Istruzione e Formazione
Banks Learn How to Tap Sustainable Profit From The Gold Rush In Transaction Banking
In the words of the participants:
" " , Executive Vice Chairman,
" " , VP Enterprise Payments Platform & Capabilities, .
" " Head of Commercial Operations, .
" ." Senior Director, Cash Management and Payment Solutions, Commercial Solutions, .
" " , Managing Director, Head of Liquidity, Global Transaction Services, EMEA,
" ." Head of Working Capital & Trade Products, .
" " President of the Management Board, .
" ." , Head of TxB Strategy & Commercial Excellence, .
The need for skilled execution has never been higher with transaction banking growth in 2019 still strong at 9% and double digits in major banks.*The course brought forthintensely practical considerations for banks to help them capitalise on the opportunity. As well as the taught curriculum and participant exercises, the School, again helmed by , CEO, The Roosevelt Group, was made more powerful through the insightful opening address by , Executive Vice Chairman, Mastercard, from practitioner case studies and insights shared by Barclays, ING, Nordea, CIBCand Emirates NBD, from sessions led by , MD, Greenwich Associates, , CEO, Oxford Analytica, , Executive Chairman, InvestUK and closing graduation dinner speaker , COO, Santander UK.
said: "With fintechs coming up with numerous ideas, innovations happening rapidly around the world both in developing and developed countries and bank specialisation on the increase, it has become imperative to have and share best practice worldwide for executing a complex, high potential business like Transaction Banking where technology is a serious enabler. The School's curriculum addresses this square on, equipping senior transaction bankers with an edge in successfully running their franchise."iGTB are committed to raising best practice intransaction banking, and are looking ahead to the next two Schools, starting on 19 June, 2019 in Singapore and 22 April, 2020 , again back in Oxford.
The school, founded in 2016, has the aim of helping senior transaction bankers to run, day-to-day, a successful transaction banking franchise. It is open by invitation only to heads of cash management, payments, liquidity, trade finance, supply chain finance (or equivalents) or above, in banks anywhere in the world. It is an intensive course based on Design Thinking, featuring a curriculum based on a three-level maturity model and six design levers, exercises where scholars practise using Design Thinking on real case studies, case studies of specific banks presented by the leaders in the banks who executed them, with additional speakers covering digital, economics, CEO attitudes, and marketing. The school takes place currently twice a year, once in the prestigious Rhodes House, Oxford, finishing at the exclusive Oxford and Cambridge Club in London , and once in Singapore at the Fullerton Hotel, and also features a networking and cultural programme including a private tour of Oxford. Finally, alumni have private access to an alumnus web site allowing sharing of experiences and learning and featuring prime content on transaction banking. The course ran between 3 and 5 April, 2019 and continues to be sponsored by iGTB, with both iGTB and the Roosevelt Group formulating and moderating it.
The course's curriculum is designed by , Strategy Director, iGTB and Intellect board member, with the aim of teaching " " Andrew was formerly Senior Advisor on Transaction Banking for McKinsey and previously led the global Transaction Banking business for the Lloyds Banking Group, after similar roles previously in Unicredit and Deutsche Bank.
Intellect Design Arena Ltd, a specialist in applying true digital technologies, is the world's first full spectrum Banking and Insurance technology products company, across Global Consumer Banking, Central Banking, Global Transaction Banking (iGTB), Risk, Treasury and Markets, and Insurance. With over 25 years of deep domain expertise, Intellect is the brand that progressive financial institutions rely on for digital transformation initiatives.
Intellect pioneered Design Thinking for cutting-edge products and solutions for Banking and Insurance, with design being the company's key differentiator in enabling digital transformation. FinTech 8012, the world's first design centre for Financial Technology, reflects Intellect's commitment to continuous and impactful innovation to address the growing need for digital transformation. Intellect generates annual revenues of more than USD 169 million , serving more than 240 customers through offices in 40+ countries and with a diverse workforce of more than 4,000 solution architects, domain and technology experts in major global financial hubs around the world.
For further information on the organisation and its solutions, please visit . For information on the solutions for global transaction banking, please visit .
Nachu Nagappan
Intellect Design Arena Ltd
Mob: +91-89396-19676
Email: nachu.nagappan@intellectdesign.com
Zoe Fowke
Intellect Design Arena Limited
Mob: +44-203-9729461
Email: zoe.fowke@intellectdesign.com
* 9% growth in transaction banking revenues and 21% growth in HSBC cash and liquidity in 2018 and 16% in growth in JPMC global treasury services revenue in 2018. Source: "Banks' fastest-growing business is one of their most boring," Laura Noonan, NY, 5 March 2019 , Financial Times.