While financial institutions have access to vast quantities of data, it is often trapped in a myriad of legacy systems that makes extraction, consolidation, cleansing and analysis all but impossible. As a result, they are exposed to competitive threats from new market entrants, falling further behind in addressing regulatory mandates, and generally slowing the execution of their organization's strategy. Embarking on a journey to modernize their finance operations by unifying finance data and processes can help financial institutions improve efficiency, financial transparency, and regulatory compliance to fuel growth.
Oracle Financial Services presents a 4 part webinar series where peers and practitioners in the financial services sector discuss modernizing finance operations and how they can gain from centralized financial accounting, profitability analytics, connected planning & forecasting and regulatory compliance.
Title: Scale New Heights with Next Level Profitability Management
Duration: 1 hour
Financial Institutions have typically managed profitability with a rear-view lens, communicating outdated and inaccurate information to executive management. Many struggle to achieve true risk-adjusted performance by customer, line of business, and product due to incorrect data and manual processes often leading to misinformed business decisions about what to sell, in which markets, to which customers, and at what price based on inaccurate, slow-moving information. Today’s market requires real-time profitability insights to deliver actionable answers to improve expense ratios and profit margins.
Join us to hear from peers and practitioners in financial services discussing the latest transformative technologies to generate actionable profitability insights.
Key discussion points
MD and Global Head Financial Planning & Analysis / Standard Chartered
Senior leader with significant experience in Regulatory Compliance, Risk, Recovery and Resolution Planning, Stress Testing, Change Management, Project Management.
Eleanor has experience in developing and implementing operating model changes in global teams as well as delivering significant change programmes. She also has experience dealing with regulators globally at the most senior levels.
Senior Vice President, Budgeting & Management Reporting Division Head / Akbank
Experienced Senior Vice President with strong leadership and innovative skills. Designed and executed the transformation of Finance function. Strong skills in Planning, Budgeting, Analytics, Head Office Reporting, Financial Reporting, Managing Treasury Funds, Cash Flow Management, Expense Management, Management Reporting, Performance Management, Dashboards, Strategic Cost Management, Financial Risk, Risk Management.
Head of Products and Channel Economics / Tangerine
As part of the leadership team, lead and oversee strategic planning, pricing and performance optimization of products across all channels for Tangerine Bank. Collaborating across stakeholders to develop and execute product strategies while deepening client relationships. Interpreting client behaviour, macro economic trends to inform business decisions that support strategic growth. Providing expertise and advice to the executive team & Board of Directors on priorities and outcomes including strategies. Championing change management & supporting business transformation through thoughtful leadership. Driving business insights through the combination of financial analysis and customer analytics. Excellent communication and interpersonal skills. A people manager leading specialized teams providing decision making insights.
Head of Client and Business Analytics / HSBC
Specialist in finance, strategy, data & analytics in financial services context coupled with hands on experience in design and implementation of large scale global restructure and change programmes. Key focus Data & Analytics to drive business performance, Use of Analytics to drive sustainability.
20+ years experience in CFO/COO roles within International Investment & Commercial Banking, in multiple global locations.
Senior Director / Oracle Financial Solutions
Ms. Saloni Ramakrishna is Senior Director; Global Solutions Team, Oracle Financial Services Analytics.
With more than 20 years experience in the Analytics space across Risk, Compliance, Customer & Performance domains, she has worked both in and with banks. In her role, Ms. Saloni Ramakrishna has advised and architected solutions for complex business requirements in Risk, Compliance, Performance and Customer space for large number of financial institutions across diverse geographies globally. She comes with hands on experience of implementing Analytical solutions.
In her role, Ms. Saloni Ramakrishna interacts with Senior Management of Banks & Financial Institutions as well as Senior Regulators across South Asia, Asia Pacific and Japan in the Risk, Performance & Compliance space. In her twelve years at Oracle Financial Services she has led the design, development and implementation of its Analytical solutions.
