Sessions brought to you by...
McKinsey & CompanyIn challenging times it can be all too easy to focus on short-term problems and develop short-term solutions. At McKinsey, we are committed to helping companies overcome their immediate issues with an eye to sustaining success after the crisis has passed in what will be a new competitive landscape. During Sibos 2009, we will be sharing some of our insights on the payments business, transaction banking and operations in financial services based on our extensive experience and proprietary McKinsey surveys. Join us for our sessions on Tuesday and Wednesday.
McKinsey Solutions - Insights and Approaches Designed For Impact
In addition to our scheduled presentations, we also offer the opportunity to discover new innovative services built on McKinsey’s knowledge and expertise. Our innovative new services offer direct external access to some of our most distinctive proprietary knowledge, enabling you to leverage it for your strategic planning, decision-making, and operations.
Our experts will be on-hand to demonstrate some of these solutions to you, showing how the combination of experts and expertise, tools, frameworks, and approaches enable your organization to successfully tackle the challenges it faces.
McKinsey Solutions address many business functions and industry sectors. Current offerings include, e.g., Global Banking Pools to identify pockets of growth opportunities, Insights China to seize opportunities in China, CCI Desk to support decision-making under uncertainty, or P360° to optimize back-office performance.
|
|
| Maximizing the value of securities services in Asia |
Tuesday 15 September, 13:00 - 13:45
The past year has seen a radical reshaping of capital markets business models. Away from the headline-grabbing collapses, some product categories have all but shut down. With a move toward lower-margin flow volumes and near-term revenues looking uncertain, many banks are taking a good hard look at their IT/Ops costs. How can banks cut deep and fast, while still maintaining some flexibility for the future? This session will outline a cost-per-trade approach to designing a transformation program that can help banks reduce costs and improve scalability, and enable a structural change to the processing model.
- Tommaso Natale, Partner, McKinsey & Company
- Anna Yip, Partner, McKinsey & Company
|
| Managing regulatory change: Steering payments through a world of changing rules |
Tuesday 15 September, 14:00 - 14:45
Every aspect of banking is facing regulatory change. We discuss a proactive approach to managing the regulatory process, drawing on lessons learned in financial services and beyond. Strategies are outlines in the context of competitive scenarios that emerge from major regulatory change.
- Olivier Denecker, Senior Payments Knowledge Expert , McKinsey & Company
|
| Seizing the benefits of a cost-per-trade approach |
Tuesday 15 September, 15:00 - 15:45
Away from the headline-grabbing collapses of some capital market business models, some product categories have all but shut down. Customers are moving toward lower-margin flow volumes putting short-term revenues at risk. This is leading many banks to take a long hard look at their IT and Operations costs. How can banks cut deep and fast, while still maintaining flexibility for the future? This session outlines the benefits of a cost-per-trade approach to designing a transformation program. The outcome should be lower costs, greater scalability, and a structural change to the processing model.
- Charlie Nunn, Partner, McKinsey & Company
|
| Capturing the value of reduced complexity |
Tuesday 15 September, 16:00 - 16:45
Unnecessary complexity exists throughout the value chain. As banks try to return to the core business, they have an excellent opportunity to seek and strip out complexity to create value. This session examines the levers banks can pull in processes, products, channels and IT and discusses how to deliver both long-term success as well as quick wins.
- Wouter De Ploey, Partner, McKinsey & Company
- Chris Ip, Partner, McKinsey & Company
|
| Transaction banking’s role in the battle for corporate deposits |
Wenesday 16 September, 10:00 - 10:45
In response to the crisis, banks are having to develop a more efficient funding profile. Several players are seizing the value of their global transaction banking business in acquiring and retaining corporate deposits. In this discussion we will explore how these leading banks are competing for deposits using transaction banking and other levers, and what lessons can be learned.
- Jan Bellens, Partner, McKinsey & Company
- Charlie Nunn, Partner, McKinsey & Company
|
| Getting to grips with counterparty risk |
Wednesday 16 September, 13:00 - 13:45
Last year's collapse of Lehman Brothers during Sibos 2008 brought home to everyone the real threat of counterparty risk. A year on, we are conscious that wholesale banks have yet to tackle the issue head on. This session will highlight some of the key issues and root causes of counterparty risk that we have observed in different wholesale banks, and the impact they have on performance. We will illustrate how banks tackle these issues and describe key operational and IT levers to improve counterparty risk management, with particular attention to transactional banking.
- George Nast, Partner, McKinsey & Company
- Anna Yip, Partner, McKinsey & Company
|
| Steering transaction banking through tough times |
Wednesday 16 September, 15:00 - 15:45
A review of McKinsey’s global payment profit pools will set the stage for an exploration of the structure of the global transaction banking business in the context of the financial crisis, and allow us to consider how to achieve superior performance in a challenging market.
- Olivier Denecker, Senior Payments Knowledge Expert, McKinsey & Company
- Akash Lal, Associate Principal, McKinsey & Company
- Steve Ledford, Associate Principal, McKinsey & Company
|
| Exploring myths and realities in banking operations & technology |
Wednesday 16 September, 16:00 - 16:45
Banks have, over the years, held firm to several core beliefs that have driven Operations & Technology performance. But, to what extent are these beliefs pushing banks to outperform competitors? Are some of them simply outdated? This session will draw on McKinsey's extensive global benchmarking surveys in IT and Operations across banks to see which myths can be exploded and to reveal where the reality lies.
- Akash Lal, Associate Principal, McKinsey & Company
|
|
|
|
