Operations In Financial Services

Author : Michael Pinedo,Yuqian Xu
Publisher : Foundations and Trends in Technology, Information and Operations Management
Page : 132 pages
File Size : 50,9 Mb
Release : 2017-12-21
Category : Bank management
ISBN : 1680833367

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Operations in Financial Services by Michael Pinedo,Yuqian Xu Pdf

Operations in Financial Services establishes a framework for this research area from an operations management perspective. The first section presents an introduction and provides an overview of the topic. The second section establishes links between the current state of the art in relevant areas of operations management and operations research and three of the more important aspects of operations in financial services - (i) financial product design and testing, (ii) process delivery design, and (iii) process delivery management. The third section focuses on the current issues that are important in the financial services operations area. These issues center primarily on mobile online banking and trading in a global environment. The fourth section discusses operational risk aspects of financial services. The final section concludes with a discussion on research directions that may become of interest in the future.

Author : Edward L. Melnick,Praveen R. Nayyer,Michael L. Pinedo,Sridhar Seshadri
Publisher : Springer Science & Business Media
Page : 486 pages
File Size : 46,7 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461546054

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Creating Value in Financial Services by Edward L. Melnick,Praveen R. Nayyer,Michael L. Pinedo,Sridhar Seshadri Pdf

Creating Value in Financial Services is a compilation of state-of-the-art views of leading academics and practitioners on how financial service firms can succeed in today's competitive environment. The book is based on two conferences held at New York University: the first, `Creating Value in Financial Services', held in March 1997, and the second, `Operations and Productivity in Financial Services', in April 1998. The book is essentially designed to be a compendium of leading edge thinking and practice in the management of financial services firms. There is no book today that has this focus. It contains ideas that can apply to other service industries. Topics addressed are increasingly important worldwide as the financial services industries consolidate and search for innovative new directions and ways to create value in a fiercely competitive environment.

Author : Michael Pinedo,Yuqian Xu
Publisher : Unknown
Page : 119 pages
File Size : 50,5 Mb
Release : 2017
Category : Electronic books
ISBN : 1680833375

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Operations in Financial Services by Michael Pinedo,Yuqian Xu Pdf

This monograph is an attempt to establish a framework for Operations in Financial Services as a research area from an Operations Management perspective. Operations in Financial Services has not developed itself yet as a well-defined research area within the Operations Management community. It has been touched upon by researchers from various different disciplines, including Operations Management, Statistics, Information Technology, Finance, and Marketing. However, each discipline has a different perspective on what the important issues are and the various disciplines are often at odds with one another. This monograph has been written from an Operations Management perspective.

Author : Ariane Chapelle
Publisher : John Wiley & Sons
Page : 272 pages
File Size : 53,8 Mb
Release : 2019-02-04
Category : Business & Economics
ISBN : 9781119549048

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Operational Risk Management by Ariane Chapelle Pdf

OpRisk Awards 2020 Book of the Year Winner! The Authoritative Guide to the Best Practices in Operational Risk Management Operational Risk Management offers a comprehensive guide that contains a review of the most up-to-date and effective operational risk management practices in the financial services industry. The book provides an essential overview of the current methods and best practices applied in financial companies and also contains advanced tools and techniques developed by the most mature firms in the field. The author explores the range of operational risks such as information security, fraud or reputation damage and details how to put in place an effective program based on the four main risk management activities: risk identification, risk assessment, risk mitigation and risk monitoring. The book also examines some specific types of operational risks that rank high on many firms' risk registers. Drawing on the author's extensive experience working with and advising financial companies, Operational Risk Management is written both for those new to the discipline and for experienced operational risk managers who want to strengthen and consolidate their knowledge.

Author : Gerrit Jan van den Brink
Publisher : Palgrave Macmillan
Page : 0 pages
File Size : 51,7 Mb
Release : 2003-09-16
Category : Business & Economics
ISBN : 1349722227

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Banking/Trading - Operations Management by Gerrit Jan van den Brink Pdf

Operations management is becoming critical among the success factors of financial institutions. Banking/ Trading - Operations Management focuses on the particular challenges and new trends the operations manager has to address, which involves a balancing act between cost optimization and growing business requirements. Banking operations have been developed from data-entry and mass labour-intensive processes to highly automated process controlled environments. This work comprises a mixture of practical and academic elements; it is designed to contribute to better functioning operations departments by providing the tools to implement theoretical concepts in real situations, proven in daily practice.

