Inspirational Transformations for Banking:
Using innovative technology in banking takes creativity and gusto. Our presenters at this year’s SAPPHIRE NOW conference had no shortage of either, as they shared their stories of challenging convention with innovative ideas and how they stay competitive in an increasingly complex, fast-paced market.
Discover ideas to inspire you, and learn how others are continuing to push the boundaries of the banking world while managing risk and meeting customer needs with these session highlights.
The BB&T Corporation is one of the largest financial services holding companies in the United States. Gary Coleman, BB&T chief technology officer, shares the company’s journey to a proactive, integrated finance reporting solution using the SAP HANA platform. By using SAP technology solutions, BB&T can drill into data like never before for data visibility that leads to actionable results.
The world’s second-largest reinsurer, Swiss Re, needed an uncomplicated platform that offered real-time insight along with prediction capability and analytics. A common challenge across the industry is the increasing regulation. Thomas Wright, director of finance transformation and IT lead, explains how the SAP Simple Finance solution helped Swiss Re reduced complexity while introducing smart solutions. As Wright says, “It helps us better steer our business.”
Despite its size as the third-largest bank holding company by assets, Citigroup embraces innovation. Brian Norton, Citigroup vice president of global procurement, shares his thoughts on inventive ways to address anti-money-laundering laws and other important regulations through creative data technology solutions. By connecting the dots and introducing advanced analytics, Citigroup is seeing real results that optimize its performance and processes from the ground up.
With increasing regulations and globalization, banking is becoming an even more complex industry. The need to simply find a new technology model to unlock the full potential of resources is more important now than ever before. Michael Fauscette, group vice president of software business solutions at IDC, and Alex Saric, global vice president of business network marketing at SAP, explains how building a stronger network can yield valuable insights to inform decisions across the business and create better working relationships. As Saric explains, “The network can be the glue to optimize your resources.” Pretty strong glue, don’t you think?
It’s time to disrupt the banking industry. Three leaders, including Bob Cummings, the global vice president of the insurance industry business unit at SAP; Daniel Latimore, the senior vice president of banking from Celent; and Kari Escobedo, a consultant known for delivering cutting-edge, innovative technologies and IT development, discuss ways to redefine customer experiences to create greater agility and steal market share.
As regulations continue to increase, adopting innovative technology has become a way to stay competitive in an ever-changing, competitive market. By seeking creative ways to address regulation and manage risk while providing a better customer experience, companies in the banking industry have the potential to truly see a revolution.
Hear more keynotes, sessions, and interviews from the SAPPHIRE NOW conference. Browse the replays now.