Visionary Corporate Banking
Visionary Corporate Banking
Sponsored by: Deloitte
Darryl Proctor
23 May 2011
1
Source: www.yourdictionary.com
2
IBM had a VISION First commercial IBM Computer 1952
2010 personal IBM (Lenovo )Computer
Storage capacity:
20,960,930,222.080 digits (320 Gb Drive) NA NA
Electrostatic storage capacity: Magnetic drum capacity: Magnetic tape capacity:
20,480 digits. 81,920 digits. More than 8 million digits without changing tape.
Addition and subtraction:
16,000 operations per second.
Addition and subtraction:
Multiplication and division:
2,000 operations per second.
159 000 million instructions per second.
Multiplication and division:
Tape reading and writing speed:
12,500 digits per second.
159 000 Million Instructions per second
Drum reading and writing speed:
8,000 digits per second.
reading and writing speed:
263,680,000 per second
Printed output:
Drum reading and writing speed:
NA.
Printed output:
NA
Punched card input:
180 letters or numbers per second. 600 digits per second.
Punched card output:
400 digits per second.
Punched card input:
NA
Punched card output:
NA
Magnetic drum capacity: Magnetic tape capacity:
Source: www.ibm.com 3
Sir Tim Berners-Lee had a VISION
Car manufacturers now use that vision in there products – they had a vision 4
Corporate banking – it’s part of what we do. Third Party Channels and Systems
Channels Branch
Internet
Sales Support
Mobile
Call Centre
IVR
ATM/POS
Systems
Clearing
SWIFT/RTGS
Market Data
Dealing
Agent
CRM
Customer
Banking Products
Prospects
Campaigns
CIF
SCV
Profiling
Segmentation
Propensity
Origination
Comms.
Case Mgt.
Preferences
Advice*
Credit Score
Rewards*
Limits
Alerts
Profitability
Reg’s/Compliance Reg Reporting
AML
Blacklisting
Doc Mgt.
Basle II
GL & Control
BAM
ETL
ALM Mkt. Risk
Limits
Collateral
Agility Kit Extensibility
Database
Rules Engine
Queries
GIT
Screens
Islamic Microfinance Treasury
Integration, Workflow And Process Orchestration
Management Control Performance
Private Wealth
Service Repository Model Processes
Retail Corporate
Process Workflow
Universal Payments
Common Services Past Due
Collections
User Roles
Doc. Mgt.
Archiving
Reconciliations
Confo. matching
Deposit Boxes
24/7
Images
User Roles
Doc. Mgt.
Company
Currency
Time-zone
Language
5
Manufacturing Catalogue
Design
Pricing
Interest
Charges
Publishing
Corporate banking Constituent Parts Limit account Group account
Group account
USD
GBP
Cash Pool
Cash pool
BANK US
Operating acct USD
Operating acct USD
BANK UK
USD
Operating acct USD
Operating acct
Group account – Total credit line - Client interest rate
Establish Limits
Credit Grade
Set up Collateral
Schedule Revisions
Pre-grace
Initiate Loan
Payment Schedules in Draft
Approve Loan
Confirmed Payment Schedules
Receive Payment? Stop
Grace
Collect Repayment Collect Repayment Collect Repayment
Repayment Fails Past Due
Send Advices Non Accrual Basis
Disburse Funds
Internal Account Manual Write Off
External Account
6
GBP
Cash Pool BANK Germany
BANK Sweden
Concentration acct
Concentration acct EUR
EUR
Limit account - Multi-currency – Total credit line
Apply for Loan
EUR
Operating acct
Cash Pool
Concentration acct
USD
Group account
GBP
Operating acct
Concentration acct
Cash pool BANK UK
USD
Operating acct EUR
Operating acct EUR
Operating acct EUR
Operating acct EUR
Concentration acct – local - compensation Operating account - Participant account - compensation
Corporate Internet Banking
7
Client Input from ARC IB
8
But we have Vision, and it includes Mobile for Corporate
9
T24 on an IPAD (Concept)
10
11
IPAD demo goes here
Live demo of T24 on an IPAD
12
The old way of doing business!
13
The Process starts….
T24
T24
Buyer needs a commodity Fills in form and uploads Downloads results from T24 (charge) Buyer contacts/visits supplier and shares information on required goods Supplier’s device connects to T24 T24 uploads information on Buyer
• Risk information and analytics Feeds ERP System 14
Details Agreed
T24
T24
T24 Suggests Letter of Credit / Collection / Open Acct etc. Buyer / Supplier reach agreement Devices exchange details Purchase Order Sent by T24 / ERP Confirmed by Supplier.
