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Prasoon Mukherjee

Prasoon Mukherjee Director | Head of Securities Services | GSC-India at Societe Generale Bank

Balancing the Scorecard : Beyond Cost Income Ratio in Agency Banking

In the grand theatre of banking, some actors stride onto the stage clad in heavy armor, risking their own fortunes for applause. Others, lighter on their feet, merely broker the spectacle earning their place without wagering their own wealth. Yet, when the curtain rises on performance metrics, both are judged by the same harsh spotlight : the cost...

/regulation /wholesale Banking

Prasoon Mukherjee

Prasoon Mukherjee Director | Head of Securities Services | GSC-India at Societe Generale Bank

Building an Enduring Workplace - Decoding Organization Culture and Climate

A few weeks ago, I found myself in conversation with a former colleague, an engineer of rare brilliance, once a standout performer at a premier financial institution. Though he had since charted a new course professionally, he remained tethered to the ethos of the place that had shaped his formative years, drawn by a quiet reverence for the organi...

/people /identity High performing teams

Prasoon Mukherjee

Prasoon Mukherjee Director | Head of Securities Services | GSC-India at Societe Generale Bank

AI’s Diminishing Returns : Avoiding the Overreliance Trap in BFSI

“I find it hard to see, how there can be a good return on investment given, the current math.” This warning about AI infrastructure economics is not just for tech investors, but it has a direct bearing on banking and financial services, where the current wave of AI adoption risks building systemic fragility under the banner of innovation. Unlike th...

/ai /predictions Artificial Intelligence and Financial Services

Prasoon Mukherjee

Prasoon Mukherjee Director | Head of Securities Services | GSC-India at Societe Generale Bank

Why Large Language Models May Fall Short for Precise Data Extraction in Banking !

In recent times, large language models (LLMs) have revolutionized the field of natural language processing, demonstrating impressive capabilities in understanding and generating human-like text. However, when it comes to sensitive and complex operations like those within the banking sector, there are valid concerns about relying on LLMs for the ex...

/retail /wholesale Post-Trade Forum

Prasoon Mukherjee

Prasoon Mukherjee Director | Head of Securities Services | GSC-India at Societe Generale Bank

Bridging the 'EQUITY' gap in embracing inclusion.

One of the fundamental reasons diversity in middle management and leadership levels is crucial is because of its potential to foster a broader range of perspectives and ideas. When leaders come from diverse backgrounds, they bring unique insights and experiences that can challenge the status quo, plus question assumptions. This diversity of though...

/people /sustainable Banking

Prasoon Mukherjee

Prasoon Mukherjee Director | Head of Securities Services | GSC-India at Societe Generale Bank

ASSET LIABILITY MISMATCH - (DEVIL AND THE DEEP SEA) SITUATION FOR BANKS

If you are a student of finance studying ALM, the last few weeks must have been quite a perfect academic period to witness the SVB debacle unfold, as you mapped this use case to some of the written down text book theories about ALM situations across balance sheets in general. While it's not entirely wrong to do so, however its also pertinent to un...

/regulation /retail Banking Strategy, Digital and Transformation

Prasoon Mukherjee

Prasoon Mukherjee Director | Head of Securities Services | GSC-India at Societe Generale Bank

COMPUTATIONAL THINKING - The Missing Link Between Ideation and Execution

We often tend to identity reasons of failed software projects with "cost-overrun" , "time-overrun" or "poor quality". A few years back, during conversation with a dear friend, who also happend to be my client at a major investment bank, I was struck hard by his thought on the subject, which still continues to be my gu...

/people /wholesale Outsourcing Banking, Financial Services Operations

Prasoon Mukherjee

Prasoon Mukherjee Director | Head of Securities Services | GSC-India at Societe Generale Bank

Banking on Metaverse

"What is the Matrix?” While Keanu Reeve asking this question in the movie was an act of fiction, in our real world today there are many who are asking the same question referring to metaverse. For most, the extent to which they can stretch their imagination is thinking of it as a virtual space conceived on augmented reality and built for soci...

/people /retail Futuristic Banking

Prasoon Mukherjee

Prasoon Mukherjee Director | Head of Securities Services | GSC-India at Societe Generale Bank

Accounting for Crypto-Assets

Its not uncommon in the world of finance for accountants to encounter challenges related to an evolving discipline for which no accounting standard would have explicitly existed earlier. One example is in the manner how the world of tokens or cryptocurrencies is evolving as no accounting standard currently exists to explain how this asset class sh...

/regulation /crypto Blockchain in Banking and Financial Services

Prasoon Mukherjee

Prasoon Mukherjee Director | Head of Securities Services | GSC-India at Societe Generale Bank

Modernizing Legacy Processes, Business Models and Technology without breaking the Bank.

The onus on traditional enterprises to reinvent and compete with peers is greater than ever. Incumbents across industries are investing to transform their legacy platforms, redesign business processes and continuously innovate their business models to stay relevant. However, transformation strategies aimed at designing modern software applications...

/people /wholesale Banking Strategy, Digital and Transformation

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