Banking

For your Department: IT


IT can be to the bank what high-tech firms have been to the economy—a catalyst for change and an engine driving rapid growth. Of course, the opposite is also true: IT failures can seriously harm the bank. Why? Technology and information have become so important to how banks operate that even small changes can dramatically affect many areas of the business. This reality is reflected in the amount of IT assets accumulated over years due to large IT budgets, often second only to payroll in size. How many of these assets are still underleveraged, for whatever reason? What impact on results would an across-the-board 10 percent increase in return on IT assets (ROA) have?

Unfortunately, despite the important tasks at hand, IT has been limited in role as enabler and creative pathfinder to the business due to the following barriers:
  • Effective alignment cannot succeed without a common language and unifying map
  • The difficulty of developing more credible, closed-loop measurements of IT's value to the company
  • Lack of good decision-making information for managing IT.
The Performance Manager for Banking, a new book from Cognos, an IBM company, can help IT have more impact in the following key decision areas:
  • Business value map: Where and how does IT drive business value?
  • IT portfolio management: How are IT assets optimized for greatest ROA?
  • Project/SDLC management: Are projects on time, on budget, on target?
  • IT vendor management: Are vendor service levels and costs managed optimally?
  • IT compliance management: Are IT risks and controls managed appropriately?

Download the IT chapter
Download the whole book

More great resources for exploring how performance management can help busy IT departments include:

Webinars: White Papers:
  • The Full Promise of Business Intelligence: Read about the value of a Web Services architecture, how IBM Cognos 8 BI provides all capabilities to all users, and using all data, and how IBM Cognos 8 BI provides a foundation for performance management.

  • Driving Performance with Enterprise Planning: Find out about the role planning plays in performance management, some of the inhibitors to enterprise success, and steps to creating a best-in-class process. 
Find out more about:

Additional Resources:


Enterprise Analystics - Leveraging your Data Warehouse Investment: Risk Cockpit
Online Demo
Demonstration of the IBM-Cognos Banking Risk Management Cockpit Solution.
Read Now
Planning in the Financial Services Industry
White Paper
Find out the technology and best practices for effective budgeting, forecasting, planning, and reporting.
Cognos and Risk Management: Managing Risk Through Business Intelligence
Online Demo
See how business intelligence can help you analyze and report on risk exposure in your company.
Gartner - Toolkit Case Study: Unicredit Leverages BI to Create a New Business Model
Success Story
Find out how Unicredit integrated 90 data sources to create an award-winning environment for modeling and managing risk.
Rapid Scorecarding for financial services
White Paper
Find out the value of scorecarding and the five key steps to creating an effective one.
Cognos Virtual Finance Forum June 4, 2008
Web Link
Practical advice and proven practices to help you solve financial performance management challenges. Access compelling conference sessions, speakers, partner solutions, customer case studies and a wide range of product and solution exhibits. Plus, get expert advice from Thomas Davenport – the world renowned thought-leader on competing with business analytics, and Bryan Hall, Managing Director and Finance Practice Leader at The Hackett Group.
IBM Cognos 8 BI Reporting
Online Demo
See real-world reporting scenarios for casual business users and professional report authors.
Customer profitability in real-world banking: A large global bank finds simple ways to make customers more profitable
White Paper
Read this paper to understand how large banks are leveraging BI to making their customers more profitable.
 
Banking Resources
Business Intelligence in Retail Banking
Analyst Report
Find out how banks are using BI to enhance decision-making and profitability.
The Performance Manager for Banking
Book
Find out the proven strategies for turning information into banking performance management.
Reporting with IBM Cognos 8 Business Intelligence
Online Demo
See real-world reporting scenarios for casual business users and professional report authors.
Customer Profitability in Real-world Banking
White Paper
Read this paper to understand how large banks are leveraging BI to making their customers more profitable.
Virtual Finance Forum June 4
Web Link
Practical advice & proven practices in FPM. Compelling conference sessions, solution demos, and first-hand customer successes.
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