1. RISK 2.0
Selena Sol presents…..
selena@selenasol.com
http://www.linkedin.com/pub/eric-tachibana/0/33/b53
http://www.slideshare.net/selenasol
The new risk context for MNC
banks and possible mitigating
approaches

2. • Multi Device - Multi Application
• Global Mobility with instant access
• Social Mediafication of everything
• The Apple Experience
It’s a great time to be a customer

3. • Compliance Cloud & Economic Doldrums
• Legacy Platform Spaghetti
• Low Morale
• Big, Unstructured Data
It’s not such a great time to be us!

4. The chasm of context generates high risk
• Data Privacy & Identity Theft / Fraud
• A new bar for Availability
• Brand Control
• The migration of talent to what’s hip

5. 5 suggestions for dealing with
risk

6. Simplify the platform
• Stop whining and just do it before the business picks
up and it is too late
• Leverage everything-as-a-service
• Rip out the derailers in middle mgmt
• Get financial transparency of IT (biz cases)

7. Dude, slow down
• Pioneers are the guys with arrows in their backs.
First mover is usually a disadvantage
• But have a fast-follower plan
• Agile product management means launch small
but often, listen, and iterate.

8. Leverage value-chain innovation
• Focus less on product innovation and more on value chain & business
model innovation (Amazon and long tail model or Toyota and lean
supply chain)
• Our industry should be more collaborative with non-value operations

9. Invest in data visualization

10. Invest in targeted corporate ventures
• Looking for huge markets in meat space is harder and
harder
• Virtual currencies and markets will need all the same
financial products and services
• Invest in a few good learning projects ASAP

11. Entrepreneurship.