Ms Saloni Ramakrishna, as a lead speaker & thought leader, has addressed several national and international banking and finance forums like GARP, Ops Risk Asia, Asian banker, IDC events etc, on industry trends surrounding data & Information architecture & management, compliance, risk management & business analytics. She has presented papers at national and international seminars and conferences. Her articles have been published in pan-regional newspapers and magazines and she has been interviewed and quoted extensively in professional publications and news papers across the region.
Ms Saloni Ramakrishna graduated with a double Masters (Master of Arts & Master of Business Administration (MBA Finance)) and has rich hands on banking experience of over 15 years in almost all areas of Banking, specializing in Credit, Compliance, Finance and Asset Liability Management. As a banker, she was part of policy making bodies, both at the Banks she worked, as well as industry level committees.
Title: Gain Business-Critical Insights with an Automated Financial Close
Duration: 1 hour
Financial institutions are under increased pressure to maximize finance and accounting efficiencies, increase automation, and provide insightful analytics. However, it can be daunting to overcome the evident obstacles in data sourcing and standardization, managing many segments in chart of accounts, GL discrepancies, and source systems. Achieve a faster close when you embark on an integrated accounting modernization journey.
Join us to hear from peers and practitioners in financial services discussing how a faster close process enables maximized time and effort for faster and better decisions.
Key discussion points
Chief Accounting Officer and Financial Transformation Executive / KeyBank
Douglas Schosser currently serves as the Chief Accounting Officer and Transformational Finance Executive at Keybank. He recently led a $60MM long-term program to migrate finance and accounting platforms to Workday Financials while reimagining processes to increase efficiency and leverage financial data to drive business insights. Douglas is an accomplished professional with extensive experience and a leadership focus on building a culture of forward thinking, transparency, collaboration, continuous improvement, accountability, and disciplined execution.
Chief Financial Officer / FCA BANK GMBH
Global Head, Risk and Finance Solution Consulting / Oracle Financial Solutions
Yogendra Singh is Global Head, Solution Consulting at Oracle Financial Services.
He manages Oracle's Financial Services Analytical Applications (OFSAA) Solution Consulting Organization globally, covering the key domains of Information Architecture, Enterprise Risk Management, Enterprise Performance Management & Customer Insight.
Mr Singh works with industry-leading banks and insurance companies globally to drive the education, evaluation, and delivery of Oracle’s leading-edge suite of finance and risk solutions, helping clients envision the future of autonomous finance with real-time and forward-looking insights that address their complex finance, risk, and accounting challenges.
Title: Intelligence in Connected Planning and Accurate Forecasts
Duration: 1 hour
Forecasts and plans are required continuously to manage business objectives and market uncertainty. Many financial institutions struggle to provide rolling forecasting due to inaccurate data, inflexible models or applications, incomplete scenario support, and lack of integration. Now more than ever, FP&A teams must deliver higher-value work, require deeper insight into business drivers and trends, forecast multiple scenarios under adverse conditions, and generate predictive insights to easily adjust plans and forecasts.
Join us to hear from peers and practitioners in financial services discussing the latest trends and technologies for continuous, connected financial planning and forecasting.
Key discussion points
Head of Strategic Planning and Forecasting / MassMutual
HIGHLY ACCOMPLISHED FINANCIAL EXECUTIVE with expertise in both steering and enhancing the Finance/Accounting departments while providing direct support to Chief Financial Officers, Chief Accounting Officers, Chief Risk & Surveillance Officers, and other C-suite functions; Efficiently solves complex business and valuation problems, delivering transformative solutions, and creating effective business analytics; Innovative top performer who develops and creates high performing teams that deliver timely results
Head of FP&A / IDB Bank
Financial Services Industry Solution Consulting Lead / Oracle Financial Services
Vinodh is Financial Services Industry Solution Consulting Lead at Oracle for JAPAC, with focus on Financial Performance and Risk domains. His responsibilities include developing and delivering the strategy and solutions focus for the banking performance management, capital markets and banking risk domains across the region. Vinodh works closely with industry-leading clients and strategic partners across JAPAC to help drive business transformation through data-driven innovation, adapt to evolving customer expectations and fast-moving market + regulatory changes. Vinodh is pivotal to client engagements that span Oracle Financial Services Analytical Applications & Oracle Enterprise Performance Management Cloud Service, solution engineering business transformation programs.
