TechnoSolve Limited The Time is Now Shifting Banking I.T. Mindset from Reactive to Proactive 1

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



EDP DepartmentEDP Department

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TechnoSolve Limited



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



Technology

TIBS TIBS

TIBS

Hardware

Bandwidth

$$:

Power:

$$:

Power:

I.T. Development

Frozen requirements PassivePlay catch up

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I.T. should be more

business oriented

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We need a change.

We cannot afford to be passive

and reactive anymore.

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TechnoSolve Limited



How do we build applications that

are proactive and anticipate changes?

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TechnoSolve Limited



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



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



IWhere I = interest, P = principle amount, r= rate, and t= time

= P * r t*

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TechnoSolve Limited



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



Submitter

Trans-action

SubmitApprover 1 Approver 2

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TechnoSolve Limited



DB/2DB/2InformixInformix SybaseSybase

MS SQLMS SQLOracleOracleDB/2DB/2 OracleOracle

DB Engine

Business Logic

UI & Authorization Engine

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TechnoSolve Limited





DB Engine

Business Logic


DB Engine

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TechnoSolve Limited





Business Logic


DB Engine

Business Logic

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TechnoSolve Limited






DB Engine

Business Logic


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TechnoSolve Limited



DB Engine

Business Logic


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TechnoSolve Limited



Tying them all together is the…

Workflow

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TechnoSolve Limited



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



Increase customer sophistication

Faster turnaround time

Fiercer competition

Technical advancement

Globalization

Must focus on RISK

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TechnoSolve Limited



Basel IIShifting from management of operations

to management of risk

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TechnoSolve Limited



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



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



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



Contact us:TechnoSolve Limited

www.technosolve-global.comTel +852.2528.0168

Fax [email protected]

Thank you

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TechnoSolve Limited The Time is Now Shifting Banking I.T. Mindset from Reactive to Proactive 1