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Posts Tagged ‘transaction banking’

Based on my research, Chief Operating Officers (COO) of Transaction Banks are focusing on: > Integrating cash and trade management functions. > Aligning business units on same performance targets (i.e., same P&L) to ensure integration of functions. > Educating sales reps to understand their clients’ business processes. > Consolidating IT systems to extract data and […]

Apr 16th, 2010 | Filed under Banking, Corporate Banking

The requirements of transaction services by corporate clients are all centered on the prerequisite of a strong relationship level. They expect their bank to play a partnership role by presenting strategic vision and commitment to the transaction services business. Building strong transaction services capabilities requires the ability to meet the requests of large corporate clients, […]

Sep 3rd, 2009 | Filed under Banking, Corporate Banking

At Celent we are recording a constant trend among financial institutions to concentrate their cash management and trade finance offerings. This falls under the umbrella of Global Transaction Banking (GTB). That this interest is driven by a business imperative becomes immediately evident when we learn that, for instance, Deutsche Bank has experienced a 20% increase […]

Jul 3rd, 2009 | Filed under Corporate Banking

The press seems to focus a lot of its coverage on competition for retail banking business in Asia, but from where I sit it looks as though the corporate banking side is at least as hot, if not more so. One reason is that retail products and services are already fairly well developed in the […]

Jun 21st, 2009 | Filed under Banking, Corporate Banking