Description
Book SynopsisThis book, one of three volumes, showcases the effective transformation of companies providing banking and insurance services. This first volume gives a business-oriented introduction to the setting and the current challenges of fintech, regtech, and insurtech and provides an outlook on what will be needed in the future. Specific sub-departments in financial services are examined with a view to accounting, risk, and regulatory segments. The book also addresses the importance of cultural aspects of the coming digital transformation with an eye to requirements that will enable a digital bank or insurance company to thrive in 2025. The angle shifts over the volumes from a business-driven approach in “Disruption and DNA” to a strong technical focus in “Data Storage, Processing and Analysis”, leaving “Digitalization and Machine Learning Applications” with the business and technical aspects in-between.
Table of ContentsPart I. Market View. - Chapter 1. Digitalization Landscape Banking. - Chapter 2. Digitalization Strategy. - Chapter 3. The Knab Story: How We Turned the Bank Around. - Part II. Accounting/Controlling. - Chapter 4. The Need for Resilience and Agility in Finance. - Chapter 5. Value-Driver-Oriented Planning – Management-Oriented Design and Value Driver Identification. - Chapter 6. AI for Impairment Accounting. - Part III. Risk Management. - Chapter 7. Financial Navigator – A Modern Approach to Analytical Banking. - Chapter 8. Actuarial Data Science. - Chapter 9. BSDS – Balance Sheet Dynamics Simulator (Application ABM). - Chapter 10. Breaking New Grounds in Non-Financial Risk Management. - Part IV. Culture and Projects. - Chapter 11. Digi-Cultural Mindset. - Chapter 12. New Project Structure – Agile & Scrum. - Chapter 13. Hybrid Project Management. - Chapter 14. Remote Projects. - Chapter 15. Project Management and RPA. - Part V. Summary.
