Addresses the key technologies used in digitalization and their impacts to the IT landscape

Gathers the most relevant methods used in the bank management digitalization

Focuses on practical applications and their implementation in a bank environment

Gives an outlook to the impact digitalization will have in the daily work of a CFO / CRO and a structural influence to the financial management department of a bank

Autorentext

Volker Liermann, a Partner at ifb group, brings twenty years of experience in financial risk management. His focus has additionally been on integrated stress testing and liquidity risk management as it impacts asset liability management and profitability. In recent years, he added digital transformation and machine learning to his subjects of expertise. Volker is leading the global business development for banking at ifb. He has an economics background and has a degree in mathematics from the University of Bonn, Germany. Claus Stegmann, a Partner at ifb group and Member of the Executive Board, acquired extensive know-how during the last two decades in topics like SAP Bank Analyzer, risk management for banks, accounting, regulatory and compliance (Basel III, CRR/CRD IV, Solvency II), and in the management of complex projects in the financial industry. He also co-authored books on stress tests in banks and Basel III. He has an academic background as Diplom-Kaufmann (business school graduate) from the University of Passau, Germany.

Inhalt

1. Introduction- Volker Liermann, Claus Stegmann.- Part 1: Automation, distributed ledger and client related aspects.- 2. Batch Processing: Pattern Recognition- Volker Liermann, Claus Stegmann.- 3. Hyperledger fabric as a blockchain framework in the financial industry- Martina Bettio, Fabian Bruse, Achim Franke, Thorsten Jakoby, Daniel Schärf.- 4. Hyperledger composer: syndicated loans- Gereon Dahmen, Volker Liermann.- 5. The concept of the best action/offer in the age of customer experience- Uwe May.- 6. Using prospect theory to determine investor risk aversion- Constantin Lisson.- 7. Leveraging predictive analytics within a value driver based planning framework- Simon Valjanow, Phillip Enzinger, Florian Dinges.- 8. Predictive Risk Management- Volker Liermann, Nikolas Viets.- 9. Intraday liquidity: forecast using pattern recognition- Volker Liermann, Sangmeng Li, Victoria Dobryashkina.- Part 2: Bank Management Aspects.- 10. Internal credit risk models with machine learning- Markus Thiele, Harro Dittmar.- 11. Real estate risk: Appraisal capture- Volker Liermann, Norbert Schaudinnus.- 12. Managing internal and external network complexity: how digitalization and new technology influence the modeling approach- Stefan Grossmann, Philipp Enzinger.- 13. Big data and the CRO of the future- Richard L. Harmon.- Part 3: Regulatory Aspects- Introduction.- 14. How technology (or algorithms like deep learning and machine learning) can help to comply with regulatory requirements- Moritz Plenk, Losif Levant, Noah Bellon.- 15. New Office of the Comptroller of the Currency Fintech Regulation: Ensuring a Successful Special Purpose National Bank Charter Application- Alexa Philo.- Part 4: Methods, Technology & Architecture- Introduction.- 16. Mathematical background of machine learning- Volker Liermann, Sangmeng Li, Victoria Dobryashkina.- 17. Deep learning: an introduction- Sangmeng Li, Volker Liermann, Norbert Schaudinnus.- 18. Hadoop: A standard framework for computer cluster- Eljar Akhgarnush, Lars Broeckers, Thorsten Jakoby.- 19. In-memory databases and their impact on our (future) organizations- Eva Kopic, Bezu Teschome, Thomas Schneider, Ralph Steurer, Sascha Florin.- 20. MongoDB: The journey from a relational to a document-based database for FIS balance sheet management- Boris Bialek.- 21. Summary and Outlook- Volker Liermann, Claus Stegmann.