MS SQLMS SQLOracleOracleDB/2DB/2 OracleOracle
DB Engine
Business Logic
UI & Authorization Engine
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
DB/2DB/2InformixInformix SybaseSybase
MS SQLMS SQLOracleOracleDB/2DB/2 OracleOracle
DB Engine
Business Logic
UI & Authorization Engine
DB Engine
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
DB/2DB/2InformixInformix SybaseSybase
MS SQLMS SQLOracleOracleDB/2DB/2 OracleOracle
Business Logic
UI & Authorization Engine
DB Engine
Business Logic
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
DB/2DB/2InformixInformix SybaseSybase
MS SQLMS SQLOracleOracleDB/2DB/2 OracleOracle
UI & Authorization Engine
DB Engine
Business Logic
UI & Authorization Engine
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
DB Engine
Business Logic
UI & Authorization Engine
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
Tying them all together is the…
Workflow
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
Not an absolute fix to the current state of the banking IT industry
Just another option to think about
Generalizations you do today will not work forever – we are bound to miss some factors somewhere
Instead of changing N number of places, change only ONE “engine”.
Change instantaneously enjoyed by all
Making software development management easier
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
Increase customer sophistication
Faster turnaround time
Fiercer competition
Technical advancement
Globalization
Must focus on RISK
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
Basel IIShifting from management of operations
to management of risk
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
How to be proactively building applications with RISK management in mind?
How do you add on to your application to cater to RISK management requirements without affecting the business logic previously written?
How can you seamlessly integrate into one working application?
The challenge:
Questions to ponder20
TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
Shifting from reactive to proactive IT is nothing groundbreaking
Current practices in Banking IT will quickly be unsustainable
BUZZWORDS: Philosophy similar to CMM Level 5, Six Sigma and TQM
Learn from the past
Proactively anticipating what the business will need.
Conclusion – Recap
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
TechnoSolve International Banking System (TIBS)Product Suite
Core Banking Risk Management Coming Soon….
Customer Profile (CIF)
Central Liability Collateral Retail Banking Teller Platform Loans General Ledger UI Engine Security Manager Override Module
Market Risk Engine Credit Risk Engine Operational Risk Engine
Treasury Trade Finance Shares and Stocks
Trading Electronic Document
Management Internet Banking Portfolio Management Customer Relationship
Management Wealth Management
TechnoSolve International Banking System (TIBS)
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TechnoSolve Limited
The Time is Now: Shifting Banking I.T. Mindset from Reactive to Proactive
Robert Kor, November 2005
Contact us:TechnoSolve Limited
www.technosolve-global.comTel +852.2528.0168
Thank you
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