That whole process could take place at that 1 meeting. 15
Letter of Credit Prepared By T24 Automatically
T24
T24
T24 Knows: • Buyer and Supplier information • All deal and risk information • Purchase order / Payment Information Automatically Prepares LC Can be authorised anywhere through IB / Mobile banking. • Buyer or Supplier Side 16
Added Value
Optional Service offerings
LC / Collection document preparation
Transportation documentation and shipping schedules
Management information and analysis
…
17
Supply Chain Finance / Cash Management
T24 actively gathers
Information from ERP • Other Suppliers • Salary/Payroll • Expected Payments • Expected Receipts • Manufacturing cycle
Other bank information • Cash Information
Analyses Information
Actively suggests best use of cash over periods
T24 Combines Internal and external Information
Maximise Interest Minimise OD Keep within CM Strategy
Suggests Borrowing based on:
Cyclical information Supply/Manufacture/buy cycle Issued Invoices Outstanding LC’s / collections and collateral right items Outstanding Loans
T24
18
How do we get there – The Roadmap
Trade Finance Internet Capability Componentization of functionality to allow standalone offering
Cash Management Segregation of retail and corporate cash management. Multi bank cash concentration services Intraday Liquidity Internet Capable Componentization of functionality into standalone offering
Please attend breakout stream B / G for more information “T24 Corporate Banking – 5 Years of Changes and 5 Year Roadmap”
19
The Roadmap
Supply Chain Finance Electronic invoice presentation and payment Greatly enhanced factoring Greatly enhanced forfaiting Internet Capability
Syndicated Lending Front End Internet Banking enabled Syndication Syndication publication / take up via the web Tracking tools from a participant, borrower perspective.
Please attend breakout stream B / G for more information “T24 Corporate Banking – 5 Years of Changes and 5 Year Roadmap”
20
Summary
We have good corporate banking functionality
We already offer rich internet banking functionality
We have web portal capability
We are already available on mobile devices (Retail Banking)
We have a roadmap of planned developments for missing functionality
AND:
We have a Vision 21
Presentation Content Guidelines (continued)
REMINDER Please complete & return your TCF Event Feedback Forms
22
Sponsored by: Deloitte
Darryl Proctor
23 May 2011
1
Source: www.yourdictionary.com
2
IBM had a VISION First commercial IBM Computer 1952
2010 personal IBM (Lenovo )Computer
Storage capacity:
20,960,930,222.080 digits (320 Gb Drive) NA NA
Electrostatic storage capacity: Magnetic drum capacity: Magnetic tape capacity:
20,480 digits. 81,920 digits. More than 8 million digits without changing tape.
Addition and subtraction:
16,000 operations per second.
Addition and subtraction:
Multiplication and division:
2,000 operations per second.
159 000 million instructions per second.
Multiplication and division:
Tape reading and writing speed:
12,500 digits per second.
159 000 Million Instructions per second
Drum reading and writing speed:
8,000 digits per second.
reading and writing speed:
263,680,000 per second
Printed output:
Drum reading and writing speed:
NA.
Printed output:
NA
Punched card input:
180 letters or numbers per second. 600 digits per second.
Punched card output:
400 digits per second.
Punched card input:
NA
Punched card output:
NA
Magnetic drum capacity: Magnetic tape capacity:
Source: www.ibm.com 3
Sir Tim Berners-Lee had a VISION
Car manufacturers now use that vision in there products – they had a vision 4
Corporate banking – it’s part of what we do. Third Party Channels and Systems
Channels Branch
Internet
Sales Support
Mobile
Call Centre
IVR
ATM/POS
Systems
Clearing
SWIFT/RTGS
Market Data
Dealing
Agent
CRM
Customer
Banking Products
Prospects
Campaigns
CIF
SCV
Profiling
Segmentation
Propensity
Origination
Comms.
Case Mgt.
Preferences
Advice*
Credit Score
Rewards*
Limits
Alerts
Profitability
Reg’s/Compliance Reg Reporting
AML
Blacklisting
Doc Mgt.
Basle II
GL & Control
BAM
ETL
ALM Mkt. Risk
Limits
Collateral
Agility Kit Extensibility
Database
Rules Engine
Queries
GIT
Screens
Islamic Microfinance Treasury
Integration, Workflow And Process Orchestration
Management Control Performance
Private Wealth
Service Repository Model Processes
Retail Corporate
Process Workflow
Universal Payments
Common Services Past Due
Collections
User Roles
Doc. Mgt.
