Publications

Requirements Engineering in Private Banking Requirements engineering plays a crucial role in the success of a project, whatever the next technology and regardless of whether the bank’s biggest concern is compliance, digitization, or outsourcing. Requirements engineering commonly refers to the process of identifying and analyzing, documenting, verifying, and maintaining software requirements.To illustrate the crucial role of

Requirements Visualization to Improve the Client Experience Eventually, the shift to digitalization will embrace wealth management and private banking firms. This is the tenor of industry experts. Improving the client experience, they say, has to be a key priority in the firms’ digital transformation. And with good reason: It is the client’s experience with the firm

Private Banking and security in the cloud For wealth management and private banking companies, data security and privacy have always been a top priority. Some senior managers may remember the days when client data was locked up in a standalone database with no connection to any other system in the bank. Those days are over. With

Exploiting Data in Wealth Management Despite the hype, Big Data is not a top priority for private bankers and wealth management CIOs. Maybe it’s just terminology. But more likely, it indicates that private banks don’t exploit the full potential of their data. They should rethink their data management strategy and analysis approach by adopting the technology

Private Banking and Cloud Computing Pilots have always known: don’t fly into a cloud unless you are equipped with the right instruments and know the procedures. CIOs, CTOs, and other senior managers in private banking should learn from them and should not rush into cloud projects without clear objectives, an assessment of the project’s feasibility, and

Turn compliance burden into an advantage The compliance burden in private banking is not getting smaller any time soon. On the contrary, new regulations continue to mushroom, especially in the areas of client protection and tax compliance.Much of the compliance burden affects the front office. The onboarding process, for example, has become increasingly laborious and time-consuming