Happy to share, my whitepaper on Financial Spreading #financialspreading is referenced in leadership interview of Mr Hemakiran Gupta (Regional Head, BFSI Europe TCS) for #thebankingscene ========== The small and medium business (SMB) segment is vital for the economic growth of any country; however, this segment is underserved, especially when it comes to credit because SMBs may not have enterprise / financial information structurally available. Banks need to perform significant manual work, such as checking credit scores, evaluating financial performance, and analysing publicly available information including social media posts before they can approve a loan. However, our company has come up with an innovative solution called financial spreading, which is based on AI and ML. This technology can scan the entire marketplace and provide a score to the bank in just 5 to 10 minutes, with an accuracy rate of 85 to 90%. This makes the loan approval process much faster and more efficient. =========================== https://lnkd.in/gpnWyrJG
JM KUMAR (.’s Post
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In the intricate world of BFSI, understanding the internal structure of major players like Morgan Stanley, Lloyds Banking Group UK, and DBS Bank is an unavoidable step. For those seeking a competitive edge, BFSI company-based actionable org charts offer a window into these organizations' complex frameworks, revealing a depth of information that goes far beyond traditional contact lists. Learn more: https://bit.ly/4cAt5u4 bfsikonnect.bizkonnect.com orgkonnect.bizkonnect.com #organizationalcharts #accountmaps #orgchartsofbanks #orgchartsofinsurancecompanies #orgchartsoffinancialinstitutes #orgchartsoffintechcompanies #orgchartsoflendingcompanies #bfsiorgcharts #orgchartmorganstanley #orgchartdbsbank #BFSI
From Morgan Stanley to DBS Bank: What BFSI Org Charts Reveal About Top Financial Institutions
bizkonnect.com
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Banking is a relationship game, tech is only enabler: BFSI Honchos Top BFSI leaders stress that technology cannot replace bankers' domain expertise, citing the industry's inherent need for human interaction and relationship-building. Banking will remain a people-centric business, with technology playing a supporting role. Story by Anushka Sengupta #ETBFSI #BFSI #BankingTech #FintechInnovation #BankingLeadership #DigitalBanking #BFSIInsights #BankingIndustry #BankingInnovation #TechInBanking https://lnkd.in/gDarzdD9
Banking is a relationship game, tech is only enabler: BFSI Honchos - ET BFSI
bfsi.economictimes.indiatimes.com
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Uncover key strategies to building a resilient financial services enterprise 🚀 In today's digitally connected world, financial services resilience is more than a buzzword, it's critical to every one of us in our everyday lives. In this insightful interview with Hemakiran Gupta, Regional Head, Banking & Financial Services Europe at Tata Consultancy Services - UK and Europe, we learn how banks are adapting to the latest regulatory changes affecting operational resilience, and discover how resilience can be strategically cultivated, to not only withstand but thrive amidst challenges and the expectations of consumers and organisations today. Dive deeper to discover what you can do 👇 https://bit.ly/4alRkeH #banking #DORA #resilience
Building a Resilient Financial Services Enterprise
thebankingscene.com
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In today's dynamic financial landscape, Non-Banking Financial Companies (NBFCs) are facing unprecedented challenges. With increased regulatory scrutiny and economic uncertainties, it’s crucial for NBFCs to adapt and thrive. Here are some strategies that can help: 𝟏. 𝐒𝐭𝐫𝐞𝐧𝐠𝐭𝐡𝐞𝐧 𝐆𝐨𝐯𝐞𝐫𝐧𝐚𝐧𝐜𝐞 𝐚𝐧𝐝 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞: Robust governance frameworks and stringent compliance measures are no longer optional. NBFCs must invest in state-of-the-art compliance systems to ensure they meet all regulatory requirements. Regular training sessions for staff on the latest regulations can also mitigate risks. 𝟐. 𝐃𝐢𝐯𝐞𝐫𝐬𝐢𝐟𝐲 𝐅𝐮𝐧𝐝𝐢𝐧𝐠 𝐒𝐨𝐮𝐫𝐜𝐞𝐬: Relying on traditional funding sources can be risky in an uncertain economy. Exploring alternative funding options such as securitization, partnerships with fintech firms, and accessing capital markets can provide a more stable financial base. 𝟑. 𝐋𝐞𝐯𝐞𝐫𝐚𝐠𝐞 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲: Digital transformation is a game-changer. Utilizing advanced analytics, AI, and machine learning can enhance credit risk assessment, improve customer service, and streamline operations. Technology can help NBFCs stay ahead of the curve and respond swiftly to market changes. 