Archiving
Reconciliations
Confo. matching
Deposit Boxes
24/7
Images
User Roles
Doc. Mgt.
Company
Currency
Time-zone
Language
5
Manufacturing Catalogue
Design
Pricing
Interest
Charges
Publishing
Corporate banking Constituent Parts Limit account Group account
Group account
USD
GBP
Cash Pool
Cash pool
BANK US
Operating acct USD
Operating acct USD
BANK UK
USD
Operating acct USD
Operating acct
Group account – Total credit line - Client interest rate
Establish Limits
Credit Grade
Set up Collateral
Schedule Revisions
Pre-grace
Initiate Loan
Payment Schedules in Draft
Approve Loan
Confirmed Payment Schedules
Receive Payment? Stop
Grace
Collect Repayment Collect Repayment Collect Repayment
Repayment Fails Past Due
Send Advices Non Accrual Basis
Disburse Funds
Internal Account Manual Write Off
External Account
6
GBP
Cash Pool BANK Germany
BANK Sweden
Concentration acct
Concentration acct EUR
EUR
Limit account - Multi-currency – Total credit line
Apply for Loan
EUR
Operating acct
Cash Pool
Concentration acct
USD
Group account
GBP
Operating acct
Concentration acct
Cash pool BANK UK
USD
Operating acct EUR
Operating acct EUR
Operating acct EUR
Operating acct EUR
Concentration acct – local - compensation Operating account - Participant account - compensation
Corporate Internet Banking
7
Client Input from ARC IB
8
But we have Vision, and it includes Mobile for Corporate
9
T24 on an IPAD (Concept)
10
11
IPAD demo goes here
Live demo of T24 on an IPAD
12
The old way of doing business!
13
The Process starts….
T24
T24
Buyer needs a commodity Fills in form and uploads Downloads results from T24 (charge) Buyer contacts/visits supplier and shares information on required goods Supplier’s device connects to T24 T24 uploads information on Buyer
• Risk information and analytics Feeds ERP System 14
Details Agreed
T24
T24
T24 Suggests Letter of Credit / Collection / Open Acct etc. Buyer / Supplier reach agreement Devices exchange details Purchase Order Sent by T24 / ERP Confirmed by Supplier.
That whole process could take place at that 1 meeting. 15
Letter of Credit Prepared By T24 Automatically
T24
T24
T24 Knows: • Buyer and Supplier information • All deal and risk information • Purchase order / Payment Information Automatically Prepares LC Can be authorised anywhere through IB / Mobile banking. • Buyer or Supplier Side 16
Added Value
Optional Service offerings
LC / Collection document preparation
Transportation documentation and shipping schedules
Management information and analysis
…
17
Supply Chain Finance / Cash Management
T24 actively gathers
Information from ERP • Other Suppliers • Salary/Payroll • Expected Payments • Expected Receipts • Manufacturing cycle
Other bank information • Cash Information
Analyses Information
Actively suggests best use of cash over periods
T24 Combines Internal and external Information
Maximise Interest Minimise OD Keep within CM Strategy
Suggests Borrowing based on:
Cyclical information Supply/Manufacture/buy cycle Issued Invoices Outstanding LC’s / collections and collateral right items Outstanding Loans
T24
18
How do we get there – The Roadmap
Trade Finance Internet Capability Componentization of functionality to allow standalone offering
Cash Management Segregation of retail and corporate cash management. Multi bank cash concentration services Intraday Liquidity Internet Capable Componentization of functionality into standalone offering
Please attend breakout stream B / G for more information “T24 Corporate Banking – 5 Years of Changes and 5 Year Roadmap”
19
The Roadmap
Supply Chain Finance Electronic invoice presentation and payment Greatly enhanced factoring Greatly enhanced forfaiting Internet Capability
Syndicated Lending Front End Internet Banking enabled Syndication Syndication publication / take up via the web Tracking tools from a participant, borrower perspective.
Please attend breakout stream B / G for more information “T24 Corporate Banking – 5 Years of Changes and 5 Year Roadmap”
20
Summary
We have good corporate banking functionality
We already offer rich internet banking functionality
We have web portal capability
We are already available on mobile devices (Retail Banking)
We have a roadmap of planned developments for missing functionality
AND:
We have a Vision 21
Presentation Content Guidelines (continued)
REMINDER Please complete & return your TCF Event Feedback Forms
22
