Recognizing Excellence in Financial Services Transformation

Recognizing Excellence in Financial Services Transformation

FSOkx Excellence Awards 2013

Recognizing excellence in financial services transformation

Categories

  • Excellence in Risk Management Systems and Compliance
  • Excellence in Business Process Management
  • Excellence in Performance Measurement
  • Outsourcing Deal of the Yearin Financial Services Sector
  • Excellence in Data Management

Nominator Profile
Name
Organization
Department
Title
Email
Phone
Best time to contact

Please tick the category/ies you are nominating for

Category/ies
Excellence in Risk Management Systems and Compliance
Excellence in Business Process Management
Excellence in Performance Measurement
Outsourcing Deal of the Year in Financial Services Sector
Excellence in Data Management

1)Excellence in Risk Management Systems and Compliance

  1. Please specify vendor/solution provider’s contact details below

Vendor Profile
Company Name
Contact Name
Address
Phone
Email
Website
  1. Please select the domains served by the nominated solution

Domain Served
Banking
Insurance
Asset Management
Wealth Management
Others (Please specify)
  1. Please select the functionsand processes served by the nominated solution and mention the respective number of FTEs involved

Functions / Processes / # of FTEs involved
Back Office
Front Office
Finance & Accounting
Information Technology
Middle Office
Documents & Records Management
Banking Processes
Insurance Processes
Others (Please name all)
  1. Please select the features offered by the nominated solution

Features
Scenario Analysis and Stress Testing
Tracks, Monitors and Manages Regulatory Requirements
Proactive and Accurate Detection of Compliance Issues
Automates Compliance Administrative Tasks
Enterprise-Level Compliance Platform
Rapid Response to Fraud Techniques and Attacks
Flexibility to Extend Risk Evaluation Criteria
Pattern Recognition Capability
Others (Please specify)
  1. Please mention the details of the deal specific to the nominated solutionbelow

Deal details:
Cumulative Deal Value (in USD) with the vendor:
Term of Deal Contracts with the vendor: / From / To

Please list the Services Covered under the Deal

  1. Please select the benefits realized by you on implementing the nominated solution and explain how?

Client Benefits from solutions
Reduction in time and effort in detecting and reducing fallacies
Reduction in losses
Improved monitoring
Others (Please specify)
  1. How well does the product integrate with the existing infrastructure?

  1. Please specify the solution’s contribution to overall cost reduction.

Percentage Distribution
< 25%
25%-40%
>40%
  1. Please specify solution’s contribution to overall efficiency enhancement.
  1. Which regulatory standards does the solution offer?

Regulations
Basel III
FINRA (KYC)
Durbin Amendment
Volcker Rule
Private Fund Investment Advisers Regulation Act
Wall Street Transparency and Accountability Act (OTC Derivatives Regulations)
Uniform Fiduciary Standards for Advisers and Brokers
FATCA
Others (Please name all)
  1. What is the unique value proposition of the nominated solution?
  1. How long did it take to deploy the solution and train the users of the solution at your end?
  1. Any challenges faced while deploying the capabilities at your end?
  1. Does the vendor have the domain expertise to support and enhance the system with changing business needs? If yes, is the solution modular and flexible enough to meet business needs?
  1. Satisfaction level from the support services offered along with the solution. How?
  1. Any notable aspects of the governance process adopted by you?
  1. How has the nominated solution impacted your business? (In terms of cost reduction, time savings, efficiency enhancements, increasing transparencies etc.)?
  1. What is the support structure of the product on-shore and other locations of your operations?
  1. What was the most attractive service promise from the vendor?
  1. How often do you review the performance of the relationship?

