Banking

For your Department: Executive Management

Executive Management bears the ultimate responsibility for the success or failure of the bank. Yet this senior team must work largely by indirect means: setting goals and communicating strategy; strengthening the organizational culture; recruiting senior talent and building teams; and determining how to allocate capital, especially for long-term priorities.

Barriers to more effective executive management can include:

• Poor vertical visibility of performance drivers
• Unclear ownership of performance goals and accountability for them at the front line
• Poor horizontal visibility of cross-functional alignment and coordination
• Current executive information capabilities do not support the non-linear and iterative nature of decision-making/management processes.

The Performance Manager for Banking, a new book from Cognos, an IBM company, can help executive management better support decision areas such as core governance, risk, and compliance. These include:

• Performance:
• Financial management: Are we performing to shareholder expectations?
• Operational revenue management: Are we driving revenue growth effectively?
• Operational expense management: Are we managing operational expenses effectively?
• Long-term assets management: Are we managing long-term assets effectively to increase future revenue and expense management capabilities?
• Risk management: Are we managing the risks of sustaining this performance?
• Compliance management: Are we complying with regulatory requirements?

Download the Executive Management chapter
Download the whole book

The Performance Manager is just one of many great resources Cognos offers to help executives make better decisions. Additional downloads include:

• CPM brochure "Raise the Level of Performance": Find out how integrated BI, planning, and scorecarding creates better performance management.


• Smart Companies: Read how customers are using Cognos to improve performance.


• Customer Successes:


• Read how HSBC Hong Kong used Cognos to unite systems and processes and reduce reporting time from seven weeks to seven seconds.


• Find out how Unicredit integrated 90 data sources to create an award-winning environment for modeling and managing risk.


• Find out how Bank of America uses performance management software from Cognos for forecasts, regulatory and management reports, and to calculate reserve requirements.

Home | Legal Notices | Privacy Statement | Site Map | Performance Management | Business Intelligence | RSS Feeds
Copyright © 2008 Cognos ULC (formerly Cognos Inc.), an IBM Company.
All rights reserved.

Cognos is a world leader in business intelligence, performance management, data integration, enterprise risk management, olap reporting, analytics software, Oracle business intelligence, and balanced scorecarding for the enterprise.

 

Banking Resources

Contact Sales