As demands on various functions within Banks continue to climb, senior management are relentlessly seeking to streamline core operational and reporting processes in order to create capacity for value added activities, such as decision support.
In recent years, many banks and financial services firms have made significant investments in Enterprise Resource Planning (ERP) systems, Robotic Process Automation and in Business Intelligence (BI). While new technologies give CFO, CRO & CIO’s greater confidence in the integrity and reliability of transactional data, the widespread use of manual spreadsheets to complete core processes, such as financial, management and regulatory reporting, continues to beleaguer even the largest of Banking functions.
Solutions from StraitsBridge
At StraitsBridge, we partners with our clients to analyze business technology issues within the Finance, Risk, Operations & IT functions and beyond.
Our delivery framework offers several tools to support efficient and high quality project results by providing a holistic approach for processes, data, organization and IT to achieve a sustainable reduction in process costs and cost of operation.
We focus on the business impact of technology rather than only on product implementation, and we are not tied to any hardware or software suppliers. As a result, our advice is independent and geared to the specific need of each client.
We also assist banks and financial services organizations with :
- IT strategy
Develop a clear IT strategy that fully supports the CFO, CRO & CIO’s objectives
- Regulatory and Compliance needs
We have a great deal of experience in identifying and controlling financial and operational risks embedded in business systems