Prior to joining Oracle, Vinodh was with multiple Tier-1 Financial services companies. Vinodh has been engaged with many bank transformations across the region largely in finance, risk & treasury, with clients in Australia, Japan, Singapore, India, Thailand, Philippines, Malaysia and other JAPAC countries. Vinodh played a key role contributing to the Development & Solutioning of the Oracle ‘s Banking Reference Architecture covering Finance, Risk, Performance & Compliance. The architecture has delivered significant value to many clients in JAPAC and has delivered on the goal of ‘Alignment of Finance & Treasury, Risk & Performance Management Strategies’.
Vinodh is a regular participant in various thought leadership activities within Oracle and customer engagements. He heads the AI adaption and strategic AI projects for the OFSAA stack of products. Currently focused and working on embedding AI as part of Finance and Risk applications to provide differentiated and value added experience for users.
Title: Future-Proof Regulatory Compliance to Unlock Innovation
Duration: 1 hour
In recent years, regulatory reporting costs and resource burdens for financial institutions have significantly increased. This sprint towards compliance often leads to a collection of singular regulatory reporting solutions on top of legacy systems that end up creating more challenges and scrutiny from regulators. Forward-thinking institutions who have taken a proactive approach to reporting have achieved scalable, continuous compliance, while maximizing technology investments.
Join us to hear from peers and practitioners in financial services discussing the importance of agility with future-proof regulatory reporting.
Key discussion points
Head of Risk and Compliance / Arise Pty Ltd
As Head of Risk and Compliance at Arise Invest currently manage the Risk and Compliance function and is also the lead on any Risk and Compliance related Value Creation initiatives across various Sub-Saharan African countries within the Arise portfolio. As a Certified Risk Management Professional (FRM) and Anti-Money Laundering (CAMS) certified professional, I boast with extensive banking, investment and consulting experience. I'm acknowledge for my strong enterprise risk management, governance, compliance and leadership capabilities with experience working with all levels of management across leading financial institutions in South Africa and across Sub-Saharan African.
My objective is to provide best in class risk and compliance expertise with practical understanding and experience to organizations in today's ever changing and challenging regulatory environment.
Head of US Regulatory Services / BMO Financial Group
Brett is the Director of the Regulatory Services Group at BMO Capital Markets with his current focus on the US Broker-Dealer transactional regulatory reporting. His career includes opportunities across various Business, Operational, Change Management and Regulatory roles and he applies this experience to build teams and develop processes with a complete front to back view. Brett has spent the last decade of his career with his primary focus in the US regulatory space having successfully delivered programs to setup and train production teams, architect governance solutions, perform data remediations, implement process improvements and integrate reporting and control systems.
Prior to joining BMO Capital Markets Brett had worked at global financial institutions including Lehman Brothers, Barclays Capital, Macquarie Capital, and RBC Capital Markets.
Head of Regulatory Compliance / Danske Bank
Senior Compliance Leader with international experience. Change accelerator & Transformation lead. Passionate for AML Financial Regulation, Sustainable Finance (ESG), Diversity and inclusion. Lecturer & public speaker.
Head of OFSAA Solution Consulting - North America / Oracle Financial Solutions
Nicholas Edmonds is the Head of OFSAA Solution Consulting - North America at Oracle Financial Services.
He has extensive experience in Regulatory Reporting, Bank Technology Solutions and Leveraged Finance. His areas of expertise include analysis and interpretation of regulatory rules, regulatory capital calculations, reporting and disclosure requirements, model development, management reporting, forecasting, and systems implementation for regulatory reporting in the financial services industry.
Mr. Edmonds also boasts significant leveraged finance underwriting/credit analysis experience with specialization in securitization and asset-based lending.