Author : Alejandro Serrano,Spyros D. Lekkakos
Publisher : MIT Press
Page : 481 pages
File Size : 40,7 Mb
Release : 2020-03-10
Category : Business & Economics
ISBN : 9780262043595

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Practical Finance for Operations and Supply Chain Management by Alejandro Serrano,Spyros D. Lekkakos Pdf

An introduction to financial tools and concepts from an operations perspective, addressing finance/operations trade-offs and explaining financial accounting, working capital, investment analysis, and more. Students and practitioners in engineering and related areas often lack the basic understanding of financial tools and concepts necessary for a career in operations or supply chain management. This book offers an introduction to finance fundamentals from an operations perspective, enabling operations and supply chain professionals to develop the skills necessary for interacting with finance people at a practical level and for making sound decisions when confronted by tradeoffs between operations and finance. Readers will learn about the essentials of financial statements, valuation tools, and managerial accounting. The book first discusses financial accounting, explaining how to create and interpret balance sheets, income statements, and cash flow statements, and introduces the idea of operating working capital—a key concept developed in subsequent chapters. The book then covers financial forecasting, addressing such topics as sustainable growth and the liquidity/profitability tradeoff; concepts in managerial accounting, including variable versus fixed costs, direct versus indirect costs, and contribution margin; tools for investment analysis, including net present value and internal rate of return; creation of value through operating working capital, inventory management, payables, receivables, and cash; and such strategic and tactical tradeoffs as offshoring versus local and centralizing versus decentralizing. The book can be used in undergraduate and graduate courses and as a reference for professionals. No previous knowledge of finance or accounting is required.

Author : Joseph C. Paradi,H. David Sherman,Fai Keung Tam
Publisher : Springer
Page : 370 pages
File Size : 48,9 Mb
Release : 2017-11-21
Category : Business & Economics
ISBN : 9783319697253

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Data Envelopment Analysis in the Financial Services Industry by Joseph C. Paradi,H. David Sherman,Fai Keung Tam Pdf

This book presents the methodology and applications of Data Envelopment Analysis (DEA) in measuring productivity, efficiency and effectiveness in Financial Services firms such as banks, bank branches, stock markets, pension funds, mutual funds, insurance firms, credit unions, risk tolerance, and corporate failure prediction. Financial service DEA research includes banking; insurance businesses; hedge, pension and mutual funds; and credit unions. Significant business transactions among financial service organizations such as bank mergers and acquisitions and valuation of IPOs have also been the focus of DEA research. The book looks at the range of DEA uses for financial services by presenting prior studies, examining the current capabilities reflected in the most recent research, and projecting future new uses of DEA in finance related applications.

Author : Anthony Tarantino
Publisher : John Wiley and Sons
Page : 24 pages
File Size : 47,8 Mb
Release : 2010-12-16
Category : Business & Economics
ISBN : 9780470909683

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Operational Risk Management in Financial Services by Anthony Tarantino Pdf

Banking is at the forefront of the effort to quantify and measure operational risk and as such can be role model beyond the financial services industry. The Basel Committee of the Bank for International Settlements (BIS) has created a new capital accord, known as Basel II. Basel II requires banks to establish an operational risk management (ORM) framework and compute an explicit capital charge for operational risk once it is adopted. This chapter from Goverance, Risk, and Compliance Handbook, by Anthony Tarantino, outlines different approaches, tools, and guidance on operational risk management for financial services companies.

Author : Rowland Hayler,Michael Nichols
Publisher : McGraw Hill Professional
Page : 264 pages
File Size : 55,9 Mb
Release : 2007
Category : Business & Economics
ISBN : 9780071470377

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Six Sigma for Financial Services: How Leading Companies Are Driving Results Using Lean, Six Sigma, and Process Management by Rowland Hayler,Michael Nichols Pdf

Helping you to use Six Sigma and other tools in a wide range of financial service applications; this hands-on guide features actual experiences from frontline managers and executives in financial services firms all around the world. --

Author : Colin Watson
Publisher : Global Professional Pub
Page : 250 pages
File Size : 43,5 Mb
Release : 2013-10-09
Category : Business & Economics
ISBN : 1909170119

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Banking Operations by Colin Watson Pdf

Banking Operations provides an introduction to the main operations of a bank including bank services and products, types of customers, operating accounts, lending and securities. Services covered include: savings and investment accounts, current accounts, lending facilities, money transmission and payment services, share dealing services and advice, investment advice and portfolio management as well as safe custody services. The reader will gain an understanding of the various bank customers and how their accounts are operated from personal customers to business customers, limited companies, clubs and associations and in addition operating and controlling customer's accounts.

Author : Keith Dickinson
Publisher : John Wiley & Sons
Page : 472 pages
File Size : 47,7 Mb
Release : 2015-01-20
Category : Business & Economics
ISBN : 9781118843901

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Financial Markets Operations Management by Keith Dickinson Pdf

A comprehensive text on financial market operations management Financial Market Operations Management offers anyone involved with administering, maintaining, and improving the IT systems within financial institutions a comprehensive text that covers all the essential information for managing operations. Written by Keith Dickinson—an expert on the topic—the book is comprehensive, practical, and covers the five essential areas of operations and management including participation and infrastructure, trade life cycle, asset servicing, technology, and the regulatory environment. This comprehensive guide also covers the limitations and boundaries of operational systems and focuses on their interaction with external parties including clients, counterparties, exchanges, and more. This essential resource reviews the key aspects of operations management in detail, including an examination of the entire trade life cycle, new issue distribution of bonds and equities, securities financing, as well as corporate actions, accounting, and reconciliations. The author highlights specific operational processes and challenges and includes vital formulae, spreadsheet applications, and exhibits. Offers a comprehensive resource for operational staff in financial services Covers the key aspects of operations management Highlights operational processes and challenges Includes an instructors manual, a test bank, and a solution manual This vital resource contains the information, processes, and illustrative examples needed for a clear understanding of financial market operations.

