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Data-driven bank: 360-degree view of profitability

22.12.2020 Register

Banks are facing difficult economic conditions, fierce competition from fintech start-ups, the emergence of new business models and an increasingly restrictive, but at the same time a more demanding, regulatory framework. Thus, knowing what drives banks’ profitability is the key to maintaining a competitive advantage.

As many banks find it difficult to calculate the profitability at a granular level of each arrangement or transaction, the presentation will focus on a modern approach to address these challenges. 

You will get familiar with our solution, supported by a strong analytical database that was built to empower business users. Meaning, that once it is configured, the controlling department can manage the whole process by themselves.

We will present the concept behind the solution and conclude with best practise to tackle this kind of project. You will learn how easy it is to:

  • Set up custom multi-level contribution margin schema and any classification or hierarchy through which you want to analyse profitability (i.e. organization unit, product, business segment, customer, arrangement…).
  • Define various multi-step allocation rules that are used by a powerful calculation engine to automatically allocate cost and revenue from the source down to any levels of the selected dimensions.

You are invited to join the discussion and learn how your bank can benefit from our solution based on advanced technology.

Date: Thursday, January 21st 15:00 CET

Duration: 45 minutes (presentation + Q&A)

Presenters:

Grega Jerkič, In516ht
CEO and solution architect

Simona Mravlje, In516ht
Senior consultant with a background in banking