Corporate Banking: Show Me the Money

Technology Revolution: The Future of Now

Bonnie D Graham

News, Business News, Technology

4.9 • 112 Ratings

🗓️ 28 November 2012

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Corporate banking. If your treasury department is in a stranglehold with your bank, you’re not alone. Richard Walker: “For commercial banks, the imperative is on improving customer experience and becoming easier to do business with through ease of integration, data and process transparency...” Olli Kähkönen: “When you walk through a storm, hold your chin up high...At the end of the storm is a golden sky... (Lyrics: You’ll Never Walk Alone) Robert Grimes: “With everything from supermarket chains (e.g. Tesco, Sainsbury, Walmart) to technology giants (e.g. Google, Paypal/eBay) entering the financial services sector, banks have a new challenge to not only compete with their own kind but also with completely new players.” Tom McAllister: “Demand for new revenue sources driven by capital needs, and mitigation of short- to mid-term geographic risk, is causing many banks to look beyond their borders for other sources of capital.” Join us for Corporate Banking: Show Me the Money.

Transcript

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0:00.0	Welcome to the most nutritious hour of business talk all week.
0:12.3	This is Coffee Break with Game Changers, presented by SAP.
0:16.2	The best run business is run SAP.
0:18.8	Your host and moderator is Bonnie D. Graham. You'll hear from the innovators
0:22.3	who have learned to use game-changing technologies to shake up the status quo and help move today's
0:27.4	businesses in new directions. Now, here's Bonnie D. Graham. And today's buzz phrase is corporate banking.
0:34.6	If your company's treasury department is locked in an stranglehole with your
0:39.3	commercial bank, take comfort in the fact that you are not alone. The experts speak. We're going to
0:44.8	welcome Richard Walker today from Deloitte. He says for commercial banks, the imperative is on
0:49.9	improving customer experience and becoming easier to do business with through ease of integration,
0:56.0	data and process transparency.
0:57.9	Richard has a lot more to tell us when we bring them on in a couple minutes.
1:00.8	We're also going to be speaking with Oli Kakkonen.
1:03.9	He says, when you walk through a storm, hold your chin up high and don't be afraid of the dark.
1:08.5	At the end of the storm is a golden sky.
1:10.6	You all know those are the lyrics from You'll Never Walk Alone.
1:13.4	He chose them for a good reason on our corporate banking transformation topic.
1:17.4	We'll be speaking to Oli and just a few.
1:19.2	Rob Grimes is with us today.
1:20.9	He asks, who is the competition these days with everything from supermarket chains?
1:25.6	You know, Sainsbury, Walmart, to tech giants like Google,
1:29.3	PayPal, and eBay entering the financial services sector. A bank has a new challenge, not only to
	...

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