Author : Keith Dickinson
Publisher : John Wiley & Sons
Page : 485 pages
File Size : 54,7 Mb
Release : 2015-03-23
Category : Business & Economics
ISBN : 9781118843918

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Financial Markets Operations Management by Keith Dickinson Pdf

A comprehensive text on financial market operations management Financial Market Operations Management offers anyone involved with administering, maintaining, and improving the IT systems within financial institutions a comprehensive text that covers all the essential information for managing operations. Written by Keith Dickinson—an expert on the topic—the book is comprehensive, practical, and covers the five essential areas of operations and management including participation and infrastructure, trade life cycle, asset servicing, technology, and the regulatory environment. This comprehensive guide also covers the limitations and boundaries of operational systems and focuses on their interaction with external parties including clients, counterparties, exchanges, and more. This essential resource reviews the key aspects of operations management in detail, including an examination of the entire trade life cycle, new issue distribution of bonds and equities, securities financing, as well as corporate actions, accounting, and reconciliations. The author highlights specific operational processes and challenges and includes vital formulae, spreadsheet applications, and exhibits. Offers a comprehensive resource for operational staff in financial services Covers the key aspects of operations management Highlights operational processes and challenges Includes an instructors manual, a test bank, and a solution manual This vital resource contains the information, processes, and illustrative examples needed for a clear understanding of financial market operations.

Author : Brian Barnier
Publisher : Harriman House Limited
Page : 166 pages
File Size : 45,7 Mb
Release : 2011-07-08
Category : Business & Economics
ISBN : 9780857191564

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The Operational Risk Handbook for Financial Companies by Brian Barnier Pdf

The Operational Risk Handbook for Financial Companies is a groundbreaking new book. It seeks to apply for the first time a range of proven operational risk techniques from other industries and disciplines to the troubled territory of financial services. Operational risk expert Brian Barnier introduces a range of sophisticated, dependable and - crucially - approachable tools for risk evaluation, risk response and risk governance. He provides a more robust way of gaining a better picture of risks, shows how to build risk-return awareness into decision making, and how to fix (and not just report) risks. The practical importance of fully understanding and acting on risk to the business begins in the foreword on plan-B thinking, penned by Marshall Carter, chairman of the NYSE and deputy chairman of NYSE Euronext. The book is unique because: - It is not just about modeling and a few basic tools derived from regulatory requirements. Instead, it looks at management of risk to operations across industries, professional disciplines and history to help ops risk leaders become aware of the entire landscape of proven experience, not just their own conference room. - It is not just about compliance. Instead, it looks to operations as part of performance - managing risk to return for shareholders and other interests (e.g. guarantee funds). - It is not content to look at risk in stand-alone segments or silos; instead it takes a systems approach. - It is not just about ops risk leaders sharing war stories at a conference. Instead, it introduces a panel of six financial institution board members who get risk management and provide their perspectives throughout the book to encourage/demand more from ops risk to meet the needs of the institution in the world. - It is not a semi-random collection of tips and tricks. Instead, it is grounded in a risk-management process flow tailored to financial companies from a range of proven experience, providing tools to help at each step. Suitable for companies of all sizes, this book is of direct relevance and use to all business managers, practitioners, boards and senior executives. Key insights from and for each are built into every chapter, including unique contributions from board members of a range of companies. The Operational Risk Handbook for Financial Companies is an essential book for making better decisions at every level of a financial company; ones that measurably improve outcomes for boards, managers, employees and shareholders alike.

Author : Thomas M. Havrilesky,John T. Boorman
Publisher : A H M Publications
Page : 570 pages
File Size : 44,7 Mb
Release : 1980
Category : Business & Economics
ISBN : UOM:39015005925808

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Current Perspectives in Banking by Thomas M. Havrilesky,John T. Boorman Pdf

Author : Gerrit Jan van den Brink
Publisher : Palgrave Macmillan
Page : 416 pages
File Size : 42,9 Mb
Release : 2003-12-19
Category : Business & Economics
ISBN : 140390460X

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Banking/Trading-Operations Management by Gerrit Jan van den Brink Pdf

Banking/Trading-Operations Management is aimed at the practitioner and covers all the issues an operations manager has to address. Gerrit Jan van den Brink and a team of highly experienced contributors examine the current situation and extract best practice from a variety of situations. They look at trends in operations management, and at how operations link into risk and risk adjusted performance measurement, and examine the impact of e-business and the Internet on operational processes.