Please mail the completed form to

2)Excellence inBusiness Process Management

  1. Please specify vendor/solution provider’s contact details below

Vendor Profile
Company Name
Contact Name
Address
Phone
Email
Website
  1. Please select the domains served by the nominated solution

Domain Served
Banking
Insurance
Asset Management
Wealth Management
Others (Please specify)
  1. Please select the functionsand processes served by the nominated solution and mention the respective number of FTEs involved

Functions / Processes / # of FTEs involved
Back Office
Front Office
Finance & Accounting
Information Technology
Middle Office
Documents & Records Management
Banking Processes
Insurance Processes
Others (Please name all)
  1. Please select the features offered by the nominated solution

Features
Automated Information Flows and Business Processes
Real-time Interactive Business Process Monitoring
Adaptive to New Rules and Policies
Simulation with Cost and Time for Process Optimization
Integrate Legacy systems and new components
Increase the speed-to-market of products
Others (Please specify)
  1. Please mention the details of the deal specific to the nominated solution below

Deal details:
Cumulative Deal Value (in USD) with the vendor:
Term of Deal Contract with the vendor: / From / To

Please list the Services Covered under the Deal

  1. Please select the benefits realized by you on implementing the nominated solution and explain how?

Benefits from solution
Reduction in Business Process Cycle Time
Transparency and Monitoring
Failure Recognition
Exception Management Capabilities
Reduction in Management Overhead
Increase in Throughput Capacity
Elimination of Manual Steps
Others (Please specify)
  1. How well does the product integrate with the existing infrastructure?

  1. Please specify the solution’s contribution to overall cost reduction.
Percentage Distribution
< 25%
25%-40%
>40%
  1. Please specify solution’s contribution to overall efficiency enhancement
  1. What is the unique value proposition of the nominated solution?
  1. How long did it take to deploy the solution and train the users of the solution at your end?
  1. Any challenges faced while deploying the capabilities at your end?
  1. Does the vendor have the domain expertise to support and enhance the system with changing business needs? If yes, is the solution modular and flexible enough to meet business needs?
  1. Satisfaction level from the support services offered along with the solution. How?
  1. Any notable aspects of the governance process adopted by you.
  1. How has the nominated solution impacted your business? (In terms of cost reduction, time savings, efficiency enhancements, increasing transparencies etc.)?
  1. What is the support structure of the product on-shore and other locations where you have operations?
  1. What was the most attractive service promise from the vendor?
  1. How often do you review the performance of the relationship?

Please mail the completed form to

3)Excellence in Performance Measurement

  1. Please specify vendor/solution provider’s contact details below

Vendor Profile
Company Name
Contact Name
Address
Phone
Email
Website
  1. Please select the domains served by the nominated solution

Domain Served
Banking
Insurance
Asset Management
Wealth Management
Others (Please specify)
  1. Please select the functions and processes served by the nominated solution and mention the respective number of FTEs involved

Functions / Processes / # Of FTEs involved
Back Office
Front Office
Finance & Accounting
Information Technology
Middle Office
Documents and Records Management
Banking Processes
Insurance Processes
Others (Please name all)
  1. Please select the features offered by the nominated solution

Features
Sophisticated Models for Risk-Reward Strategies
Generating Management Reports for Performance
Data Consolidation from Multiple Sources and Analysis
Visibility of counterparty performance
Integrate planning and budgeting tools into single intuitive user interface
Develops, evaluate and communicate the strategy across enterprise
Others (Please specify)
  1. Please mention the details of the deal specific to the nominated solution below

Deal details:
Cumulative Deal Value (in USD) with the vendor:
Term of Deal Contract with the vendor: / From / To

Please list the Services Covered under the Deal

  1. Please select the benefits realized by you on implementing the nominated solution and explain how?

Benefits from solution
Improved Decision Making
Enhanced Visibility for Fund Managers
Increased Efficiency
Elimination of Manual Steps
Improve customer acquisition and retention
Reduce litigation risk
Others (Please specify)
  1. How well does the product integrate with the existing infrastructure?

  1. Please specify the solution’s contribution to overall cost reduction.
Percentage Distribution
< 25%
25%-40%
>40%
  1. Please specify solution’s contribution to overall efficiency enhancement
  1. What is the unique value proposition of the nominated solution?
  1. How long did it take to deploy the solution and train the users of the solution on your end?
  1. Any challenges faced while deploying the capabilities at your end?
  1. Does the vendor have the domain expertise to support and enhance the system with changing business needs? If yes, is the solution modular and flexible enough to meet business needs?
  1. Satisfaction level from the support services offered along with the solution. How?
  1. Any notable aspects of the governance process adopted by you.
  1. How has the nominated solution impacted your business? (In terms of cost reduction, time savings, efficiency enhancements, increasing transparencies etc.)?
  1. What is the support structure of the product on-shore and other locations where you have operations?
  1. What was the most attractive service promise from the vendor?
  1. How often do you review the performance of the relationship?

