Information Technology Trend in Development Banks
Alberto Rosati – Latin America Banking Business Development email@example.com
“ The dramatic events ushering in the new century—from globalization and a final.”*
*Goliath Industry and Market Reports on Bank Systems and Technology
. major wave of consolidation to regulatory changes and technology breakthroughs—are compelling development banks[DB] to turn their focus toward efficiency and country relationship development.
Is real IT transformation likely to take place?
Three converging forces appear to make it unavoidable: DBs spreading across geographies Financial transactions are commoditized Regulatory demands are unprecedented.
Drivers to IT transformation
The next 10 years will be defined by:
Accelerated expansion Process efficiency Greater Country sophistication More intense regulatory demands Opening up markets in existing and new member countries
Challenges Faced By Development Banks
DBs require real time system control on their operations DBs are unable to effectively track the development results The credibility of the financial reports becomes questionable Systematic Development Bank-wide management of data Risk measurement and management is becoming increasingly complex
and disseminate knowledge.
The ability to easily search across and retrieve relevant information
A project management system based on complete project lifecycle
A resource management system which improve linkages
Accessibility to data.Advantage IT
An effective IT Solution provide: Operational effectiveness. cultivate. information. internal efficiency Collaborative tools to help create. and knowledge.
Strategies addressing enterprise architecture.Plan for 21st Century IT Transformation
Focus on improving the internal efficiency and Country centricity Go horizontal… Make the transition from banking operations in silos to an integrated organization. process automation and member analytics
. Balance objectives in IT strategy… Balance the use of technology resources to support revenue growth Focus on governance… IT to align with business strategy to improve returns on IT spending.
while gradually replacing the older mainframe systems • IDB has developed facilities using portal technology to provide access to many disparate systems . • And to support DB’s three major information systems initiatives: Knowledge management Project processing and portfolio management Program resource management
Latest Facts: • World Bank IT strategy took the approach of building up integrated systems for sharing of information with member countries • IFC has provided the user interfaces to access existing information. • IADB is planning for implementation of Integrated IT Roadmap to synchronizes their ORG structure • ADB’s initial portal applications are designed to provide access to knowledge management applications Source.ADB’s information Technology Strategy and Capital Expenditure Requirements: 2004–2009 and IADB website
.Need of the Hour
• The information systems and technology infrastructure must be improved to:
support the results-based agenda and Align the systems with the new organizational structure.
management. and reporting on resource management IT supports documentation on study reports for evaluation and record lessons learned
.Identify the IT Role…
IT enhances the capacity to review project processing and portfolio performance IT monitors performance against Millennium Development Goals IT facilitate tracking of activities and investments under development Initiatives IT systems provide the tools to report on project performance at each stage IT supports improved planning.
Hot Solutions for DBs
A comprehensive solution should synchronize with business operations. Some of the latest solutions are: Lending Solutions with an eye and ear to the ground
Innovative Knowledge Management Solution
A comprehensive IFRS solution
An effective development outcome tracking system
Creation of Central Repository -Operational Data Store(ODS) Setting up of an extension of DB’s IT Department in a cost effective professional atmosphere-Offshore Development Centers(ODC)
Source-IFC Capital Budget 2008
Loan Administration System [LAS]
Other Systems Financial Database Controller’s Data Warehouse
LAS WEB. LTS.e-Loan System
Integrated Loan Administration Platform Loan Administration Database
Client Connection Loan Data Warehouse
Loan WEB. Loan Tracking System. Loan Database
Latest Facts: ADB A KM-framework was created in 2002. Vol 1. AFDBThe Bank’s knowledge management capabilities have been upgraded through the introduction of an Integrated Knowledge Management System via intranet and internet sites. No 2 (2005) and AfDB Annual Report 2005
Knowledge Discovery Tools Data Mining Test Retrieval/Mining
Information Feeds Intelligent Agents
Document Depositories (Data Warehouse)
Decision Support Groupware Video Conferencing
Thinking Aids Conceptual Mapping
Infrastructure: Networks-Internet .In June 2004 IT strategy was implemented.
Source-Knowledge Management for Development Journal.
ODS is a central repository for corporate-wide data sharing Data from transaction systems is loaded in the ODS Stores historic data from transaction systems Provides view for other systems for their central reference ODS-design establish an efficient mechanism to store and retrieve valuable business information.
Business and Processes
Accountability for Productivity and Quality of Deliverables
Resources 100% dedicated to Program at a blended rate
ODC operating in a different time zone speed up development time
Flexible Pricing model (T&M. Hybrid)
Infrastructure. Fixed Price. Security as per client’s Office Standards
Savings in capital expenditure
Retention of Knowledge .
• Information on how IT mitigate DB’s business challenges • The universal high level IT roadmap • Information on comprehensive IT Strategy • Sharing of IT experience in developing solutions for Development Banks
Alberto Rosati – Latin America Banking Business Development firstname.lastname@example.org 16