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Integrated finance and risk platform for banking and insurance organisations

THE PANEL

  • Hugh Anderson, senior principal, insurance industry value, engineering practice, SAP
  • Mike Russo, senior industry principal – financial services, SAP
  • Hugh Stewart, research director, Chartis Research
  • Moderator: Joel Clark, consulting editor, Risk.net

The pressure is on in banking and insurance organisations – and much of it falls squarely on the shoulders of today’s CFO and CRO. To support regulatory, statutory and management reporting, they need to join forces and deliver a unified, real-time view of finance and risk information. They first have to integrate all the siloed data marts that have sprung up over the years from legacy systems and processes.

Forward-looking financial services institutions are already starting the journey. Chartis Research reports that finance and risk integration is a priority for many leading organisations. Achieving this united coalition can be challenging, but new technology can provide three core pillars needed to realise transformative benefits – such as instant insight-to-action based on real-time information.

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