BFSI Domain
BFSI Industry – Domain Knowledge
Looking for knowledge and key business information on the BFSI industry?
TechnoFunc brings to you BFSI industry overview, business model, value chain, competitive landscape, and latest trends. The Term BFSI is an acronym for Banking, Financial Services and Insurance and popular as an industry term for companies that provide a range of such products/services and is commonly used by IT/ITES/BPO companies and technical/professional services firms that manage data processing, application testing and software development activities in this domain. Banking may include core banking, retail, private, corporate, investment, cards and the like. Financial Services may include stock-broking, payment gateways, mutual funds etc. Insurance covers both life and non-life.
Learn the various dynamics and challenges in the domain knowledge for BFSI Industry. Quickly enhance your business acumen and talk like an expert and impress your stakeholders in your next meeting!
Banking Industry Value Chain - Understanding Customers of Banks
To understand the business model and value chain of any industry, it is very important to understand the customer profile for the products and services being offered. Modern banking industry caters to different types of customers ranging from individuals to large corporates; serve diverse geographies from rural villages to cross border international operations, utilizes various banking channels like branch network and e-banking. In this article, we will help you understand the diverse customer base that will help you to understand the value chain.
Case Studies & Challenging Projects in Banking Domain
Some good examples of real business projects with high business impact in banking domain. Helps the learner to understand how to create a well-defined project, with clear deliverables providing great learning experience. Short and precise structured output with good use of project management tools
Real life examples of challenges in banking industry & strategies adopted for success
Along with the banking industry’s digital transformation, comes significant challenges in the operational model as well as customer and business strategy to remain competitive. Given in this article are few of the real-life challenges faced by banks, and the strategies adopted by the banks to succeed in the coming year and mitigate the risk posed by these challenges. Overcoming these challenges is not easy and the transition from legacy systems to innovative solutions requires various coordinated steps to survive but thrive in the current landscape.
Identifying growth opportunities in Islamic finance
Islamic finance is available in 56 countries through 1,389 sharia-compliant companies that have total assets under management (AUM) of $2.4 trillion, according to a 2018 study from Thomson Reuters. This article explores how to improve and explore the products, structures, and executions of Islamic Financing in line with the global trend in the financial sector.
Compliance/Regulatory Risk – Example - Basel III
Basel III is an internationally agreed set of measures developed by the Basel Committee on Banking Supervision in response to the financial crisis of 2007-09. The measures aim to strengthen the regulation, supervision, and risk management of banks. Basel III standards are minimum requirements that apply to internationally active banks. Members are committed to implementing and applying standards in their jurisdictions within the time frame established by the Committee. Understand the key considerations of Basel III for a banking institution.
