Banking Architecture

A community for discussing the latest happenings in banking IT. Credit Crunch impacting Risk Systems overall, revamp of mortgage backed securities, payment transformations, include business, technology, data and systems architecture capturing IT trends, 'what to dos?' concerning design of systems.

Retired Member 

About Your Profit and Loss Platform - finally, How?

Dear Bank IT Manager, More than one year ago, I started the blog “About your P&L Platform”. During this time I have tried to explain the Dos and Don’ts, structuring my thoughts in a Six-W analysis: Who: I highlighted the importance of knowing in advance who the users of our platform will be. What: I wrote about the need to dip into details to ...

03 January 2013

Martin Bailey Technology Product Director at Temenos

Up in smoke

When you're about 4 years of age, piggy in the middle is a fun game, but it kind of loses its lustre by the time you get to 5. At the tender age of 42, I don't ever want to play it ever again, but my bank seems to have different ideas. When my wife asked me to make a payment to her friend - no problem, I thought. I've paid her once already, so I al...

18 December 2012 /payments

Retired Member 

About Your Profit and Loss Platform: Understanding Why

Dear Bank IT Manager, It has been a long absence since I wrote down my latest post in March. Well, I have no excuse, at least none that can be made public. During this time several people have contacted me, asking after my silence. I have to admit, though, that some people only wanted to know how my vegetable garden was progressing, they were not ...

06 September 2012

Siddharth Udani Client Partner at Consulting

SEPA - Update May 2012

With immense pressure on the last few miles to run to meet the SEPA timelines, current few interesting challenges faced by banks are common but still time and money consuming. Recently, EBA Day had varied but quite interesting perspectives or gossips around Migration Timelines, Finally ACI or S1, MyBank launch, Wallet/Mobile and the favorite Innov...

21 May 2012 /payments

Retired Member 

About Your Profit and Loss Platform...When?

Dear Bank IT Manager, You might wonder why I have disappeared for a month and a half. Well, it has been a hectic period with a lot of projects commencing at the same time. When are banks going to move away from the projects that strictly follow the calendar year? Why do all engagements need to start on a 1st January and finish on a 31st of Decembe...

01 March 2012 /regulation

Retired Member 

So many devices, so little time

The mobile device market is continually changing, and this makes the technology choices for any company quite challenging. In the last six months, for example, Apple’s iPhone has remained a powerful but minority choice, Android handsets have gained nearly half of the UK smart phone market, Blackberry has seen a decline in use, and Windows mobile d...

14 February 2012

Retired Member 

About Your Profit and Loss Platform No.5 - Where?

Dear Bank IT Manager, I hope that you have had a good Christmas / New Year period: covered by a romantic snow if you are in the North or blessed by a brilliant sunlight if you are in the South. Personally I have to say that I am a little bored of fog, which is very common in my town. In any case my vegetables are growing through cold, ice and fog ...

16 January 2012 /regulation

Retired Member 

Should we blame technology for the current crisis?

“Beware of the geeks bearing formulas” said Warren Buffett. Although aimed at quants and their complex financial models, sometimes I feel this statement is as equally as applicable to members of the IT community like myself who are tasked with helping make such complexities reality. This year, my colleagues and I have had many a discussion on tec...

28 November 2011 /regulation

Retired Member 

About Your Profit and Loss Plaftorm...no.4. Next W - What?

Dear Bank IT Manager, In my last post I committed to send a new update once I ate my first rocket salad. Mission accomplished: It was simply delicious. By the way, you asked what P&L tools and vegetable patches have in common. Let me answer them straight away: Nothing. It is just that my vegetable patch is my passion and I cannot help mentioni...

23 November 2011 /regulation

Retired Member 

About Your Profit and Loss Platform...no.2

Dear Bank IT Manager, My most sincere apologies for being so quiet all this time. But I have been rather busy these last weeks… Did I mention in my latest post that P&L complexity should not be under-estimated? :-) Anyway, let me try to elaborate a little more about the complexity of P&L tools. Here you have a second thought, more to come s...

03 October 2011