A large international financial institution was struggling to acquire, maintain and manage multiple classes and hierarchies of data within existing systems and processes. As a result, they faced significant difficulty assigning credit risk and calculating capital requirements and RWA. They also missed out on product sales opportunities, and encountered various deficiencies with several ongoing regulatory […]
Client Challenges The client wanted a more robust, scalable and reliable solution for caching FX static data. The large legacy system was clunky and slow. Each trading system that used the cache actually only required small subsets of data for each transaction. Management and access to the data was cumbersome and created latency within the […]
A large global banking client was seeking to enhance the customer experience. As digital banking gains traction, customer expectations are also evolving. Users now demand personalized services on-demand and easily accessible through their digital devices. This shift has pushed banks to find innovative solutions to meet these new customer demands without compromising service quality. Client […]
Many organizations are struggling with rising costs and the ongoing need to invest intheir business to survive in an increasingly competitive marketplace. ImplementingRobotic Process Automation (RPA) has been proven to help organizations address theseissues. Here we look at how a leading eFX trading organization increased tradingvolumes and revenues by implementing RPA within their Customer Integration […]
Dealing with the vast amounts of data within an organisation can be challenging. Brickendon believes that addressing these needs in a holistic way helps reduce costs and improve customer service. Our data quality solution aims to be the internal data provider of choice within the firm by employing governance best practices, providing high-quality products and services […]
Failure to manage hybrid work effectively can lead to compliance violations, operational inefficiencies, and increased costs. At Brickendon transformational consultancy, we leverage our expertise in business transformation and our partnership with the award-winning platform HybridHero to provide seamless, end-to-end solutions that unify workforces, optimise real estate portfolios, and deliver a measurable return on investment (ROI) […]
Failing to fully understand and implement Value Stream Mapping (VSM) in your organisation can be incredibly costly. Inefficiencies, bottlenecks, and missed opportunities for optimisation can lead to significant financial losses, wasted time, and diminished customer satisfaction. Without a clear view of your processes, information flow, and time management, identifying potential issues becomes difficult, if not […]
Foreign trade plays a crucial role in today’s interconnected global economy, enabling businesses to expand their reach and capitalize on international opportunities. However, engaging in cross-border transactions often presents financial challenges that require specialized solutions. Commercial banks play a vital role in facilitating foreign trade financing, providing essential services that support businesses in their international […]
“Know yourself and know your enemy. You win all battles” – so states Sun Tzu in his Art of War. Other prominent leaders have also stressed the importance of good information. Knowing and understanding your business is essential for good decision making which has a direct impact on its performance. One could argue that many […]
The banking sector has undergone a significant transformation in recent years, with technology playing a pivotal role in reshaping the industry. Among the many advancements, Artificial Intelligence (AI) has emerged as a significant change, revolutionizing the way banks interact with customers and enhancing overall efficiency. The integration of AI with virtual environments in banking has […]