𝟒. 𝐅𝐨𝐜𝐮𝐬 𝐨𝐧 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫-𝐂𝐞𝐧𝐭𝐫𝐢𝐜𝐢𝐭𝐲: Understanding and addressing customer needs can create a loyal customer base. Personalized financial products and services, coupled with transparent communication, can build trust and drive growth even in tough times. 𝟓. 𝐄𝐧𝐡𝐚𝐧𝐜𝐞 𝐑𝐢𝐬𝐤 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭: Proactive risk management strategies are critical. Implementing comprehensive risk assessment frameworks and stress testing can help NBFCs identify potential threats early and devise effective mitigation plans. 𝟔. 𝐌𝐚𝐢𝐧𝐭𝐚𝐢𝐧 𝐒𝐭𝐫𝐨𝐧𝐠 𝐋𝐢𝐪𝐮𝐢𝐝𝐢𝐭𝐲:Ensuring sufficient liquidity is essential to navigate economic uncertainties. Building a liquidity buffer and maintaining a healthy cash flow can provide the necessary cushion during turbulent times. By focusing on these strategies, NBFCs can not only withstand regulatory pressures and economic uncertainties but also pave the way for sustainable growth. Let's embrace these changes and turn challenges into opportunities! . . ✅Follow Jitender Bhatt for more💯. . . . . #NBFC #Finance #RiskManagement #DigitalTransformation #EconomicUncertainty #Compliance #CustomerCentricity #FinanceWrapIndia #LinkedInNewsIndia
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https://lnkd.in/gQvmtcrs It's time to finally leave behind arduous, manual processes, where analysts sift through spreadsheets or parse through disconnected data sets. #banking #communitybanking
Small Steps Toward Digital Transformation Aren't Enough
thefinancialbrand.com
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Customer protection, financial stability RBI's dharma, says its former ED Deepali Pant Joshi Delivering a special address at ETBFSI FinNext Summit 2024, Joshi said rapid expansion by FinTechs can be risky; a controlled pace ensures effective performance tracking and proper controls. Dr. Deepali Pant Joshi | Reserve Bank of India (RBI) #RBI #FinTechs #Regulator #Compliance #ETBFSI #ETBFSIFINNEXT #FINNEXT https://lnkd.in/gCs3UGtU
Customer protection, financial stability RBI's dharma, says its former ED Deepali Pant Joshi - ET BFSI
bfsi.economictimes.indiatimes.com
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#CXOs of Regulated Entities in the #financialsector, take note! According to a select assessment by the Reserve Bank of India (RBI), automation of the #compliance monitoring process in supervised entities remains a work in progress. RBI has highlighted the need for comprehensive, integrated, enterprise-wide, and workflow-based solutions/tools to enhance the effectiveness of this function. The solution/tool should provide effective communication and collaboration among all stakeholders, have processes for identifying, assessing, monitoring, and managing compliance requirements, escalate issues of non-compliance, and have a unified dashboard view to the Senior Management on compliance position of the Regulated Entity as a whole. It is time for Regulated Entities, based on the size and complexity of their operations, to decide on the tools/mechanism they would prefer to deploy for monitoring compliance and development of the unified dashboard by leveraging the use of technology for Internal Compliance Monitoring Mechanism. Time now for #ComplianceDashboard collocated with the #BusinessDashboard! #IndianBanks #Banks Read more:
Notifications
rbi.org.in
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TCS Customer Intelligence & Insights helps banks gain insights from existing core banking data to improve customer experience and retention, and reduce loan defaults in retail-consumer, small to mid-size business (SMB), commercial, and corporate banking. To learn more visit https://lnkd.in/evR7rnqs #TCS #Banking #Insights #Analytics
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my.sociabble.com
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From one-click loans to near-instant client onboarding, discover how #Accenture is assisting #BBVA to rewrite the rules of the #banking industry. https://accntu.re/3uLzWAO
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accenture.com
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TCS Customer Intelligence & Insights helps banks gain insights from existing core banking data to improve customer experience and retention, and reduce loan defaults in retail-consumer, small to mid-size business (SMB), commercial, and corporate banking. To learn more visit https://lnkd.in/dXRHqkyp #TCS #Banking #Insights #Analytics
AI-driven insights for personalized banking CX
my.sociabble.com
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