Please mail the completed form to

4)Outsourcing Deal of the Yearin Financial Services Sector

  1. Please specify service/solution provider’s contact details below

Vendor Profile
Company Name
Address
Phone
Email
Website
  1. Please select the domains served in the nominated deal

Domain Served
Banking
Insurance
Capital Markets
  1. Asset Management

  1. Wealth Management

  1. Hedge Funds

  1. Exchanges

  1. Broker / Dealer

Mortgage Services
Others (Please specify)
  1. Please mention the details of the nominated deal below

Deal details in 2011-12:
Cumulative Deal Value (in USD):
Type of Deal: Ongoing / Yes / No
Term of Deal: / From / To

Please list the functions/servicescovered under the deal

  1. Year in which your association was formed with the service/solution provider
  1. Three reasons why you think this deal deserves the FSO Excellence Award

1)

2)

3)

  1. Any notable aspects of the governance process adopted by you.
  1. How has the outsourcing agreement impacted your business(in terms of cost reduction, time savings, efficiency enhancements, increasing transparencies etc.)?
  1. What is the support structure of the product on-shore and other locations where you have operations?
  1. What was the most attractive service promise from the vendor?
  1. How often do you review the performance of the outsourcing relationship?

Please mail the completed form to

5)Excellence in Data Management Solutions

  1. Please specify vendor/solution provider’s contact details below

Vendor Profile
Company Name
Contact Name
Address
Phone
Email
Website
  1. Please select the domains served by the nominated solution

Domain Served
Banking
Insurance
Asset Management
Wealth Management
Others (Please specify)
  1. Please select the functions and processes served by the nominated solution and mention the respective number of FTEs

Functions / Processes Serviced / # Of FTEs involved
Back Office
Front Office
Finance & Accounting
Information Technology
Middle Office
Documents and Records Management
Banking Processes
Insurance Processes
Others (Please name all)
  1. Does the product have an impact on the following Functions within data management?

Functions / Processes Serviced
Data Governance
Data Quality
Data Warehousing
Master Data Management
Data Aggregation
Data Migration
Data Synchronization
Others (Please name all)
  1. Please select the features offered by the nominated solution

Features
Finds and fixes data quality problems
Single view of all legal entity data
Integrate data in real time from multiple heterogeneous data sources
Handles extremely high volume of data
Others (Please specify)
  1. Please mention the details of the deal specific to the nominated solution below

Deal details:
Cumulative Deal Value (in USD) with the vendor:
Term of Deal Contracts with the vendor: / From / To

Please list the Services Covered under the Deal

  1. Please select the benefits realized on implementing the nominated solution

Benefits from Solution
Streamline data quality management and monitoring
Provides comprehensive view of all data
Accelerate Data Delivery
Better Risk Management and Ensure Compliance
Others(please specify)
  1. Please specify the solution’s contribution to overall cost reduction.

Percentage Distribution
< 25%
25%-40%
>40%
  1. Please specify solution’s contribution to overall efficiency enhancement.
  1. What regulatory standards does the solution offer?

Regulations
Basel III
FINRA (KYC)
Durbin Amendment
Volcker Rule
Private Fund Investment Advisers Regulation Act
Wall Street Transparency and Accountability Act (OTC Derivatives Regulations)
Uniform Fiduciary Standards for Advisers and Brokers
FATCA
Others (Please name all)
  1. What is the unique value proposition of the nominated solution?
  1. How long did it take to deploy the solution and train the users of the solution at your end?
  1. Any challenges faced while deploying the capabilities at your end?
  1. Does the vendor have the domain expertise to support and enhance the system with changing business needs? If yes, is the solution modular and flexible enough to meet business needs?
  1. Satisfaction level from the support services offered along with the solution. How?
  1. Any notable aspects of the governance process adopted by you?
  1. How has the nominated solution impacted your business? (In terms of cost reduction, time savings, efficiency enhancements, increasing transparencies etc.)?
  1. What is the support structure of the product on-shore and other locations where you have operations?
  1. What was the most attractive service promise from the vendor?
  1. How often do you review the performance of the relationship?

Please mail the completed form to

Top View